Broadridge Financial Solutions (BR) has been under focus in the recent financial news. The company's Q3 earning met estimates while their revenues fell short. Various stakeholders including Savant Capital, Great valley Advisor Group, and Atria Wealth Solutions have been increasing their stakes in the company. On the other hand, Swiss National Bank and Retirement Systems of Alabama have been selling shares of Broadridge. The financial results also indicated an up and down scenario with some reports suggesting earnings exceeding expectations, while others indicated a dip in the fiscal Q3 earnings. Despite this, the company was reportedly still seen as a strong growth stock. The financial solution provider has also been under scrutiny for use of capital, with some voicing unease over returns. Yet, the overall long-term prospects seemed to charm the market, with Long-Term buyouts and solid business model as major growth factors. Additionally, First Trust Direct Indexing, International Assets Investment Management and Global Retirement Partners have boosted their stakes in Broadridge.
Broadridge Financial Solutions BR News Analytics from Wed, 01 Nov 2023 07:00:00 GMT to Thu, 09 May 2024 16:12:05 GMT -
Rating -2
- Innovation 6
- Information 8
- Rumor -7
