Abacus FCF Advisors LLC Invests $15.03 Million in Broadridge Financial Solutions, Inc. $BR

Abacus FCF Advisors LLC acquired a new position in shares of Broadridge Financial Solutions, Inc. (NYSE:BR - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 67,329 shares of the business services provider's stock, valued at approximately $15,026,000. Broadridge Financial Solutions makes up approximately 2.0% of Abacus FCF Advisors LLC's portfolio, making the stock its 17th largest holding. Abacus FCF Advisors LLC owned about 0.06% of Broadridge Financial Solutions as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC acquired a new position in Broadridge Financial Solutions during the fourth quarter worth $580,000. Empowered Funds LLC increased its holdings in shares of Broadridge Financial Solutions by 41.5% during the 1st quarter. Empowered Funds LLC now owns 3,957 shares of the business services provider's stock valued at $959,000 after acquiring an additional 1,160 shares during the last quarter. Woodline Partners LP raised its stake in shares of Broadridge Financial Solutions by 6.9% in the 1st quarter. Woodline Partners LP now owns 9,886 shares of the business services provider's stock valued at $2,397,000 after acquiring an additional 635 shares in the last quarter. Acadian Asset Management LLC raised its stake in shares of Broadridge Financial Solutions by 480.8% in the 1st quarter. Acadian Asset Management LLC now owns 2,544 shares of the business services provider's stock valued at $616,000 after acquiring an additional 2,106 shares in the last quarter. Finally, Cerity Partners LLC raised its position in shares of Broadridge Financial Solutions by 8.5% in the second quarter. Cerity Partners LLC now owns 25,523 shares of the business services provider's stock valued at $6,203,000 after purchasing an additional 2,004 shares during the period. Institutional investors and hedge funds own 90.03% of the company's stock.

Broadridge Financial Solutions Trading Down 0.6%

BR stock opened at $154.97 on Friday. Broadridge Financial Solutions, Inc. has a 1-year low of $150.10 and a 1-year high of $271.91. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.93. The business's 50 day moving average is $170.65 and its 200-day moving average is $202.41. The firm has a market cap of $18.09 billion, a P/E ratio of 17.16 and a beta of 1.01.

Broadridge Financial Solutions (NYSE:BR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The business services provider reported $1.59 EPS for the quarter, beating the consensus estimate of $1.34 by $0.25. Broadridge Financial Solutions had a return on equity of 40.70% and a net margin of 14.86%.The business had revenue of $1.71 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same quarter in the previous year, the firm earned $1.56 EPS. Broadridge Financial Solutions's quarterly revenue was up 7.9% on a year-over-year basis. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. Equities analysts anticipate that Broadridge Financial Solutions, Inc. will post 9.46 earnings per share for the current fiscal year.

Broadridge Financial Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Monday, March 16th were given a $0.975 dividend. The ex-dividend date was Monday, March 16th. This represents a $3.90 dividend on an annualized basis and a yield of 2.5%. Broadridge Financial Solutions's payout ratio is 43.19%.

Insider Activity at Broadridge Financial Solutions

In other news, Director Robert N. Duelks sold 253 shares of Broadridge Financial Solutions stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $192.60, for a total value of $48,727.80. Following the completion of the transaction, the director owned 20,815 shares in the company, valued at approximately $4,008,969. The trade was a 1.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Timothy C. Gokey acquired 5,300 shares of the business's stock in a transaction on Friday, March 6th. The stock was acquired at an average price of $194.49 per share, with a total value of $1,030,797.00. Following the transaction, the chief executive officer owned 142,876 shares in the company, valued at approximately $27,787,953.24. The trade was a 3.85% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.10% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on BR. DA Davidson reaffirmed a "buy" rating and set a $228.00 price objective on shares of Broadridge Financial Solutions in a report on Wednesday. Weiss Ratings downgraded Broadridge Financial Solutions from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, February 6th. Raymond James Financial reaffirmed an "outperform" rating and issued a $257.00 target price on shares of Broadridge Financial Solutions in a report on Tuesday, February 3rd. JPMorgan Chase & Co. dropped their price target on Broadridge Financial Solutions from $273.00 to $229.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 4th. Finally, Wall Street Zen downgraded shares of Broadridge Financial Solutions from a "buy" rating to a "hold" rating in a report on Saturday, February 7th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $247.71.

Broadridge Financial Solutions Company 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.

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