Broadridge Financial Solutions, Inc. (NYSE:BR) has seen notable action in recent days, including stock purchases by Norden Group LLC and the Swiss National Bank, while others like SG Americas Securities LLC, Envestnet Portfolio Solutions Inc., and BI Asset Management Fondsmaeglerselskab have grown their holdings. Share movement has been a key focus, sparking questions regarding share price activity. On the upside, Broadridge has expanded disclosure capabilities and was even upgraded to 'Buy' by StockNews.com. New investments and increased stake holdings were also seen from entities like Brookstone Capital Management and LVW Advisors LLC as well as organizations like the Texas Permanent School Fund Corp and BNP Paribas Financial Markets. Also noteworthy is Broadridge's recent acquisition of AdvisorTarget, aimed at expanding its digital capabilities. In terms of performance, Q2 and Q3 fiscal 2024 reports show some misses in earnings expectations while others affirm their bullish outlook. A SWOT analysis highlighted opportunities for the company, and Broadridge found itself on Ensemble Capital’s detractor list. One focal point has been Broadridge's use of debt, which appears to be quite sensibly managed.
Broadridge Financial Solutions BR News Analytics from Tue, 08 Aug 2023 07:00:00 GMT to Sun, 14 Jul 2024 18:27:58 GMT -
Rating 7
- Innovation 8
- Information 6
- Rumor -2
