Updating Broadridge Financial Solutions Inc., Gannett Co. Inc. and Restaurant Brands International Inc.

Article Excerpt

BROADRIDGE FINANCIAL SOLUTIONS INC. $133 (New York symbol BR; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 116.4 million; Market cap: $15.5 billion; Price-to-sales ratio: 3.5; Dividend yield: 1.5%; TSINetwork Rating: Average; www.broadridge.com) has completed the acquisition of the retirement plan custody and trust assets of TD Ameritrade Trust Company, a subsidiary of TD Ameritrade Holding Corp. ( Nasdaq symbol AMTD). It has yet to disclose the purchase price. That purchase should strengthen Broadridge’s mutual fund and retirement business and enhance its position as one of the leading providers of custodial services. The acquisition is also part of its efforts to expand Matrix Financial Solutions. That’s the subsidiary through which Broadridge offers mutual fund trade and processing services. The new purchase will bring key features to Matrix like directed trustee, custody, mutual fund and ETF trading services. Broadridge is our #1 Aggressive buy for 2019. GANNETT CO. INC. $9.71 (New York symbol GCI; Conservative Growth Portfolio, Consumer sector: Shares outstanding: 114.5 million; Market cap: $1.1 billion; Price-to-sales…

You are trying to access subscriber-only content.

To read this article, you may subscribe or sign in.
If you are already a subscriber, log in here.

If you wish to become a subscriber, click here. Or you may enjoy access to all our publications when you become a Member of Pat McKeough's Inner Circle Pro.