Mitsubishi UFJ Trust & Banking Corp Decreases Stock Position in Broadridge Financial Solutions, Inc. $BR

Mitsubishi UFJ Trust & Banking Corp decreased its stake in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 8.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 70,457 shares of the business services provider’s stock after selling 6,147 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.06% of Broadridge Financial Solutions worth $16,781,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. First Horizon Corp acquired a new stake in Broadridge Financial Solutions in the third quarter valued at approximately $25,000. NewSquare Capital LLC raised its holdings in shares of Broadridge Financial Solutions by 89.5% in 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 in the last quarter. ORG Partners LLC lifted its position in shares of Broadridge Financial Solutions by 360.0% during the 2nd quarter. ORG Partners LLC now owns 115 shares of the business services provider’s stock worth $28,000 after purchasing an additional 90 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its stake in shares of Broadridge Financial Solutions by 85.1% during the second quarter. Caitong International Asset Management Co. Ltd now owns 124 shares of the business services provider’s stock worth $30,000 after purchasing an additional 57 shares in the last quarter. Finally, Bank of Jackson Hole Trust increased its holdings in Broadridge Financial Solutions by 110.3% in the second quarter. Bank of Jackson Hole Trust now owns 122 shares of the business services provider’s stock valued at $30,000 after buying an additional 64 shares during the last quarter. Hedge funds and other institutional investors own 90.03% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. DA Davidson lowered their price objective on Broadridge Financial Solutions from $240.00 to $228.00 and set a “neutral” rating for the company in a research report on Friday, January 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Broadridge Financial Solutions in a report on Monday, December 29th. UBS Group cut their price objective 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. Wall Street Zen upgraded shares of Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, Morgan Stanley dropped their target price 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. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $257.83.

Broadridge Financial Solutions Stock Performance

Shares of BR opened at $206.32 on Wednesday. The company’s 50 day simple moving average is $223.73 and its 200-day simple moving average is $235.60. The firm has a market cap of $24.08 billion, a PE ratio of 26.42 and a beta of 0.99. Broadridge Financial Solutions, Inc. has a 12-month low of $204.61 and a 12-month high of $271.91. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06.

Broadridge Financial Solutions (NYSE:BR) last released its quarterly earnings results on Tuesday, November 4th. The business services provider reported $1.51 EPS for the quarter, beating the consensus estimate of $1.19 by $0.32. Broadridge Financial Solutions had a net margin of 13.11% and a return on equity of 43.28%. The firm had revenue of $1.59 billion during 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. As a group, equities analysts predict that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current year.

Broadridge Financial Solutions Announces Dividend

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

Insider Activity

In other news, President Christopher John Perry sold 3,984 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $226.00, for a total value of $900,384.00. Following the transaction, the president owned 44,829 shares of the company’s stock, valued at approximately $10,131,354. The trade was a 8.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Thomas P. Carey sold 10,214 shares of the company’s stock in a transaction that occurred 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 sale, the vice president owned 6,026 shares of the company’s stock, valued at $1,381,520.76. This trade represents a 62.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.10% of the company’s stock.

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.