Broadridge Financial Solutions (BR) : Capital Management Associates Ny reduced its stake in Broadridge Financial Solutions by 0.97% during the most recent quarter end. The investment management company now holds a total of 20,371 shares of Broadridge Financial Solutions which is valued at $1,227,149 after selling 200 shares in Broadridge Financial Solutions , the firm said in a disclosure report filed with the SEC on May 2, 2016.Broadridge Financial Solutions makes up approximately 2.18% of Capital Management Associates Ny’s portfolio.
Broadridge Financial Solutions opened for trading at $58.8 and hit $60.3 on the upside on Friday, eventually ending the session at $60.24, with a gain of 1.89% or 1.12 points. The heightened volatility saw the trading volume jump to 8,93,948 shares. Company has a market cap of $7,121 M.
Other Hedge Funds, Including , Burney Co boosted its stake in BR in the latest quarter, The investment management firm added 675 additional shares and now holds a total of 14,304 shares of Broadridge Financial Solutions which is valued at $861,673. Broadridge Financial Solutions makes up approx 0.06% of Burney Co’s portfolio. Quantbot Technologies Lp added BR to its portfolio by purchasing 1,796 company shares during the most recent quarter which is valued at $107,473. Broadridge Financial Solutions makes up approx 0.02% of Quantbot Technologies Lp’s portfolio. Apex Capital Management added BR to its portfolio by purchasing 604,748 company shares during the most recent quarter which is valued at $36,188,120. Broadridge Financial Solutions makes up approx 0.80% of Apex Capital Management’s portfolio.Texas Permanent School Fund reduced its stake in BR by selling 3,257 shares or 3.31% in the most recent quarter. The Hedge Fund company now holds 95,005 shares of BR which is valued at $5,685,099. Broadridge Financial Solutions makes up approx 0.07% of Texas Permanent School Fund’s portfolio. Quantitative Systematic Strategies sold out all of its stake in BR during the most recent quarter. The investment firm sold 5,591 shares of BR which is valued $335,907.
On the company’s financial health, Broadridge Financial Solutions reported $0.58 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.51. The company had revenue of $688.80 million for the quarter, compared to analysts expectations of $686.40 million. The company’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.47 EPS.
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 delivers a range of solutions that help its clients serve their retail and institutional customers across the entire investment lifecycle including pre-trade trade and post-trade processing. It serves a diverse client base across its five businesses: Bank/Broker-Dealer Investor Communication Solutions Corporate Issuer Solutions Advisor Solutions Mutual Fund and Retirement Solutions and Global Technology and Operations. Its businesses operate in two business segments: Investor Communication Solutions and Global Technology and Operations. Its services include investor communications securities processing and data and analytics solutions. It provides an infrastructure that helps the financial services industry operate. It provides financial services firms with integrated systems.