SVB Wealth LLC Cuts Stock Holdings in Broadridge Financial Solutions, Inc. $BR

SVB Wealth LLC lowered its position in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 24.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,647 shares of the business services provider’s stock after selling 6,683 shares during the quarter. SVB Wealth LLC’s holdings in Broadridge Financial Solutions were worth $3,355,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Patton Fund Management Inc. increased its position in shares of Broadridge Financial Solutions by 5.3% during the fourth quarter. Patton Fund Management Inc. now owns 974 shares of the business services provider’s stock worth $217,000 after purchasing an additional 49 shares in the last quarter. Great Valley Advisor Group Inc. boosted its stake in Broadridge Financial Solutions by 5.3% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 994 shares of the business services provider’s stock worth $242,000 after purchasing an additional 50 shares during the last quarter. Modern Wealth Management LLC boosted its stake in Broadridge Financial Solutions by 0.4% during the 3rd quarter. Modern Wealth Management LLC now owns 14,175 shares of the business services provider’s stock worth $3,376,000 after purchasing an additional 55 shares during the last quarter. Moneta Group Investment Advisors LLC grew its holdings in shares of Broadridge Financial Solutions by 3.9% during the third quarter. Moneta Group Investment Advisors LLC now owns 1,608 shares of the business services provider’s stock worth $383,000 after buying an additional 61 shares in the last quarter. Finally, WPG Advisers LLC grew its holdings in shares of Broadridge Financial Solutions by 77.5% during the fourth quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock worth $32,000 after buying an additional 62 shares in the last quarter. 90.03% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Broadridge Financial Solutions

In other news, insider Hope M. Jarkowski sold 1,966 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $155.00, for a total transaction of $304,730.00. Following the completion of the transaction, the insider directly owned 1 shares in the company, valued at approximately $155. This represents a 99.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.10% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on BR shares. Royal Bank Of Canada reissued an “outperform” rating and issued a $200.00 price target on shares of Broadridge Financial Solutions in a research note on Monday. UBS Group decreased their target price on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Weiss Ratings lowered Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Needham & Company LLC cut their price target on Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating for the company in a report on Friday, May 1st. Finally, DA Davidson reduced their price objective on Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating on the stock in a research report on Tuesday, May 5th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Broadridge Financial Solutions has an average rating of “Moderate Buy” and a consensus price target of $221.57.

Broadridge Financial Solutions Price Performance

Shares of BR stock opened at $136.12 on Tuesday. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.94 and a quick ratio of 0.94. The company has a market capitalization of $15.74 billion, a PE ratio of 14.57 and a beta of 0.88. The firm’s 50-day moving average is $151.18 and its two-hundred day moving average is $180.77. Broadridge Financial Solutions, Inc. has a 12 month low of $133.83 and a 12 month high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last announced its quarterly earnings results on Thursday, April 30th. The business services provider reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $0.09. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.90 billion. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. The business’s revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.44 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. Analysts predict that Broadridge Financial Solutions, Inc. will post 9.55 earnings per share for the current year.

Broadridge Financial Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 12th will be given a $0.975 dividend. The ex-dividend date is Friday, June 12th. This represents a $3.90 dividend on an annualized basis and a yield of 2.9%. Broadridge Financial Solutions’s payout ratio is currently 41.76%.

Broadridge Financial Solutions Company Profile

Broadridge Financial Solutions is a global fintech company that provides technology-driven solutions and outsourcing services to the financial services industry. The firm’s core offerings center on investor communications, securities processing and post-trade services, and technology platforms that support capital markets and wealth management operations. Broadridge positions itself as a provider of mission-critical infrastructure that helps financial institutions manage regulatory requirements, investor engagement and operational complexity.

Products and services include proxy and shareholder communications, investor disclosure and digital communications, proxy voting and tabulation, clearing and settlement support, trade processing and reconciliation, and a range of software-as-a-service platforms for wealth and asset managers.