There have been several developments around
Broadridge Financial Solutions, Inc. (BR) recently. It saw a variety of investment firms increasing or reducing their stake, confirming sustained investor interest. Notably,
Toronto Dominion Bank,
Price T Rowe Associates Inc. MD, and
Norden Group LLC increased their positions, while companies such as
Advisory Services Network LLC and
Russell Investments Group Ltd. trimmed their holdings.
CreativeOne Wealth LLC and
Canada Pension Plan Investment Board made new investments in the company & BR's third-quarter earnings missed expectations. However,
Broadridge maintains an average analyst rating of 'Hold' and has a consensus target price of $206.67. The company's stock recently achieved a new one-year high. From a corporate standpoint,
Broadridge has announced a set schedule for their next webcast and conference, and the hire of Frank Troise to lead the Trading Solutions Business. Moreover, the
firm is also enhancing its securities finance services in partnership with
AmInvestment Bank to increase client value. Besides, Broadridge is progressing with acquisitions; it recently purchased
AdvisorTarget and is also expanding its disclosure capabilities.
Broadridge Financial Solutions BR News Analytics from Thu, 15 Sep 2022 07:00:00 GMT to Sun, 28 Jul 2024 22:55:55 GMT -
Rating 5
- Innovation 0
- Information 7
- Rumor 5
