Rakuten Investment Management Inc. Takes $41.64 Million Position in Broadridge Financial Solutions, Inc. $BR

Rakuten Investment Management Inc. purchased a new position in Broadridge Financial Solutions, Inc. (NYSE:BR) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 174,812 shares of the business services provider’s stock, valued at approximately $41,635,000. Rakuten Investment Management Inc. owned 0.15% of Broadridge Financial Solutions at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. First Horizon Corp purchased a new position in shares of Broadridge Financial Solutions during the 3rd quarter valued at $25,000. NewSquare Capital LLC raised its stake in 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 acquiring an additional 51 shares during the period. ORG Partners LLC raised its stake in Broadridge Financial Solutions by 360.0% in the 2nd quarter. ORG Partners LLC now owns 115 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 90 shares during the period. Caitong International Asset Management Co. Ltd lifted its holdings in 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 valued at $30,000 after purchasing an additional 57 shares during the last quarter. Finally, Bank of Jackson Hole Trust lifted its holdings in Broadridge Financial Solutions by 110.3% during the second quarter. Bank of Jackson Hole Trust now owns 122 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 64 shares during the last quarter. 90.03% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Broadridge Financial Solutions

In other Broadridge Financial Solutions news, VP Thomas P. Carey sold 10,214 shares of the business’s stock in a transaction that occurred 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 $1,381,520.76. The trade was a 62.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Christopher John Perry sold 3,984 shares of the stock in a transaction 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 transaction, the president directly owned 44,829 shares in the company, valued at $10,131,354. The trade was a 8.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.10% of the company’s stock.

Broadridge Financial Solutions Trading Down 4.3%

Shares of BR stock opened at $209.15 on Wednesday. The company has a market capitalization of $24.41 billion, a PE ratio of 26.78 and a beta of 0.99. Broadridge Financial Solutions, Inc. has a 52-week low of $208.67 and a 52-week high of $271.91. The business’s fifty day moving average is $225.44 and its 200 day moving average is $236.66. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.93 and a current ratio of 0.93.

Broadridge Financial Solutions (NYSE:BR) last posted its earnings results on Tuesday, November 4th. The business services provider reported $1.51 EPS for the quarter, topping the consensus estimate of $1.19 by $0.32. The business had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Broadridge Financial Solutions had a return on equity of 43.28% and a net margin of 13.11%.Broadridge Financial Solutions has set its FY 2026 guidance at 9.230-9.580 EPS. On average, equities research analysts anticipate that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current fiscal year.

Broadridge Financial Solutions Dividend Announcement

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

Wall Street Analyst Weigh In

BR has been the subject of several recent research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Broadridge Financial Solutions in a research note on Monday, December 29th. DA Davidson reiterated a “neutral” rating and issued a $240.00 price objective on shares of Broadridge Financial Solutions in a research note on Tuesday, October 28th. Wall Street Zen upgraded Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. UBS Group reduced their price target 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. Finally, Morgan Stanley dropped their price objective on Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 5th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $259.83.

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.