USS Investment Management Ltd Raises Holdings in Broadridge Financial Solutions, Inc. $BR

USS Investment Management Ltd grew its position in Broadridge Financial Solutions, Inc. (NYSE:BR) by 32.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,820 shares of the business services provider’s stock after buying an additional 7,050 shares during the quarter. USS Investment Management Ltd’s holdings in Broadridge Financial Solutions were worth $4,682,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in BR. State Street Corp lifted its stake in Broadridge Financial Solutions by 6.7% in the fourth quarter. State Street Corp now owns 5,994,841 shares of the business services provider’s stock worth $1,343,572,000 after acquiring an additional 375,699 shares during the period. Alliancebernstein L.P. grew its holdings in Broadridge Financial Solutions by 692.3% during the 3rd quarter. Alliancebernstein L.P. now owns 3,690,705 shares of the business services provider’s stock worth $879,015,000 after acquiring an additional 3,224,891 shares in the last quarter. Geode Capital Management LLC increased its position in Broadridge Financial Solutions by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 3,354,869 shares of the business services provider’s stock valued at $746,062,000 after purchasing an additional 12,524 shares during the period. Barclays PLC increased its position in Broadridge Financial Solutions by 1.8% during the 4th quarter. Barclays PLC now owns 2,007,968 shares of the business services provider’s stock valued at $448,118,000 after purchasing an additional 35,169 shares during the period. Finally, Northern Trust Corp raised its holdings in shares of Broadridge Financial Solutions by 6.6% in the 3rd quarter. Northern Trust Corp now owns 1,711,824 shares of the business services provider’s stock valued at $407,705,000 after purchasing an additional 105,696 shares in the last quarter. Institutional investors own 90.03% of the company’s stock.

Broadridge Financial Solutions Stock Performance

BR stock opened at $143.88 on Friday. Broadridge Financial Solutions, Inc. has a one year low of $133.83 and a one year high of $271.91. The firm has a market cap of $16.64 billion, a price-to-earnings ratio of 15.40 and a beta of 0.89. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.94 and a current ratio of 0.94. The firm has a 50-day simple moving average of $147.85 and a two-hundred day simple moving average of $175.67.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings data on Thursday, April 30th. The business services provider reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $0.09. The firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.90 billion. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.44 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. On average, equities analysts forecast that Broadridge Financial Solutions, Inc. will post 9.55 EPS for the current fiscal year.

Broadridge Financial Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 12th were paid a $0.975 dividend. This represents a $3.90 annualized dividend and a yield of 2.7%. The ex-dividend date was Friday, June 12th. Broadridge Financial Solutions’s dividend payout ratio (DPR) is 41.76%.

Analyst Ratings Changes

Several brokerages have recently weighed in on BR. Weiss Ratings cut shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Needham & Company LLC reduced their price objective on shares of Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, May 1st. UBS Group lowered their target price on Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating for the company in a report on Monday, May 4th. DA Davidson dropped their target price on Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating on the stock in a research report on Tuesday, May 5th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $200.00 price target on shares of Broadridge Financial Solutions in a report on Monday, June 22nd. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $221.57.

Insider Transactions at Broadridge Financial Solutions

In other news, insider Hope M. Jarkowski sold 1,966 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $155.00, for a total transaction of $304,730.00. Following the transaction, the insider directly owned 1 shares of the company’s stock, valued at approximately $155. This represents a 99.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.10% of the company’s stock.

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.