SG Americas Securities LLC Purchases 166,212 Shares of Broadridge Financial Solutions, Inc. $BR

SG Americas Securities LLC boosted its position in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 467.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 201,791 shares of the business services provider’s stock after acquiring an additional 166,212 shares during the period. SG Americas Securities LLC’s holdings in Broadridge Financial Solutions were worth $45,034,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. First Horizon Corp bought a new position in shares of Broadridge Financial Solutions in the third quarter worth about $25,000. Guerra Advisors Inc acquired a new position in shares of Broadridge Financial Solutions during the 3rd quarter worth about $29,000. ORG Partners LLC boosted its stake in Broadridge Financial Solutions by 57.4% during the 3rd quarter. ORG Partners LLC now owns 181 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 66 shares during the period. Bank of Jackson Hole Trust grew its holdings in Broadridge Financial Solutions by 50.0% in the 3rd quarter. Bank of Jackson Hole Trust now owns 183 shares of the business services provider’s stock valued at $44,000 after buying an additional 61 shares during the last quarter. Finally, Fulcrum Asset Management LLP acquired a new stake in Broadridge Financial Solutions in the 3rd quarter valued at approximately $47,000. 90.03% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Robert N. Duelks sold 253 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were 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 of the company’s stock, valued at approximately $4,008,969. This trade represents a 1.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Timothy C. Gokey bought 5,300 shares of the firm’s stock in a transaction dated Friday, March 6th. The shares were acquired at an average price of $194.49 per share, for a total transaction of $1,030,797.00. Following the completion of the transaction, the chief executive officer owned 142,876 shares in the company, valued at $27,787,953.24. This represents a 3.85% increase in their position. The SEC filing for this purchase provides additional information. 1.10% of the stock is owned by insiders.

Broadridge Financial Solutions Trading Down 3.6%

Broadridge Financial Solutions stock opened at $164.63 on Wednesday. The business has a 50 day moving average price of $187.98 and a two-hundred day moving average price of $215.48. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.93. The stock has a market cap of $19.22 billion, a price-to-earnings ratio of 18.23 and a beta of 0.98. Broadridge Financial Solutions, Inc. has a 12 month low of $159.06 and a 12 month high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last announced its quarterly earnings data on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share for the quarter, topping 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 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% 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 analysts forecast that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current year.

Broadridge Financial Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Monday, March 16th will be paid a dividend of $0.975 per share. The ex-dividend date is Monday, March 16th. This represents a $3.90 dividend on an annualized basis and a yield of 2.4%. Broadridge Financial Solutions’s payout ratio is currently 43.19%.

Analyst Ratings Changes

Several research analysts have commented on BR shares. Needham & Company LLC dropped their price target on Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Wall Street Zen downgraded shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. JPMorgan Chase & Co. dropped their target price on shares of Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th. Raymond James Financial reiterated an “outperform” rating and set a $257.00 target price on shares of Broadridge Financial Solutions in a research note on Tuesday, February 3rd. Finally, DA Davidson reissued a “buy” rating and issued a $228.00 price target on shares of Broadridge Financial Solutions in a report on Tuesday, February 10th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Broadridge Financial Solutions presently has an average rating of “Moderate Buy” and an average target price of $247.71.

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.