broadridge financial

Broadridge Financial Solutions is a U.S.-based financial technology and investor communications company that provides infrastructure, software, and services to banks, broker-dealers, asset managers, and public companies. It is widely known for supporting areas such as corporate governance, capital markets, and wealth and investment management. In simple terms, Broadridge helps financial institutions run important behind-the-scenes systems and communications that support the investing process.

The company’s business is centered on services like proxy and shareholder communications, trade processing, post-trade operations, regulatory reporting, tax reporting, and technology platforms for wealth management and capital markets. Rather than serving mainly as a consumer-facing bank or lender, Broadridge focuses on the systems and processes that financial firms use to operate efficiently and meet investor and regulatory needs. Its services help institutions process transactions, communicate with shareholders, and manage complex operational workflows.

Today, Broadridge is generally viewed as a major provider of financial services technology with an emphasis on digitization, automation, and modernization. The company positions itself as helping clients improve efficiency, strengthen governance, and enhance the investor experience. Overall, Broadridge Financial Solutions is best understood as a company that supplies the technology and operational support many financial institutions rely on every day.

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Broadridge is far from a household name, except in households where most members work in the investment business. Since Automatic Data Processing (symbol ADP on Nasdaq) spun it off in 2007, the company has become a key provider of services to financial, brokerage and wealth management firms.

We added Broadridge to our recommendations in the February 2008 issue of Wall Street Stock Forecaster as a buy at $22 a share....
BROADRIDGE FINANCIAL SOLUTIONS INC. $148 is a buy. The company (New York symbol BR; High-Growth Payer Portfolio, Finance sector; Shares outstanding: 115.6 million; Market cap: $17.1 billion; Dividend yield: 1.6%; Dividend Sustainability Rating: Above Average; www.broadridge.com) serves the investment industry in three main areas: investor communications, securities processing and transaction clearing.


With the October 2020 payment, Broadridge raised its quarterly dividend by 6.5% to $0.575 a share from $0.54....
Fair Isaac and Broadridge Financial are both positioned to keep doing well during the pandemic: since March of this year, Fair Isaac is up 167.0% to an all-time high; and Broadridge has jumped 78.0%, also to new highs. We think both have room to move higher.


FAIR ISAAC CORP....
BROADRIDGE FINANCIAL SOLUTIONS INC. $139 is a buy. The company (New York symbol BR; Aggressive Growth Portfolio, Finance sector; Shares o/s: 115.2 million; Market cap: $16.0 billion; Price-to-sales ratio: 3.5; Div. yield: 1.7%; TSINetwork Rating: Average; www.broadridge.com) serves the investment industry in three main areas: investor communications, securities processing and transaction clearing.


Broadridge is now raising its quarterly dividend by 6.5% with the October 2020 payment, to $0.575 a share from $0.54....
BROADRIDGE FINANCIAL SOLUTIONS $137.30 (New York symbol BR; TSINetwork Rating: Average) (www.broadridge.com; Shares o/s: 115.2 million; Market cap: $15.8 billion; Dividend yield: 1.7%) serves the investment industry in three main areas: investor communications, securities processing and transaction clearing.


Broadridge is now trading at all-time highs after reporting stronger results in the latest quarter.


For the three months ended June 30, 2020, revenue rose 12.4%, to $1.36 billion from $1.21 billion a year earlier....
BROADRIDGE FINANCIAL SOLUTIONS INC. $134 is a buy. The company (New York symbol BR; High-Growth Payer Portfolio, Finance sector; Shares outstanding: 114.8 million; Market cap: $15.4 billion; Dividend yield: 1.6%; Dividend Sustainability Rating: Above Average; www.broadridge.com) last raised its quarterly dividend with the October 2019 payment....
The real secret to investment growth lies in hidden value and How to Find the True Growth Stocks shows how to use that knowledge with tech and other growth stocks.
INTERNATIONAL FLAVORS & FRAGRANCES INC. $105 (www.iff.com) is still a buy. The company plans to merge with the nutition and biosciences business of DuPont (New York symbol DD). DuPont shareholders will own 55.4% of the combined company, with IFF shareholders owning the rest....
BRIGGS & STRATTON CORP. $2.28 is still a hold. The company (New York symbol BGG; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 42.5 million; Market cap: $96.9 million; Price-to-sales ratio: 0.1; Dividend suspended in March 2020; TSINetwork Rating: Extra Risk; www.briggsandstratton.com) makes lawnmower engines, portable power generators, pressure washers, and snowblowers and throwers.


Under a new strategy to protect investor value, Briggs will focus on making engines for industrial and consumer uses, standby power generators and commercial battery systems....
The COVID-19 outbreak could prompt many businesses to cut their spending on important equipment such as video surveillance systems (made by Motorola Solutions) and self-serve cash registers (NCR). However, we believe many other businesses will see that as a false economy because these products help them operate more efficiently....