A Reversal for Broadridge Financial Solutions Inccommon Stock (NYSE:BR) Is Not Near. The Stock Has Rise in Shorts

April 19, 2018 - By Louis Casey

Broadridge Financial Solutions, Inc. (NYSE:BR) Logo

Investors sentiment increased to 1.14 in 2017 Q4. Its up 0.13, from 1.01 in 2017Q3. It improved, as 20 investors sold Broadridge Financial Solutions, Inc. shares while 168 reduced holdings. 73 funds opened positions while 141 raised stakes. 95.28 million shares or 0.24% less from 95.51 million shares in 2017Q3 were reported.
Bradley Foster And Sargent Ct, a Connecticut-based fund reported 2,215 shares. Macquarie Gru holds 0.02% of its portfolio in Broadridge Financial Solutions, Inc. (NYSE:BR) for 153,203 shares. Ajo L P holds 18,852 shares. Ashfield Capital Prtn Limited Liability reported 0.05% of its portfolio in Broadridge Financial Solutions, Inc. (NYSE:BR). Alps invested in 6,655 shares or 0% of the stock. Mason Street Advisors Ltd Liability Company stated it has 0.12% of its portfolio in Broadridge Financial Solutions, Inc. (NYSE:BR). 37 are owned by M&R Cap Management. 285,161 are owned by Bb&T. New Mexico Educational Retirement Board holds 0.1% of its portfolio in Broadridge Financial Solutions, Inc. (NYSE:BR) for 28,800 shares. Sandy Spring Savings Bank holds 0% of its portfolio in Broadridge Financial Solutions, Inc. (NYSE:BR) for 25 shares. Architects holds 0.05% or 3,291 shares. Avalon Advisors stated it has 0.1% of its portfolio in Broadridge Financial Solutions, Inc. (NYSE:BR). Westpac Bk stated it has 0.13% in Broadridge Financial Solutions, Inc. (NYSE:BR). Moreover, First Allied Advisory Incorporated has 0.03% invested in Broadridge Financial Solutions, Inc. (NYSE:BR) for 8,621 shares. First Interstate Bankshares reported 74 shares.

The stock of Broadridge Financial Solutions Inccommon Stock (NYSE:BR) registered an increase of 12.57% in short interest. BR’s total short interest was 3.45M shares in April as published by FINRA. Its up 12.57% from 3.06M shares, reported previously. With 1.02M shares average volume, it will take short sellers 3 days to cover their BR’s short positions. The short interest to Broadridge Financial Solutions Inccommon Stock’s float is 2.97%.

The stock decreased 0.86% or $0.96 during the last trading session, reaching $110.74. About 238,146 shares traded. Broadridge Financial Solutions, Inc. (NYSE:BR) has risen 58.90% since April 19, 2017 and is uptrending. It has outperformed by 47.35% the S&P500.

Broadridge Financial Solutions, Inc

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

Among 4 analysts covering Broadridge Financial Soln (NYSE:BR), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Broadridge Financial Soln had 7 analyst reports since November 9, 2017 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Thursday, November 9 by Barclays Capital. Sandler O’Neill maintained the stock with “Hold” rating in Thursday, February 15 report. DA Davidson maintained the shares of BR in report on Wednesday, March 28 with “Neutral” rating. The firm has “Equal-Weight” rating given on Friday, February 9 by Barclays Capital. The rating was maintained by Sandler O’Neill on Thursday, February 8 with “Hold”.

Broadridge Financial Solutions, Inc. (NYSE:BR) Institutional Positions Chart

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