|Bid||0.00 x 800|
|Ask||129.84 x 1100|
|Day's Range||129.58 - 130.91|
|52 Week Range||91.34 - 138.24|
|Beta (3Y Monthly)||0.79|
|PE Ratio (TTM)||30.70|
|Earnings Date||Aug 5, 2019 - Aug 9, 2019|
|Forward Dividend & Yield||1.94 (1.50%)|
|1y Target Est||125.14|
Is Broadridge Financial Solutions, Inc. (NYSE:BR) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise […]
NEW YORK , June 18, 2019 /PRNewswire/ -- Broadridge Financial Solutions, Inc . (NYSE: BR), a global Fintech leader and part of the S&P 500® Index, today announced the appointment of Frederick Duden to ...
NEW YORK and LONDON , June 18, 2019 /PRNewswire/ -- Broadridge Financial Solutions, Inc . (NYSE: BR), a global Fintech leader that is part of the S&P 500® Index, has announced a change management service ...
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Broadridge Financial Solutions Inc NYSE:BRView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate and increasing * Economic output in this company's sector is contracting Bearish sentimentShort interest | NeutralShort interest is moderate for BR with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on June 12. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding BR totaled $58.01 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
(Bloomberg) -- General Motors Co.’s annual meeting last week lacked what used to be an essential element: shareholders.For the first time, the carmaker held the gathering virtually, answering questions investors submitted online, joining companies like Lululemon Athletica Inc., Netflix Inc. and Intel Corp. in stopping physical events.Not all investors were happy.John Chevedden, a shareholder activist, called on GM investors to vote against the appointment of three directors in protest of the automaker’s decision to ditch in-the-flesh gatherings.“An in-person annual meeting is a motivator of good performance by management and directors,” Chevedden said in a filing. “Who wants to stand in front of a live audience and explain shrinking sales, epic recalls and loss of market share? It is so much easier to explain it to a microphone.”GM spokeswoman Juli Huston-Rough defended the practice.Online meetings “provide better opportunity for more shareholders to participate regardless of where they live,” she said in an emailed statement. “For many shareholders, attending a live meeting isn’t feasible because of geography or travel expense.”In the U.K., the Investment Association, a trade body that represents portfolio managers who collectively oversee about $10 trillion of assets, has said it doesn’t support virtual-only meetings. Lululemon’s billionaire founder Chip Wilson, the biggest individual shareholder, has complained that the company’s switch to the format in 2016 thwarted his ability to ask the board uncomfortable questions.Still, the practice is becoming more prevalent.Broadridge Financial Solutions Inc., which offers firms a platform to host online-only meetings, supported 257 such events in 2018, up from 212 in 2017 and just one in 2009, when it introduced the product. Proxy adviser Institutional Shareholder Services is currently tracking 186 virtual-only meetings that have already happened or are scheduled for later this year.Supporters of virtual meetings say the cost savings can be significant and allow shareholders worldwide to participate.“Companies aren’t doing it to hide, they just want to make the meetings more useful,” said Cathy Conlon, head of corporate issuer strategy at Broadridge. “It allows retail investors to have access to the company. People complaining about virtual meetings are generally those who already have access to the company.”Marc Goldstein, head of U.S. research at ISS, said the most investor-friendly solution would be a hybrid meeting combining a live event that’s also carried online. For many firms, that defeats the purpose of making the virtual switch.U.S. shareholders who object to such shifts have little recourse. While companies that wish to make the switch from physical meetings have to put that to a shareholder vote in Britain and some other markets, there’s no such requirement for most U.S. firms, according to Goldstein.For now, most companies haven’t abandoned traditional shareholder meetings, which give mom-and-pop investors a platform to voice their ideas and concerns. That can make for some awkward moments for executives. At Bombardier Inc.’s event in Montreal last month, a shareholder who said he had held the stock for almost six decades asked why the plane and train maker, which is in the middle of a turnaround plan, hasn’t paid a dividend for years while rewarding top executives with “staggering” pay. His comments drew some applause.But virtual-only meetings can also be awkward. At Lululemon’s meeting, Wilson submitted eight questions, most of which focused on whether the board had deliberately ignored his questions at previous gatherings. This time, the company offered answers to most of his questions and still managed to wrap up the entire proceeding in about 20 minutes.\--With assistance from David Welch and Sandrine Rastello.To contact the reporter on this story: Tom Metcalf in London at firstname.lastname@example.orgTo contact the editors responsible for this story: Pierre Paulden at email@example.com, Peter Eichenbaum, Steven CrabillFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
NEW YORK, June 13, 2019 /PRNewswire/ -- The financial services industry's top priority for AI applications is data mining, according to the second annual AI Outlook Survey from Broadridge Financial Solutions Inc.
Acquisition Enhances Broadridge's Wealth Management Capabilities and Footprint NEW YORK , June 10, 2019 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader and part ...
Broadridge Financial Solutions, Inc. (BR) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Broadridge Financial (BR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
NEW YORK, June 6, 2019 /PRNewswire/ -- Model portfolio use has surged and financial advisors view models as an essential part of their toolkit, according to new data released today by Broadridge Financial Solutions, Inc. (BR), a global Fintech leader and part of the S&P 500® Index. As financial advisors face more diverse competition and technology allows for more easily designed and managed models, assets under advisement are shifting to model portfolios, largely as a solution for business growth, prospecting and client retention. Survey results show that financial advisors rely heavily on model portfolios as their businesses become more complex.
NEW YORK and LONDON, June 5, 2019 /PRNewswire/ -- In response to the European Commission's updated Shareholder Rights Directive, Broadridge Financial Solutions, Inc. (BR), a global Fintech leader and part of the S&P 500® Index, has announced details of its extended solution to support both institutional- and retail-focused intermediaries for global proxy voting. The new offering includes a range of process enhancements and a new blockchain-based platform for shareholder disclosure. In addition, firms supporting retail and private wealth clients will now be able to distribute proxy materials to these retail clients through electronic distribution, including mobile devices.
TOKYO , June 3, 2019 /PRNewswire/ -- Investor Communications Japan (ICJ), a joint venture of Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader that is part of the S&P 500® Index, ...
Based in London, Pandiri will be responsible for Broadridge's rapidly growing Post-Trade Technology, Global Proxy, and Asset Management Data and Technology businesses outside of North America with a special focus on Europe and Asia. Most recently, Pandiri was Global CEO of BNY's Asset Servicing Division and a member of BNY Mellon's senior leadership team. Prior to that, he was CEO of BNY's Shareowner Services Division where he was responsible for the successful turnaround and sale of the equity administration services business.
Understanding Broadridge Financial Solutions, Inc.'s (NYSE:BR) performance as a company requires examining more than...
Broadridge (BR) is investing in tuck-in acquisitions to strengthen its mutual fund business and expand its wealth management product line.
Broadridge Financial (BR) is well positioned to outperform the market, as it exhibits above-average growth in financials.
NEW YORK, May 21, 2019 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (BR), a global Fintech leader and part of the S&P 500® Index, today announced that it has entered into a purchase agreement to acquire RPM Technologies, a leading Canadian provider of enterprise wealth management software solutions and services for approximately $300 million USD. "The addition of RPM Technologies broadens and deepens our wealth management product offering in Canada," said Tom Carey, President of Global Technology and Operations at Broadridge.