The market has been actively engaged with Broadridge Financial Solutions (BR) showcasing both buying and selling actions. Institutions like Focus Partners Wealth, Millennium Management, Goldman Sachs Group, UBS Asset Management, and Royal Bank of Canada have liquidated the BR stock, while others such as United Services Automobile Association, Caxton Associates, Teza Capital Management, Alliancebernstein, and Wellington Management Group have added it to their portfolios.
BR's strong financial performance and momentum is backed by its strategic digital innovation and partnerships, attracting long-term investors. The firm recently ranked third on the 2025 IDC FinTech Rankings and won the Capital Market Transformation Award for its achievements. Moreover, BR stock is reported to have provided a satisfying return of 104% over the past five years.
In an appealing move, BR increased its dividend payout and acquired iJoin to enhance its retirement plan tech solutions. Its digital communication expansion has been accelerated through the acquisition of Signal, improving its offering. In terms of financing, BR has secured a credit agreement worth $750M with JPMorgan. Finally, analysts predict a promising future for BR, putting the stock's average price target at $261.50.
Broadridge Financial Solutions BR News Analytics from Fri, 31 Jan 2025 08:00:00 GMT to Sat, 13 Sep 2025 11:50:18 GMT - Rating 7 - Innovation 2 - Information 6 - Rumor -8
