Broadridge
About: Broadridge Financial Solutions, which was spun off from Automatic Data Processing in 2007, is a leading provider of investor communications and technology-driven solutions to banks, broker/dealers, traditional and alternative-asset managers, wealth managers, and corporate issuers. Broadridge is composed of two segments: investor communication solutions and global technology and operations.
Employees: 14,600
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
470% more call options, than puts
Call options by funds: $37.1M | Put options by funds: $6.51M
191% more first-time investments, than exits
New positions opened: 137 | Existing positions closed: 47
9% more funds holding
Funds holding: 914 [Q2] → 993 (+79) [Q3]
3% more repeat investments, than reductions
Existing positions increased: 354 | Existing positions reduced: 345
1% more capital invested
Capital invested by funds: $22.1B [Q2] → $22.4B (+$272M) [Q3]
5.62% less ownership
Funds ownership: 95.03% [Q2] → 89.41% (-5.62%) [Q3]
14% less funds holding in top 10
Funds holding in top 10: 7 [Q2] → 6 (-1) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$207
10%
downside
Avg. target
$230
0%
upside
High target
$250
9%
upside
4 analyst ratings
1 positive
25%
3 neutral
75%
0 negative
0%
DA Davidson Peter Heckmann 74% 1-year accuracy 35 / 47 met price target | 7%downside $215 | Neutral Maintained | 10 Dec 2024 |
UBS Alex Kramm 77% 1-year accuracy 10 / 13 met price target | 9%upside $250 | Neutral Initiated | 21 Nov 2024 |
RBC Capital Daniel Perlin 85% 1-year accuracy 45 / 53 met price target | 7%upside $246 | Outperform Reiterated | 6 Nov 2024 |
Morgan Stanley James Faucette 59% 1-year accuracy 16 / 27 met price target | 10%downside $207 | Equal-Weight Maintained | 6 Nov 2024 |
Financial journalist opinion
Based on 4 articles about BR published over the past 30 days
Positive
Zacks Investment Research
6 hours ago
Why Broadridge Financial Solutions (BR) is a Top Stock for the Long-Term
Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.
Neutral
PRNewsWire
4 days ago
Broadridge Schedules Webcast and Conference Call to Review Second Quarter Fiscal Year 2025 Results on January 31, 2025
NEW YORK , Jan. 16, 2025 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) is scheduled to release its financial results for the second quarter of fiscal year 2025 on Friday, January 31, 2025. Broadridge will host a webcast and conference call to discuss those results at 8:30 a.m.
Neutral
PRNewsWire
4 days ago
Broadridge Enhances Multi-Asset Post Trade Processing with GenAI-Powered Analytics
NEW YORK and LONDON and TOYKO, Jan. 16, 2025 /PRNewswire/ -- To better streamline multi-asset post-trade processing and operational reporting, Broadridge Financial Solutions Inc. (NYSE: BR), a global Fintech leader, today announced it added an GenAI-powered advanced analytics feature to its platform. A key component of the Broadridge's OpsGPT ® application, this new GenAI-powered functionality enables users to generate insights and visualizations directly from their trade data using natural language, eliminating the need for data migration.
Positive
Zacks Investment Research
1 week ago
Earnings Growth & Price Strength Make Broadridge Financial Solutions (BR) a Stock to Watch
The Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
Neutral
PRNewsWire
1 month ago
Broadridge Collaboration with CCRI Expands ClearFi Platform, Adding Crypto Sustainability Data
Comprehensive solution for clients required to disclose sustainability metrics and generate whitepapers as per EU MiCA regulation NEW YORK , Dec. 18, 2024 /PRNewswire/ -- A new, pioneering collaboration between the Crypto Carbon Ratings Institute (CCRI), a leader in sustainability data on digital assets, and Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, will deliver an integrated communications, data, and disclosure generation platform to help companies operating in Europe, including exchanges, brokers and asset managers to meet new sustainability reporting requirements. This integration combines CCRI's trusted sustainability data with Broadridge's ClearFI digital asset information and disclosure platform, enabling financial services firms to demonstrate compliance with the European Union's (EU) Markets in Crypto-Assets (MiCA) regulations.
Neutral
PRNewsWire
1 month ago
Broadridge Appoints Ashima Ghei as Chief Financial Officer
NEW YORK , Dec. 16, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that the Broadridge Board of Directors has appointed Ashima Ghei as the Company's Chief Financial Officer (CFO), effectively immediately. Ghei has led Broadridge's global Finance team as Interim CFO since July 1, 2024, and has been instrumental in driving the company's financial strategy and execution forward in the first half of FY25.
Neutral
PRNewsWire
1 month ago
First Abu Dhabi Bank Chooses Broadridge to Build Global Agency Securities Finance Business
Expansion of securities finance within the UAE and broader Middle East NEW YORK and ABU DHABI, UAE and LONDON , Dec. 11, 2024 /PRNewswire/ -- To drive expansion of Securities Lending in the UAE and wider Middle East, First Abu Dhabi Bank (FAB) has chosen global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR), to support the build out of its global agency securities finance business. This collaboration marks a significant milestone in the expansion of securities finance within the UAE and the broader Middle East region.
Neutral
PRNewsWire
1 month ago
Everest Group Positions Broadridge in the Highest Leader Position in Market Impact and as a Star Performer in Wealth Management Products PEAK Matrix® Assessment 2024
Everest Group PEAK Matrix® highlights Broadridge's relative market success and overall capability of technology based on performance, experiences, ability, and knowledge NEW YORK , Dec. 10, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announces its recognition as the highest-designated Leader in Market Impact and a Star Performer in wealth management for the second year in a row by independent research firm Everest Group in their 2024 Wealth Management Products PEAK Matrix® Assessment. "Broadridge's continuous investments in its wealth platform enable it to deliver better customer insights, enhanced engagement with clients, and more collaborative business opportunities," says Kriti Gupta, Practice Director, Everest Group.
Neutral
PRNewsWire
1 month ago
Broadridge Announces First-of-its-Kind AI-Powered Algorithm Insights Service
NEW YORK , Dec. 9, 2024 /PRNewswire/ -- To transform the landscape of algorithmic trading, global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced the launch of an innovative AI-powered algorithm insights service for NYFIX. Driven by real-time liquidity mapping, the service is designed to empower asset managers, hedge funds, and other buy-side firms to achieve unprecedented accuracy, seamless workflow integration, and proven cost-efficiency.
Neutral
Zacks Investment Research
1 month ago
Broadridge Financial (BR) Up 6.1% Since Last Earnings Report: Can It Continue?
Broadridge Financial (BR) reported earnings 30 days ago. What's next for the stock?
Charts implemented using Lightweight Charts™