UNIVEST FINANCIAL Corp Takes Position in Broadridge Financial Solutions, Inc. $BR

UNIVEST FINANCIAL Corp bought a new stake in Broadridge Financial Solutions, Inc. (NYSE:BR) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 50,636 shares of the business services provider’s stock, valued at approximately $8,227,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BR. Reflection Asset Management acquired a new stake in Broadridge Financial Solutions during the 4th quarter worth about $25,000. Nemes Rush Group LLC acquired a new position in shares of Broadridge Financial Solutions in the fourth quarter valued at about $27,000. Prosperity Bancshares Inc acquired a new position in shares of Broadridge Financial Solutions in the fourth quarter valued at about $28,000. WPG Advisers LLC raised its stake in shares of Broadridge Financial Solutions by 77.5% in the fourth quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock worth $32,000 after purchasing an additional 62 shares during the last quarter. Finally, Evolution Wealth Management Inc. purchased a new position in shares of Broadridge Financial Solutions in the first quarter worth about $36,000. Hedge funds and other institutional investors own 90.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on BR shares. Needham & Company LLC dropped their target price on Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Royal Bank Of Canada reissued an “outperform” rating and set a $200.00 price target on shares of Broadridge Financial Solutions in a research report on Monday, June 22nd. DA Davidson decreased their price objective on shares of Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating for the company in a research note on Tuesday, May 5th. UBS Group dropped their price objective on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Finally, Weiss Ratings lowered shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Four 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.com, the company has a consensus rating of “Moderate Buy” and an average target price of $221.57.

Insider Buying and Selling at Broadridge Financial Solutions

In related news, insider Hope M. Jarkowski sold 1,966 shares of Broadridge Financial Solutions stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $155.00, for a total value of $304,730.00. Following the completion of the transaction, the insider owned 1 shares in the company, valued at $155. The trade was a 99.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.10% of the stock is currently owned by corporate insiders.

Broadridge Financial Solutions Stock Performance

Shares of BR traded up $0.04 during mid-day trading on Friday, reaching $147.36. The company had a trading volume of 797,151 shares, compared to its average volume of 1,553,429. The stock has a market capitalization of $17.04 billion, a P/E ratio of 15.78 and a beta of 0.89. Broadridge Financial Solutions, Inc. has a 52-week low of $133.83 and a 52-week high of $271.91. The stock has a 50 day moving average of $146.48 and a two-hundred day moving average of $172.63. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.97.

Broadridge Financial Solutions (NYSE:BR) last announced its quarterly earnings results on Thursday, April 30th. The business services provider reported $2.72 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.90 billion. During the same period last year, the business earned $2.44 earnings per share. Broadridge Financial Solutions’s quarterly revenue was up 7.8% on a year-over-year basis. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. On average, analysts expect that Broadridge Financial Solutions, Inc. will post 9.55 earnings per share for the current year.

Broadridge Financial Solutions Dividend Announcement

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

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.