AlphaQuest LLC Has $4.36 Million Stock Holdings in Broadridge Financial Solutions, Inc. $BR

AlphaQuest LLC boosted its position in Broadridge Financial Solutions, Inc. (NYSE:BR) by 606.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,314 shares of the business services provider’s stock after buying an additional 15,722 shares during the quarter. AlphaQuest LLC’s holdings in Broadridge Financial Solutions were worth $4,362,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. First Horizon Corp acquired a new stake in shares of Broadridge Financial Solutions in the third quarter valued at about $25,000. NewSquare Capital LLC boosted 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 purchasing an additional 51 shares during the period. Caitong International Asset Management Co. Ltd grew its holdings in Broadridge Financial Solutions by 85.1% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 124 shares of the business services provider’s stock valued at $30,000 after buying an additional 57 shares during the last quarter. Bank of Jackson Hole Trust increased its position in Broadridge Financial Solutions by 110.3% in the 2nd quarter. Bank of Jackson Hole Trust now owns 122 shares of the business services provider’s stock worth $30,000 after buying an additional 64 shares during the period. Finally, REAP Financial Group LLC increased its position in Broadridge Financial Solutions by 59.1% in the 2nd quarter. REAP Financial Group LLC now owns 148 shares of the business services provider’s stock worth $36,000 after buying an additional 55 shares during the period. Institutional investors own 90.03% of the company’s stock.

Insider Activity at Broadridge Financial Solutions

In related news, President Christopher John Perry sold 3,984 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $226.00, for a total transaction of $900,384.00. Following the sale, the president directly owned 44,829 shares in the company, valued at $10,131,354. This represents a 8.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Thomas P. Carey sold 10,214 shares of Broadridge Financial Solutions 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 approximately $1,381,520.76. The trade was a 62.89% decrease in their position. The SEC filing for this sale provides additional information. 1.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

BR has been the subject of several research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Broadridge Financial Solutions in a research report on Monday, December 29th. DA Davidson decreased their price target on shares of Broadridge Financial Solutions from $240.00 to $228.00 and set a “neutral” rating on the stock in a research report on Friday, January 23rd. Wall Street Zen upgraded shares of Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Morgan Stanley cut their price objective on shares of Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 5th. Finally, UBS Group decreased their target price on Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating on the stock in a research report on Thursday, November 13th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $257.83.

Broadridge Financial Solutions Price Performance

Shares of BR stock opened at $195.81 on Friday. The stock’s fifty day simple moving average is $222.67 and its 200 day simple moving average is $235.11. Broadridge Financial Solutions, Inc. has a one year low of $193.06 and a one year high of $271.91. The firm has a market cap of $22.86 billion, a price-to-earnings ratio of 25.07 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 issued its quarterly earnings data on Tuesday, November 4th. The business services provider reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $1.54 billion. Broadridge Financial Solutions has set its FY 2026 guidance at 9.230-9.580 EPS. On average, analysts expect that Broadridge Financial Solutions, Inc. will post 8.53 earnings per share for the current fiscal year.

Broadridge Financial Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, January 5th. Stockholders of record on Friday, December 12th were paid a $0.975 dividend. The ex-dividend date was Friday, December 12th. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.0%. Broadridge Financial Solutions’s payout ratio is 49.94%.

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.