Broadridge Financial Solutions Inc. (BR) has seen significant activity related to share holdings over recent weeks. Major investors, including the
Bank of Nova Scotia, have acquired further shares, while others like
Norges Bank have also increased their stake significantly. However, entities like
Jensen Investment Management Inc., and
Kingsview Wealth Management LLC have reduced their holdings. BR has seen both growth and struggle in the face of investor uncertainty, with some, including
Orion Portfolio Solutions LLC and
Advisory Services Network LLC, cutting shares. Yet there are also firm future estimates for its
Q1/Q2/Q3 earnings, with some top estimates being exceeded. BR recently expanded capabilities by acquiring
AdvisorTarget, which enhances engagement between issuers and investors. The company's earnings and revenues have not gone unnoticed by investors, and measures have shown that the company's debt usage is fairly sensible. Despite some insider selling, general outlook for Broadridge Financial is strong, making it a top stock for the long-term.
Broadridge Financial Solutions BR News Analytics from Tue, 08 Aug 2023 07:00:00 GMT to Sun, 02 Jun 2024 14:52:01 GMT -
Rating 4
- Innovation 5
- Information 7
- Rumor -2