Counterpoint Mutual Funds LLC Takes Position in Broadridge Financial Solutions, Inc. $BR

Counterpoint Mutual Funds LLC acquired a new stake in Broadridge Financial Solutions, Inc. (NYSE:BR) during the first quarter, Holdings Channel.com reports. The firm acquired 25,917 shares of the business services provider’s stock, valued at approximately $4,211,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Reflection Asset Management bought a new stake in Broadridge Financial Solutions during the fourth quarter worth approximately $25,000. Nemes Rush Group LLC acquired a new position in Broadridge Financial Solutions during the fourth quarter valued at approximately $27,000. Prosperity Bancshares Inc bought a new position in shares of Broadridge Financial Solutions in the fourth quarter valued at approximately $28,000. WPG Advisers LLC raised its position in shares of Broadridge Financial Solutions by 77.5% in the fourth quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 62 shares during the period. Finally, DV Equities LLC acquired a new stake in shares of Broadridge Financial Solutions in the fourth quarter worth $37,000. 90.03% of the stock is currently owned by institutional investors and hedge funds.

Broadridge Financial Solutions Stock Performance

Shares of NYSE BR opened at $143.88 on Friday. Broadridge Financial Solutions, Inc. has a 12 month low of $133.83 and a 12 month high of $271.91. The company has a market cap of $16.64 billion, a P/E ratio of 15.40 and a beta of 0.89. The business’s 50 day moving average is $147.53 and its two-hundred day moving average is $175.44. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.97.

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

Broadridge Financial Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Friday, June 12th were paid a dividend of $0.975 per share. 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 is presently 41.76%.

Insiders Place Their Bets

In other Broadridge Financial Solutions news, insider Hope M. Jarkowski sold 1,966 shares of the firm’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $155.00, for a total value of $304,730.00. Following the sale, the insider directly owned 1 shares in the company, valued at $155. This trade represents a 99.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.10% of the stock is currently owned by company insiders.

Analyst Ratings Changes

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

Broadridge Financial Solutions 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.