Bank Julius Baer & Co. Ltd Zurich Has $3.63 Million Holdings in Broadridge Financial Solutions, Inc. $BR

Bank Julius Baer & Co. Ltd Zurich cut its stake in Broadridge Financial Solutions, Inc. (NYSE:BR) by 21.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 16,124 shares of the business services provider’s stock after selling 4,495 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in Broadridge Financial Solutions were worth $3,629,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Independent Advisor Alliance raised its holdings in shares of Broadridge Financial Solutions by 1.9% in the 4th quarter. Independent Advisor Alliance now owns 17,996 shares of the business services provider’s stock worth $4,016,000 after buying an additional 332 shares in the last quarter. World Investment Advisors raised its holdings in shares of Broadridge Financial Solutions by 115.2% in the 4th quarter. World Investment Advisors now owns 5,098 shares of the business services provider’s stock worth $1,110,000 after buying an additional 2,729 shares in the last quarter. Argos Wealth Advisors LLC acquired a new position in shares of Broadridge Financial Solutions in the 4th quarter worth approximately $432,000. AG2R LA Mondiale Gestion D Actifs raised its holdings in shares of Broadridge Financial Solutions by 6.3% in the 4th quarter. AG2R LA Mondiale Gestion D Actifs now owns 5,093 shares of the business services provider’s stock worth $1,137,000 after buying an additional 300 shares in the last quarter. Finally, Mirabaud Asset Management Ltd raised its holdings in shares of Broadridge Financial Solutions by 47.2% in the 4th quarter. Mirabaud Asset Management Ltd now owns 8,607 shares of the business services provider’s stock worth $2,079,000 after buying an additional 2,758 shares in the last quarter. 90.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BR has been the subject of a number of recent research reports. JPMorgan Chase & Co. dropped their target price on Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating for the company in a report on Wednesday, February 4th. Raymond James Financial restated an “outperform” rating and set a $257.00 price target on shares of Broadridge Financial Solutions in a research report on Tuesday, February 3rd. Wall Street Zen lowered Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Royal Bank Of Canada decreased their price target on Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. Finally, DA Davidson decreased their price target 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. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Broadridge Financial Solutions has a consensus rating of “Moderate Buy” and a consensus price target of $221.57.

Broadridge Financial Solutions Stock Up 1.6%

NYSE BR opened at $145.69 on Friday. The firm has a market cap of $16.85 billion, a PE ratio of 15.60 and a beta of 0.89. Broadridge Financial Solutions, Inc. has a one year low of $139.79 and a one year high of $271.91. The stock’s 50 day simple moving average is $163.20 and its 200 day simple moving average is $195.07. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.94 and a quick ratio of 0.94.

Broadridge Financial Solutions (NYSE:BR) last released its quarterly earnings results on Thursday, April 30th. The business services provider reported $2.72 EPS for the quarter, topping analysts’ consensus estimates of $2.63 by $0.09. The business had revenue of $1.95 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the company earned $2.44 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. As a group, sell-side analysts forecast that Broadridge Financial Solutions, Inc. will post 9.55 earnings per share for the current fiscal year.

Broadridge Financial Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Monday, March 16th were given a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Monday, March 16th. Broadridge Financial Solutions’s dividend payout ratio (DPR) is presently 41.76%.

Insider Buying and Selling

In other news, CEO Timothy C. Gokey acquired 5,300 shares of the firm’s stock in a transaction on Friday, March 6th. The shares were purchased at an average cost of $194.49 per share, for a total transaction of $1,030,797.00. Following the transaction, the chief executive officer owned 142,876 shares of the company’s stock, valued at approximately $27,787,953.24. This represents a 3.85% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.10% of the company’s stock.

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.