Broadridge Financial Solutions, Inc. $BR Shares Bought by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI lifted its holdings in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 4,390.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 119,211 shares of the business services provider’s stock after buying an additional 116,556 shares during the period. Citizens Financial Group Inc. RI owned approximately 0.10% of Broadridge Financial Solutions worth $28,509,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BR. NewSquare Capital LLC raised its stake in Broadridge Financial Solutions by 89.5% during the 2nd quarter. NewSquare Capital LLC now owns 108 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 51 shares during the last quarter. ORG Partners LLC increased its holdings in shares of Broadridge Financial Solutions by 360.0% in the second quarter. ORG Partners LLC now owns 115 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 90 shares during the period. Caitong International Asset Management Co. Ltd raised its stake in shares of Broadridge Financial Solutions by 85.1% during the second quarter. Caitong International Asset Management Co. Ltd now owns 124 shares of the business services provider’s stock worth $30,000 after purchasing an additional 57 shares during the last quarter. Bank of Jackson Hole Trust lifted its holdings in shares of Broadridge Financial Solutions by 110.3% during the second quarter. Bank of Jackson Hole Trust now owns 122 shares of the business services provider’s stock worth $30,000 after purchasing an additional 64 shares during the period. Finally, REAP Financial Group LLC lifted its holdings in shares of Broadridge Financial Solutions by 59.1% during the second quarter. REAP Financial Group LLC now owns 148 shares of the business services provider’s stock worth $36,000 after purchasing an additional 55 shares during the period. Hedge funds and other institutional investors own 90.03% of the company’s stock.

Insider Buying and Selling

In other news, President Christopher John Perry sold 3,984 shares of Broadridge Financial Solutions stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $226.00, for a total value of $900,384.00. Following the completion of the sale, the president owned 44,829 shares of the company’s stock, valued at $10,131,354. The trade was a 8.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Thomas P. Carey sold 10,214 shares of the company’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $229.26, for a total value of $2,341,661.64. Following the completion of the transaction, the vice president owned 6,026 shares of the company’s stock, valued at $1,381,520.76. The trade was a 62.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.10% of the stock is currently owned by company insiders.

Broadridge Financial Solutions Price Performance

Shares of NYSE:BR opened at $223.21 on Monday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.93 and a current ratio of 0.93. The business’s fifty day moving average price is $225.76 and its two-hundred day moving average price is $237.77. The stock has a market cap of $26.05 billion, a PE ratio of 28.58 and a beta of 0.99. Broadridge Financial Solutions, Inc. has a one year low of $212.33 and a one year high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings data on Thursday, March 3rd. The business services provider reported $0.73 earnings per share (EPS) for the quarter. The business had revenue of $1.05 billion for the quarter. Broadridge Financial Solutions had a return on equity of 43.28% and a net margin of 13.11%.Broadridge Financial Solutions has set its FY 2026 guidance at 9.230-9.580 EPS. On average, analysts forecast that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current fiscal year.

Broadridge Financial Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 5th. Investors of record on Friday, December 12th were paid a dividend of $0.975 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $3.90 annualized dividend and a dividend yield of 1.7%. Broadridge Financial Solutions’s dividend payout ratio is presently 49.94%.

Analyst Ratings Changes

BR has been the subject of a number of analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Broadridge Financial Solutions in a research report on Monday, December 29th. UBS Group lowered their price objective on Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating on the stock in a report on Thursday, November 13th. Morgan Stanley dropped their target price on Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 5th. Wall Street Zen raised Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $240.00 price objective on shares of Broadridge Financial Solutions in a report on Tuesday, October 28th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $259.83.

Broadridge Financial Solutions 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.