Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Sells 4,362 Shares of Broadridge Financial Solutions, Inc. $BR

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lessened its position in Broadridge Financial Solutions, Inc. (NYSE:BR) by 1.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 254,093 shares of the business services provider’s stock after selling 4,362 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Broadridge Financial Solutions were worth $58,975,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in BR. NewSquare Capital LLC grew its stake in Broadridge Financial Solutions by 89.5% during the second quarter. NewSquare Capital LLC now owns 108 shares of the business services provider’s stock worth $26,000 after buying an additional 51 shares during the last quarter. ORG Partners LLC grew its position in Broadridge Financial Solutions by 360.0% during the 2nd quarter. ORG Partners LLC now owns 115 shares of the business services provider’s stock worth $28,000 after acquiring an additional 90 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its position in Broadridge Financial Solutions by 85.1% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 124 shares of the business services provider’s stock worth $30,000 after acquiring an additional 57 shares during the last quarter. Bank of Jackson Hole Trust increased its holdings in Broadridge Financial Solutions by 110.3% during the 2nd quarter. Bank of Jackson Hole Trust now owns 122 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 64 shares in the last quarter. Finally, REAP Financial Group LLC raised its position in Broadridge Financial Solutions by 59.1% in the 2nd quarter. REAP Financial Group LLC now owns 148 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 55 shares during the last quarter. 90.03% of the stock is owned by institutional investors.

Broadridge Financial Solutions Price Performance

BR opened at $223.21 on Monday. The company has a fifty day moving average price of $225.76 and a two-hundred day moving average price of $237.77. The firm has a market capitalization of $26.05 billion, a PE ratio of 28.58 and a beta of 0.99. Broadridge Financial Solutions, Inc. has a 52 week low of $212.33 and a 52 week high of $271.91. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.93 and a current ratio of 0.93.

Broadridge Financial Solutions (NYSE:BR) last posted its quarterly earnings results on Thursday, March 3rd. The business services provider reported $0.73 earnings per share (EPS) for the quarter. The business had revenue of $1.05 billion for the quarter. Broadridge Financial Solutions had a return on equity of 43.28% and a net margin of 13.11%.Broadridge Financial Solutions has set its FY 2026 guidance at 9.230-9.580 EPS. As a group, analysts anticipate that Broadridge Financial Solutions, Inc. will post 8.53 earnings per share for the current year.

Broadridge Financial Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, January 5th. Investors of record on Friday, December 12th were given a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Friday, December 12th. Broadridge Financial Solutions’s dividend payout ratio (DPR) is currently 49.94%.

Wall Street Analyst Weigh In

BR has been the topic of several research analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Broadridge Financial Solutions in a report on Monday, December 29th. Wall Street Zen raised shares of Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Morgan Stanley dropped their target price on shares of Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 5th. UBS Group decreased their price target on shares of Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating on the stock in a research note on Thursday, November 13th. Finally, DA Davidson restated a “neutral” rating and issued a $240.00 price objective on shares of Broadridge Financial Solutions in a research report on Tuesday, October 28th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $259.83.

Insider Activity at Broadridge Financial Solutions

In other news, President Christopher John Perry sold 3,984 shares of Broadridge Financial Solutions stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $226.00, for a total transaction of $900,384.00. Following the transaction, the president directly owned 44,829 shares of the company’s stock, valued at $10,131,354. This trade represents a 8.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Thomas P. Carey sold 10,214 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $229.26, for a total value of $2,341,661.64. Following the sale, the vice president directly owned 6,026 shares in the company, valued at $1,381,520.76. The trade was a 62.89% decrease in their position. The SEC filing for this sale provides additional information. 1.10% of the stock is owned by company insiders.

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.