News coverage about Broadridge Financial Solutions (NYSE:BR) has trended somewhat positive recently, according to Alpha One Sentiment. Alpha One, a unit of Accern, rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Broadridge Financial Solutions earned a news impact score of 0.12 on Alpha One’s scale. Alpha One also gave news coverage about the business services provider an impact score of 38 out of 100, indicating that recent media coverage is unlikely to have an effect on the company’s share price in the next few days.
These are some of the news articles that may have effected AlphaOne Sentiment Analysis’s scoring:
- Broadridge Financial : Adds MSCI ESG Fund Metrics to Further Expand Global Market Intelligence Platform (4-traders.com)
- Broadridge Financial Solutions, Inc. :BR-US: Earnings Analysis: Q3, 2017 By the Numbers : June 16, 2017 (finance.yahoo.com)
- Broadridge Financial Solutions, Inc. : BR-US: Dividend Analysis : June 15th, 2017 (record date) : By the numbers : June 15, 2017 (finance.yahoo.com)
- Featured Company News – Broadridge Financial and Spence Johnson Join Hands to Expand Data and Analytics Offerings (finance.yahoo.com)
- Broadridge Financial announces alliance with British data firm (newsday.com)
Broadridge Financial Solutions (NYSE BR) traded down 0.45% during mid-day trading on Friday, hitting $75.36. 1,444,621 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $73.25 and its 200-day moving average price is $68.82. Broadridge Financial Solutions has a 12 month low of $59.86 and a 12 month high of $78.00. The stock has a market cap of $8.86 billion, a PE ratio of 29.52 and a beta of 1.00.
Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings results on Wednesday, May 10th. The business services provider reported $0.69 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.10. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $997.65 million. Broadridge Financial Solutions had a net margin of 8.21% and a return on equity of 34.74%. The business’s revenue for the quarter was up 46.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.58 earnings per share. Equities analysts expect that Broadridge Financial Solutions will post $3.14 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, July 3rd. Shareholders of record on Thursday, June 15th will be paid a dividend of $0.33 per share. The ex-dividend date is Tuesday, June 13th. This represents a $1.32 dividend on an annualized basis and a yield of 1.75%. Broadridge Financial Solutions’s dividend payout ratio (DPR) is presently 51.56%.
Separately, Zacks Investment Research downgraded shares of Broadridge Financial Solutions from a “hold” rating to a “sell” rating in a research report on Monday, March 27th.
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In other news, insider Robert Schifellite sold 76,666 shares of the business’s stock in a transaction dated Tuesday, June 6th. The stock was sold at an average price of $75.98, for a total transaction of $5,825,082.68. Following the completion of the transaction, the insider now directly owns 105,042 shares of the company’s stock, valued at $7,981,091.16. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Charles J. Marchesani sold 20,473 shares of the business’s stock in a transaction dated Tuesday, May 23rd. The stock was sold at an average price of $73.61, for a total value of $1,507,017.53. Following the transaction, the insider now directly owns 32,328 shares of the company’s stock, valued at $2,379,664.08. The disclosure for this sale can be found here. Insiders have sold 323,032 shares of company stock worth $24,016,648 over the last quarter. Insiders own 3.50% of the company’s stock.
About Broadridge Financial Solutions
Broadridge Financial Solutions, Inc (Broadridge) is a provider of investor communications and technology-driven solutions to banks, broker-dealers, mutual funds and corporate issuers. The Company’s segments include Investor Communication Solutions, and Global Technology and Operations. The Company offers Bank/Broker-Dealer Investor Communication Solutions, Customer Communication Solutions, Corporate Issuer Solutions, Advisor Solutions and Mutual Fund and Retirement Solutions through Investor Communication Solutions segment.
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