Broadridge Finl Solutions In (BR) Stock Rose While Clarkston Capital Partners LLC Cut by $4.75 Million Its Stake

November 10, 2018 - By Peter Erickson

Broadridge Financial Solutions, Inc. (NYSE:BR) LogoInvestors sentiment increased to 1.06 in 2018 Q2. Its up 0.13, from 0.93 in 2018Q1. It improved, as 24 investors sold BR shares while 202 reduced holdings. 83 funds opened positions while 156 raised stakes. 95.79 million shares or 1.36% less from 97.11 million shares in 2018Q1 were reported. Plante Moran Advisors Ltd Llc holds 0.2% in Broadridge Financial Solutions, Inc. (NYSE:BR) or 3,341 shares. Principal Grp stated it has 0.07% of its portfolio in Broadridge Financial Solutions, Inc. (NYSE:BR). Mariner Ltd Llc holds 0.02% or 6,475 shares in its portfolio. Sawgrass Asset Mgmt Limited Liability Company has invested 1.58% in Broadridge Financial Solutions, Inc. (NYSE:BR). Wendell David Inc has 66,009 shares for 1.3% of their portfolio. Cullen Frost Bankers Incorporated owns 45,805 shares. Marsico Ltd Limited Liability Company holds 55,281 shares or 0.23% of its portfolio. Appleton Prns Ma holds 2,618 shares. Stone Ridge Asset Mngmt Ltd Llc holds 0.11% in Broadridge Financial Solutions, Inc. (NYSE:BR) or 16,919 shares. Ftb Advisors Incorporated holds 592 shares or 0.01% of its portfolio. Nomura Holding Inc has 1,908 shares for 0% of their portfolio. Smithfield Trust holds 0.03% or 2,096 shares in its portfolio. Howland Cap Management Limited Company invested 0.05% of its portfolio in Broadridge Financial Solutions, Inc. (NYSE:BR). Winslow Evans & Crocker reported 3,450 shares or 0.12% of all its holdings. Timessquare Cap Management Limited Liability Company stated it has 290,416 shares.

Clarkston Capital Partners Llc decreased its stake in Broadridge Finl Solutions In (BR) by 4.14% based on its latest 2018Q2 regulatory filing with the SEC. Clarkston Capital Partners Llc sold 41,285 shares as the company’s stock rose 18.21% with the market. The institutional investor held 956,555 shares of the miscellaneous company at the end of 2018Q2, valued at $110.10 million, down from 997,840 at the end of the previous reported quarter. Clarkston Capital Partners Llc who had been investing in Broadridge Finl Solutions In for a number of months, seems to be less bullish one the $12.47B market cap company. The stock decreased 0.29% or $0.31 during the last trading session, reaching $107.21. About 1.25 million shares traded or 45.68% up from the average. Broadridge Financial Solutions, Inc. (NYSE:BR) has risen 70.00% since November 10, 2017 and is uptrending. It has outperformed by 54.38% the S&P500.

Analysts await Broadridge Financial Solutions, Inc. (NYSE:BR) to report earnings on November, 14. They expect $0.67 EPS, up 24.07 % or $0.13 from last year’s $0.54 per share. BR’s profit will be $77.94M for 40.00 P/E if the $0.67 EPS becomes a reality. After $1.86 actual EPS reported by Broadridge Financial Solutions, Inc. for the previous quarter, Wall Street now forecasts -63.98 % negative EPS growth.

More news for Broadridge Financial Solutions, Inc. (NYSE:BR) were recently published by: Seekingalpha.com, which released: “Broadridge Financial Solutions declares $0.485 dividend” on November 08, 2018. Streetinsider.com‘s article titled: “Broadridge (BR) Tops Q1 EPS by 11c, Revenues Beat” and published on November 06, 2018 is yet another important article.

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

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