Broadridge Financial Solutions (BR) has been in the news for a selection of events recently. Their CEO
Timothy Gokey and President
Christopher John Perry both sold shares, casting a modest shadow over the company. However, BR has increased its yearly
dividend payout and has got a new price target of $225 set by JPMorgan Chase & Co. The company continues to expand, acquiring
AdvisorTarget and expanding its disclosure capabilities to assist clients with
complex SEC filings. Their FY25 outlook predicts a 10% dividend increase. Their Q4 2024 earnings are beating estimates, contributing to Broadridge stock's surge in price, outperforming even the strong market growth and pricing. The company has also launched a new investor relations platform and announced a significant CFO transition. Despite some
executive stock sales, firms like Quotient Wealth Partners LLC and Baader Bank are seeing value, making considerable investments or implementing Broadridge's services and platforms. Various factors considered, Broadridge has demonstrated a notable ability to remain a robust player in the Financial Services sector.
Broadridge Financial Solutions BR News Analytics from Fri, 03 Nov 2023 07:00:00 GMT to Sat, 24 Aug 2024 18:36:54 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 6
