111 Capital Makes New Investment in Broadridge Financial Solutions, Inc. $BR

111 Capital acquired a new stake in Broadridge Financial Solutions, Inc. (NYSE:BR) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 4,361 shares of the business services provider’s stock, valued at approximately $1,039,000.

Several other large investors also recently bought and sold shares of BR. Elo Mutual Pension Insurance Co lifted its stake in shares of Broadridge Financial Solutions by 30.4% during the third quarter. Elo Mutual Pension Insurance Co now owns 19,818 shares of the business services provider’s stock worth $4,720,000 after buying an additional 4,619 shares during the period. Fisher Asset Management LLC increased its position in shares of Broadridge Financial Solutions by 24.0% in the 3rd quarter. Fisher Asset Management LLC now owns 1,587 shares of the business services provider’s stock valued at $378,000 after acquiring an additional 307 shares during the period. Journey Strategic Wealth LLC purchased a new position in Broadridge Financial Solutions in the 3rd quarter worth $389,000. R Squared Ltd acquired a new stake in Broadridge Financial Solutions during the 3rd quarter worth about $1,024,000. Finally, DNB Asset Management AS grew its stake in Broadridge Financial Solutions by 4.2% during the 3rd quarter. DNB Asset Management AS now owns 27,420 shares of the business services provider’s stock valued at $6,531,000 after purchasing an additional 1,109 shares during the last quarter. Hedge funds and other institutional investors own 90.03% of the company’s stock.

Insider Buying and Selling

In related news, Director Robert N. Duelks sold 253 shares of the business’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $192.60, for a total value of $48,727.80. Following the sale, the director owned 20,815 shares in the company, valued at approximately $4,008,969. The trade was a 1.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Thomas P. Carey sold 10,214 shares of the stock in a transaction dated 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 transaction, the vice president directly owned 6,026 shares in the company, valued at approximately $1,381,520.76. The trade was a 62.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.10% of the company’s stock.

Broadridge Financial Solutions Price Performance

NYSE:BR opened at $185.43 on Monday. The stock has a 50 day moving average of $202.63 and a two-hundred day moving average of $224.58. Broadridge Financial Solutions, Inc. has a 12 month low of $163.71 and a 12 month high of $271.91. The firm has a market cap of $21.65 billion, a P/E ratio of 20.53 and a beta of 0.98. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.93.

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

Analyst Upgrades and Downgrades

BR has been the topic of several analyst reports. JPMorgan Chase & Co. dropped their target price on Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating on the stock in a report on Wednesday, February 4th. Morgan Stanley lowered 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 report on Wednesday, November 5th. Needham & Company LLC cut their target price on shares of Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Raymond James Financial reiterated an “outperform” rating and issued a $257.00 target price on shares of Broadridge Financial Solutions in a research note on Tuesday, February 3rd. Finally, UBS Group lowered their price target on shares of Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating on the stock in a report on Thursday, November 13th. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Broadridge Financial Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $247.71.

About Broadridge Financial Solutions

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.