SVB Wealth LLC Sells 4,515 Shares of Broadridge Financial Solutions, Inc. $BR

SVB Wealth LLC lowered its holdings in Broadridge Financial Solutions, Inc. (NYSE:BR) by 12.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,845 shares of the business services provider’s stock after selling 4,515 shares during the period. SVB Wealth LLC’s holdings in Broadridge Financial Solutions were worth $7,585,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. CX Institutional raised its position in Broadridge Financial Solutions by 2.8% in the third quarter. CX Institutional now owns 1,633 shares of the business services provider’s stock worth $389,000 after acquiring an additional 44 shares during the period. Harbour Investments Inc. raised its holdings in shares of Broadridge Financial Solutions by 10.1% in the 2nd quarter. Harbour Investments Inc. now owns 489 shares of the business services provider’s stock worth $119,000 after purchasing an additional 45 shares during the period. Signaturefd LLC lifted its stake in Broadridge Financial Solutions by 2.2% in 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 holdings in Broadridge Financial Solutions by 5.6% during the third quarter. Strategic Blueprint LLC now owns 880 shares of the business services provider’s stock valued at $210,000 after purchasing an additional 47 shares during the period. Finally, PAX Financial Group LLC increased its position in Broadridge Financial Solutions by 5.6% in the second 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.

Insider Activity at Broadridge Financial Solutions

In other 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 completion of the sale, the president owned 44,829 shares of the company’s stock, valued at approximately $10,131,354. This represents a 8.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Robert N. Duelks sold 253 shares of Broadridge Financial Solutions stock in a transaction on Friday, February 6th. The stock was sold at an average price of $192.60, for a total transaction of $48,727.80. Following the completion of the transaction, the director directly owned 20,815 shares in the company, valued at approximately $4,008,969. The trade was a 1.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 14,451 shares of company stock worth $3,290,773 in the last ninety days. 1.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. DA Davidson raised Broadridge Financial Solutions from a “neutral” rating to a “buy” rating and set a $228.00 price target on the stock in a research report on Wednesday, February 4th. UBS Group cut their target price on shares of Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating for the company in a research report on Thursday, November 13th. Weiss Ratings lowered shares of Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Wall Street Zen downgraded shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a report on Saturday. Finally, 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. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Broadridge Financial Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $247.71.

Broadridge Financial Solutions Trading Down 0.6%

Shares of BR opened at $180.84 on Tuesday. Broadridge Financial Solutions, Inc. has a fifty-two week low of $175.86 and a fifty-two week high of $271.91. The firm has a market cap of $21.11 billion, a price-to-earnings ratio of 20.03 and a beta of 0.97. The firm has a 50 day moving average price of $217.35 and a 200-day moving average price of $232.54. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.97 and a current ratio of 0.97.

Broadridge Financial Solutions (NYSE:BR) last released its earnings results on Tuesday, February 3rd. The business services provider reported $1.59 EPS for the quarter, beating the consensus estimate of $1.34 by $0.25. The company had revenue of $1.71 billion for the quarter, compared to analyst estimates of $1.61 billion. Broadridge Financial Solutions had a net margin of 14.86% and a return on equity of 40.70%. The firm’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.56 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. As a group, equities research analysts forecast that Broadridge Financial Solutions, Inc. will post 8.53 earnings per share for the current year.

Broadridge Financial Solutions Announces Dividend

The business 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. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, December 12th. Broadridge Financial Solutions’s payout ratio is 43.19%.

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.