Broadridge Financial Solutions Inc (NYSE:BR) Institutional Investor Sentiment

January 14, 2018 - By Stephen Andrade

 Broadridge Financial Solutions Inc (NYSE:BR) Institutional Investor Sentiment

Sentiment for Broadridge Financial Solutions Inc (NYSE:BR)

Broadridge Financial Solutions Inc (NYSE:BR) institutional sentiment decreased to 1.01 in 2017 Q3. Its down -0.01, from 1.02 in 2017Q2. The ratio is negative, as 186 investment managers started new or increased stock positions, while 185 sold and decreased stakes in Broadridge Financial Solutions Inc. The investment managers in our partner’s database now possess: 95.51 million shares, up from 95.50 million shares in 2017Q2. Also, the number of investment managers holding Broadridge Financial Solutions Inc in their top 10 stock positions was flat from 6 to 6 for the same number . Sold All: 23 Reduced: 162 Increased: 140 New Position: 46.

Broadridge Financial Solutions, Inc

The stock increased 0.63% or $0.59 during the last trading session, reaching $94.04. About 361,679 shares traded. Broadridge Financial Solutions, Inc. (NYSE:BR) has risen 17.08% since January 14, 2017 and is uptrending. It has outperformed by 0.38% the S&P500.

Analysts await Broadridge Financial Solutions, Inc. (NYSE:BR) to report earnings on February, 14. They expect $0.58 EPS, up 48.72 % or $0.19 from last year’s $0.39 per share. BR’s profit will be $67.60 million for 40.53 P/E if the $0.58 EPS becomes a reality. After $0.54 actual EPS reported by Broadridge Financial Solutions, Inc. for the previous quarter, Wall Street now forecasts 7.41 % EPS growth.

Ensemble Capital Management Llc holds 8.49% of its portfolio in Broadridge Financial Solutions, Inc. for 501,428 shares. Clarkston Capital Partners Llc owns 1.23 million shares or 4.1% of their US portfolio. Moreover, Southernsun Asset Management Llc has 3.49% invested in the company for 1.76 million shares. The New York-based Hilton Capital Management Llc has invested 3.46% in the stock. Incline Global Management Llc, a New York-based fund reported 434,248 shares.#img1#

Broadridge Financial Solutions, Inc. (NYSE:BR) Ratings Coverage

Ratings analysis reveals 14% of Broadridge Financial Solutions’s analysts are positive. Out of 7 Wall Street analysts rating Broadridge Financial Solutions, 1 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $59 while the high is $95.0. The stock’s average target of $73.25 is -22.11% below today’s ($94.04) share price. BR was included in 15 notes of analysts from August 14, 2015. The rating was upgraded by Zacks on Friday, August 14 to “Sell”. The rating was maintained by Barclays Capital on Thursday, November 9 with “Equal-Weight”. The stock has “Overweight” rating by Barclays Capital on Monday, November 2. JP Morgan maintained the stock with “Neutral” rating in Friday, August 14 report. Raymond James downgraded the stock to “Market Perform” rating in Tuesday, June 7 report. The firm has “Equal-Weight” rating given on Wednesday, August 10 by Barclays Capital. The stock of Broadridge Financial Solutions, Inc. (NYSE:BR) has “Equal-Weight” rating given on Friday, August 11 by Barclays Capital. Atlantic Securities initiated the shares of BR in report on Tuesday, September 13 with “Overweight” rating. Avondale downgraded the shares of BR in report on Wednesday, June 15 to “Market Perform” rating. The stock has “Hold” rating by Sandler O’Neill on Thursday, September 29.

More important recent Broadridge Financial Solutions, Inc. (NYSE:BR) news were published by: Investorplace.com which released: “Best Stocks for 2018: Broadridge Financial Solutions, Inc. Is the Blockchain …” on December 19, 2017, also Prnewswire.com published article titled: “Broadridge Strengthens Investment Management Data Solutions through …”, Prnewswire.com published: “Pre-Market Technical Scan on Tech Equities — Premier, Nielsen, Broadridge …” on January 08, 2018. More interesting news about Broadridge Financial Solutions, Inc. (NYSE:BR) was released by: Newsday.com and their article: “Broadridge Financial Solutions buys Morningstar unit” with publication date: January 02, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.