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Broadridge Financial Solutions (NYSE: BR) downgraded to C+ on TheStreet

Broadridge Monetary Options (New York Stock Exchange: BRGet the rating) TheStreet fairness researchers lowered its rankings from “b” to “c+” in a report launched on Wednesday. TheStreetRatingsTable experiences.

A number of different analysis analysts have additionally influenced BR. DA Davidson lowered its worth goal for Broadridge Monetary Options shares to $160.00 in a report launched on Thursday, October 27. StockNews.com Broadridge Monetary Options’ inventory protection started in a analysis observe on Wednesday, October twelfth. They put a “maintain” ranking on the corporate. Lastly, Raymond James reduce the value goal for Broadridge Monetary Options’ inventory from $189.00 to $180.00 and assigned the corporate a “superior” ranking in a analysis observe on Thursday.

Broadridge Monetary Options shares down 2.8%

stock It opened at $133.91 on Wednesday. The corporate’s 50-day easy transferring common is $154.22 and its 200-day easy transferring common is $151.84. The corporate has a market capitalization of $15.75 billion, a PE ratio of 29.43 and a beta of 0.93. Broadridge Monetary Options recorded a 12-month low of $132.40 and a 12-month excessive of $185.40. The corporate has a debt-to-equity ratio of 1.98, a buying and selling ratio of 1.01 and a fast ratio of 1.01.

Broadridge Monetary Options (New York Stock Exchange: BRGet the rating) final printed its quarterly earnings outcomes on Wednesday, November 2nd. The enterprise providers supplier reported earnings of $0.84 per share for the quarter, topping analysts’ consensus estimates of $0.88 ($0.04). Income was $1.28 billion for the earlier quarter, in comparison with analyst expectations of $1.26 billion. Broadridge Monetary Options had a return on fairness of 42.29% and a web margin of 9.44%. Enterprise income for the quarter elevated 7.6% yr over yr. Throughout the identical interval within the earlier yr, the corporate earned $1.07 EPS. Fairness analysts anticipate Broadridge Monetary Options to submit earnings of seven.05 per share for the present fiscal yr.

Insiders are inserting their bets

In different information from Broadridge Monetary Options, VP Thomas B Carrey He bought 16,703 shares of the corporate’s inventory in a transaction dated Monday, August fifteenth. The shares have been bought at a mean worth of $179.16, bringing the entire transaction to $2,992,509.48. Following the sale, the Vice President now instantly owns 12,902 shares within the firm, valued at $2,311,522.32. The transaction was disclosed in a authorized submitting with the Securities and Alternate Fee, which could be accessed via this link. In associated information, VP Thomas P. Carey bought 16,703 shares of the inventory in a transaction that came about on Monday, August fifteenth. The shares have been bought at a mean worth of $179.16, bringing the entire transaction to $2,992,509.48. Following the completion of the sale, the vp now instantly owns 12,902 shares of the corporate’s inventory, valued at $2,311,522.32. The transaction was disclosed in a doc filed with the Securities and Alternate Fee, which could be accessed via SEC . site. Additionally, chief Richard J. Daly He bought 72,983 shares of inventory in a transaction that came about on Friday, August twenty sixth. The shares have been bought at a mean worth of $175.35, bringing the entire transaction to $12,797.569.05. After the sale, the Chairman now owns 149,470 shares of the corporate’s inventory, valued at $25,104,859.50. Disclosure could be discovered on this sale over here. Up to now three months, insiders have bought 163,004 shares of the corporate’s inventory valued at $28,916,462. 1.60% of the shares are owned by company insiders.

Institutional Buyers Weigh in to Broadridge Monetary Options

Various institutional buyers and hedge funds have lately modified their holdings of shares. Artistic Planning raised its place in shares of Broadridge Monetary Options by 7.1% throughout the third quarter. Artistic Planning now owns 16,767 shares of the enterprise providers supplier’s inventory valued at $2,420,000 after buying a further 1,108 shares over the last quarter. The Households and Communities Enhancement Firm W.L.L. Its place in shares of Broadridge Monetary Options elevated by 10.1% throughout the third quarter. Strengthening Households & Communities LLC now owns 8,273 shares of the enterprise providers supplier’s inventory valued at $1,193,000 after buying a further 758 shares over the last quarter. Vestmark Advisory Options Inc. Its place is within the shares of Broadridge Monetary Options Inc. by 32.2% throughout the third quarter. Vestmark Advisory Options Inc. Now 5,512 shares of the enterprise providers supplier’s inventory are valued at $795,000 after buying a further 1,344 shares over the last quarter. International Retirement Companions LLC raised its place in shares of Broadridge Monetary Options by 99.8% throughout the third quarter. International Retirement Companions LLC now owns 823 shares of the enterprise providers supplier’s inventory valued at $124,000 after buying a further 411 shares over the last quarter. Lastly, Life Insurance coverage Producers raised its place in shares of Broadridge Monetary Options by 10.4% throughout the third quarter. Producers Life Insurance coverage Company now owns 88,045 shares of the enterprise providers supplier’s inventory valued at $12,707,000 after buying a further 8,298 shares over the last quarter. Institutional buyers and hedge funds personal 87.14% of the corporate’s inventory.

Broadridge Monetary Options Firm Profile

(Get the rating)

Broadridge Monetary Options Inc gives investor communications and technology-based options to the monetary providers business. The Firm’s Investor Communications Options division processes and distributes various supplies to inventory, fairness and mutual fund buyers, in addition to facilitates associated voting processing providers; It distributes regulatory reporting, class motion, reorganization occasion/company motion data, in addition to tax reporting options.

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