SBI Okasan Asset Management Co.Ltd. Makes New $1.36 Million Investment in Broadridge Financial Solutions, Inc. $BR

SBI Okasan Asset Management Co.Ltd. acquired a new stake in Broadridge Financial Solutions, Inc. (NYSE:BR) in the fourth quarter, Holdings Channel.com reports. The fund acquired 6,000 shares of the business services provider’s stock, valued at approximately $1,364,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BR. Guerra Advisors Inc purchased a new stake in Broadridge Financial Solutions during the 3rd quarter worth about $29,000. WPG Advisers LLC lifted its holdings in Broadridge Financial Solutions by 77.5% during the 4th quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock worth $32,000 after buying an additional 62 shares during the last quarter. Lodestone Wealth Management LLC purchased a new stake in Broadridge Financial Solutions during the 4th quarter worth about $39,000. Fulcrum Asset Management LLP purchased a new stake in Broadridge Financial Solutions during the 3rd quarter worth about $47,000. Finally, Osterweis Capital Management Inc. purchased a new stake in Broadridge Financial Solutions during the 2nd quarter worth about $48,000. 90.03% of the stock is currently owned by hedge funds and other institutional investors.

Broadridge Financial Solutions Stock Up 1.7%

BR opened at $149.61 on Friday. The business’s 50-day simple moving average is $156.90 and its 200-day simple moving average is $190.25. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.94 and a current ratio of 0.94. Broadridge Financial Solutions, Inc. has a one year low of $139.79 and a one year high of $271.91. The stock has a market capitalization of $17.30 billion, a P/E ratio of 16.02 and a beta of 0.89.

Broadridge Financial Solutions (NYSE:BR) last posted its 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. Broadridge Financial Solutions had a return on equity of 40.14% and a net margin of 15.03%.The business had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.90 billion. During the same quarter in the previous year, the firm earned $2.44 earnings per share. The business’s revenue was up 7.8% compared to the same quarter last year. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. Analysts anticipate that Broadridge Financial Solutions, Inc. will post 9.55 EPS for the current year.

Broadridge Financial Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Friday, June 12th will be given a dividend of $0.975 per share. The ex-dividend date is Friday, June 12th. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.6%. Broadridge Financial Solutions’s payout ratio is 41.76%.

Insider Activity at Broadridge Financial Solutions

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

Analyst Ratings Changes

A number of analysts have issued reports on BR shares. Royal Bank Of Canada decreased their price target on Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Needham & Company LLC decreased their price target on Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating for the company in a report on Friday, May 1st. JPMorgan Chase & Co. decreased their price target 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. UBS Group decreased their price target on Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Finally, Wall Street Zen downgraded Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.