Corient Private Wealth Reduces $10M in Broadridge Financial Solutions, Inc. ($BR)
Key Points
- Corient Private Wealth changed its Broadridge Financial Solutions, Inc. ($BR) stake by 14.9% last quarter, cutting to 397,021 shares worth $57.51 million.
- Wall Street's consensus rating on $BR is Buy and an average price target of $206.50.
- $BR last traded around $144.86.
Corient Private Wealth reduced its position in Broadridge Financial Solutions, Inc. ($BR) by 14.9% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 397,021 shares of Broadridge Financial Solutions, Inc. after selling 69,775 shares during the quarter. Corient Private Wealth's holdings in Broadridge Financial Solutions, Inc. were worth $57.51 million as of its most recent filing.
Broadridge Financial Solutions, Inc. ($BR) Stock
Broadridge Financial Solutions, Inc. Earnings
Broadridge Financial Solutions, Inc. Dividend
Analysts Set New Price Targets
About Broadridge Financial Solutions, Inc.
Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry in the United States and internationally. The company's Investor Communication Solutions segment handles the proxy materials distribution and voting processes for bank, broker-dealer, corporate issuer, and fund clients; and provides fund manager and a range of other regulatory communication solutions. The segment also offers ProxyEdge, an electronic proxy delivery and voting solution; data-driven solutions and an end-to-end platform for content management, composition, and omni-channel distribution of regulatory, marketing, and transactional information, as well as mutual fund and exchange-traded funds trade processing services; data and analytics solutions; annual SEC filing and capital markets transaction services; registrar, stock transfer, and record-keeping services; and omni-channel customer communications solutions, as well as operates Broadridge Communications Cloud platform that creates, delivers, and manages communications and customer engagement activities. The Global Technology and Operations segment provides solutions that automate the front-to-back transaction lifecycle of equity, mutual fund, fixed income, foreign exchange and exchange-traded derivatives, order capture and execution, trade confirmation, margin, cash management, clearing and settlement, reference data management, reconciliations, securities financing and collateral management, asset servicing, compliance and regulatory reporting, portfolio accounting, and custody-related services. This segment also offers business process outsourcing services; technology solutions, such portfolio management, compliance, fee billing, and operational support solutions; and capital market and wealth and investment management solutions. The company was founded in 1962 and is headquartered in Lake Success, New York.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.