Caprock Group LLC Invests $1.87 Million in Broadridge Financial Solutions, Inc. $BR

Caprock Group LLC purchased a new position in Broadridge Financial Solutions, Inc. (NYSE:BR) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 7,301 shares of the business services provider’s stock, valued at approximately $1,866,000.

A number of other institutional investors and hedge funds have also bought and sold shares of BR. Brighton Jones LLC bought a new stake in shares of Broadridge Financial Solutions during the fourth quarter valued at approximately $580,000. Empowered Funds LLC boosted its stake in Broadridge Financial Solutions by 41.5% during the 1st quarter. Empowered Funds LLC now owns 3,957 shares of the business services provider’s stock valued at $959,000 after purchasing an additional 1,160 shares during the last quarter. Woodline Partners LP increased its holdings in shares of Broadridge Financial Solutions by 6.9% in the 1st quarter. Woodline Partners LP now owns 9,886 shares of the business services provider’s stock worth $2,397,000 after purchasing an additional 635 shares in the last quarter. Acadian Asset Management LLC raised its stake in shares of Broadridge Financial Solutions by 480.8% in the first quarter. Acadian Asset Management LLC now owns 2,544 shares of the business services provider’s stock worth $616,000 after purchasing an additional 2,106 shares during the last quarter. Finally, CWM LLC raised its stake in shares of Broadridge Financial Solutions by 1.9% in the second quarter. CWM LLC now owns 7,827 shares of the business services provider’s stock worth $1,902,000 after purchasing an additional 147 shares during the last quarter. 90.03% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, VP Thomas P. Carey sold 10,214 shares of the 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 sale, the vice president directly owned 6,026 shares of the company’s stock, valued at $1,381,520.76. This represents a 62.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Robert N. Duelks sold 253 shares of Broadridge Financial Solutions stock in a transaction on Friday, February 6th. The shares were sold at an average price of $192.60, for a total transaction of $48,727.80. Following the transaction, the director owned 20,815 shares in the company, valued at approximately $4,008,969. This trade represents a 1.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 14,451 shares of company stock worth $3,290,773 over the last three months. 1.10% of the stock is currently owned by company insiders.

Broadridge Financial Solutions Trading Up 1.8%

NYSE:BR opened at $173.55 on Friday. Broadridge Financial Solutions, Inc. has a one year low of $163.71 and a one year high of $271.91. The business has a fifty day moving average price of $212.63 and a 200-day moving average price of $230.54. The firm has a market capitalization of $20.26 billion, a price-to-earnings ratio of 19.22 and a beta of 0.97. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.97 and a quick ratio of 0.97.

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

Wall Street Analysts Forecast Growth

BR has been the subject of several research analyst reports. UBS Group decreased their target price on 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. DA Davidson reiterated a “buy” rating and issued a $228.00 price target on shares of Broadridge Financial Solutions in a research note on Tuesday. Morgan Stanley lowered their price objective on shares of 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. Needham & Company LLC dropped their target price on shares of Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating for the company in a research note on Wednesday, February 4th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Broadridge Financial Solutions currently has a consensus rating of “Moderate Buy” and an average price target of $247.71.

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.