Broadridge Financial Solutions Inc. (NYSE:BR) Director Stuart R. Levine sold 8,170 shares of the company’s stock in a transaction on Friday, November 18th. The shares were sold at an average price of $64.98, for a total transaction of $530,886.60. Following the completion of the sale, the director now owns 35,130 shares of the company’s stock, valued at approximately $2,282,747.40. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of Broadridge Financial Solutions Inc. (NYSE:BR) traded up 0.25% during trading on Monday, reaching $65.32. 148,586 shares of the company’s stock were exchanged. The stock has a market capitalization of $7.78 billion, a PE ratio of 25.82 and a beta of 1.10. Broadridge Financial Solutions Inc. has a 52 week low of $48.56 and a 52 week high of $71.74. The company’s 50-day moving average is $64.69 and its 200 day moving average is $65.83.

Broadridge Financial Solutions (NYSE:BR) last released its quarterly earnings results on Wednesday, November 9th. The company reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by $0.02. Broadridge Financial Solutions had a return on equity of 34.10% and a net margin of 9.62%. The company had revenue of $895 million for the quarter, compared to analyst estimates of $880.41 million. During the same period in the previous year, the business posted $0.33 EPS. The firm’s quarterly revenue was up 50.4% compared to the same quarter last year. On average, analysts forecast that Broadridge Financial Solutions Inc. will post $3.12 earnings per share for the current year.

Insider Buying and Selling by Quarter for Broadridge Financial Solutions (NYSE:BR)

BR has been the subject of several research reports. Zacks Investment Research downgraded shares of Broadridge Financial Solutions from a “hold” rating to a “sell” rating in a research report on Monday, October 3rd. Sandler O’Neill downgraded shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating and set a $74.00 price target for the company. in a research report on Thursday, September 29th. Barclays PLC upped their price objective on shares of Broadridge Financial Solutions from $67.00 to $69.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 10th. Finally, Atlantic Securities assumed coverage on shares of Broadridge Financial Solutions in a research report on Tuesday, September 13th. They set an “overweight” rating and a $82.00 price objective for the company. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. Broadridge Financial Solutions currently has a consensus rating of “Hold” and a consensus price target of $72.60.

Several hedge funds have recently added to or reduced their stakes in BR. Janus Capital Management LLC increased its stake in Broadridge Financial Solutions by 4.7% in the second quarter. Janus Capital Management LLC now owns 7,114,116 shares of the company’s stock worth $463,840,000 after buying an additional 318,483 shares during the last quarter. BlackRock Fund Advisors increased its stake in Broadridge Financial Solutions by 3.8% in the third quarter. BlackRock Fund Advisors now owns 5,710,381 shares of the company’s stock worth $387,107,000 after buying an additional 207,437 shares during the last quarter. State Street Corp increased its stake in Broadridge Financial Solutions by 17.8% in the second quarter. State Street Corp now owns 4,019,705 shares of the company’s stock worth $262,087,000 after buying an additional 606,293 shares during the last quarter. BlackRock Institutional Trust Company N.A. increased its stake in Broadridge Financial Solutions by 6.8% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 4,019,235 shares of the company’s stock worth $262,054,000 after buying an additional 254,481 shares during the last quarter. Finally, Atlanta Capital Management Co. L L C increased its position in Broadridge Financial Solutions by 13.5% in the second quarter. Atlanta Capital Management Co. L L C now owns 2,623,214 shares of the company’s stock worth $171,034,000 after buying an additional 311,002 shares in the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Broadridge Financial Solutions Company Profile

Broadridge Financial Solutions, Inc (Broadridge) is a provider of investor communications and technology-driven solutions to banks, broker-dealers, mutual funds and corporate issuers. The Company’s segments include Investor Communication Solutions, and Global Technology and Operations. The Company offers Bank/Broker-Dealer Investor Communication Solutions, Customer Communication Solutions, Corporate Issuer Solutions, Advisor Solutions and Mutual Fund and Retirement Solutions through Investor Communication Solutions segment.

5 Day Chart for NYSE:BR

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