Broadridge Financial Solutions (BR) continues to be a top momentum stock with steady performance, putting it on various watchlists. Several instances of stock purchases, as well as stock sales, have been observed amongst institutional investors and insiders, suggesting active dynamics within the market. Blue-Chip status and growing dividends have strengthened its position. The company’s Q4 earnings surpassed estimates, and it registered an impressive ROE of 31%. The firm boosted its dividend by 10% and sold at a new 52-week high following solid earnings. Broadridge has also acquired AdvisorTarget to expand its digital distribution capabilities and announced CFO transition. In terms of advancements, Broadridge has expanded its disclosure capabilities with SEC filings and elevated engagement through the introduction of a new investor insights solution. Their FY25 earnings guidance has been updated with an optimistic outlook, and the company consistently surpasses earnings estimates. Despite this, some reports suggest possible issues with the allocation of capital.
Broadridge Financial Solutions BR News Analytics from Thu, 01 Feb 2024 08:00:00 GMT to Sun, 18 Aug 2024 16:36:14 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor 4
