Core Alternative Capital Sells 3,197 Shares of Broadridge Financial Solutions, Inc. $BR

Core Alternative Capital lowered its position in Broadridge Financial Solutions, Inc. (NYSE:BR) by 13.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,882 shares of the business services provider’s stock after selling 3,197 shares during the quarter. Broadridge Financial Solutions comprises approximately 1.4% of Core Alternative Capital’s portfolio, making the stock its 29th largest holding. Core Alternative Capital’s holdings in Broadridge Financial Solutions were worth $4,973,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. CX Institutional raised its holdings in shares of Broadridge Financial Solutions by 2.8% in the 3rd quarter. CX Institutional now owns 1,633 shares of the business services provider’s stock valued at $389,000 after acquiring an additional 44 shares in the last quarter. Harbour Investments Inc. raised its stake in Broadridge Financial Solutions by 10.1% in the second quarter. Harbour Investments Inc. now owns 489 shares of the business services provider’s stock valued at $119,000 after purchasing an additional 45 shares in the last quarter. Signaturefd LLC lifted its position in Broadridge Financial Solutions by 2.2% during the third quarter. Signaturefd LLC now owns 2,090 shares of the business services provider’s stock valued at $498,000 after purchasing an additional 45 shares during the last quarter. Strategic Blueprint LLC grew its stake in Broadridge Financial Solutions by 5.6% in the 3rd quarter. Strategic Blueprint LLC now owns 880 shares of the business services provider’s stock worth $210,000 after buying an additional 47 shares in the last quarter. Finally, PAX Financial Group LLC increased its holdings in shares of Broadridge Financial Solutions by 5.6% in the 2nd quarter. PAX Financial Group LLC now owns 926 shares of the business services provider’s stock worth $225,000 after buying an additional 49 shares during the last quarter. Institutional investors own 90.03% of the company’s stock.

Insiders Place Their Bets

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

Broadridge Financial Solutions Stock Down 1.2%

NYSE:BR opened at $206.32 on Wednesday. The firm’s 50-day moving average price is $223.73 and its 200-day moving average price is $235.60. Broadridge Financial Solutions, Inc. has a 1-year low of $204.61 and a 1-year high of $271.91. The company has a market capitalization of $24.08 billion, a PE ratio of 26.42 and a beta of 0.99. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.93 and a quick ratio of 0.93.

Broadridge Financial Solutions (NYSE:BR) last posted its quarterly earnings results on Tuesday, November 4th. The business services provider reported $1.51 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.32. Broadridge Financial Solutions had a return on equity of 43.28% and a net margin of 13.11%.The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.54 billion. Broadridge Financial Solutions has set its FY 2026 guidance at 9.230-9.580 EPS. On average, equities analysts predict that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current fiscal year.

Broadridge Financial Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 5th. Shareholders of record on Friday, December 12th were paid a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a yield of 1.9%. The ex-dividend date was Friday, December 12th. Broadridge Financial Solutions’s dividend payout ratio (DPR) is currently 49.94%.

Wall Street Analyst Weigh In

BR has been the subject of several research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Broadridge Financial Solutions in a research report on Monday, December 29th. DA Davidson cut their target price on Broadridge Financial Solutions from $240.00 to $228.00 and set a “neutral” rating for the company in a research note on Friday, January 23rd. Morgan Stanley reduced their price objective on Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 5th. Wall Street Zen raised shares of Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, UBS Group reduced their price target 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. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $257.83.

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.