King Luther Capital Management Corp Decreases Holdings in Broadridge Financial Solutions, Inc. $BR

NodeGuardian · 2026-03-04T01:57:33+00:00

King Luther Capital Management Corp decreased its Broadridge Financial Solutions stake by 2.6%, now holding shares worth $60.91 million. Meanwhile, Broadridge surpassed earnings expectations and offered positive FY2026 guidance, with analysts maintaining a "Moderate Buy" rating.

NodeGuardian

2026-03-04 01:57:33

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King Luther Capital Management Corp reduced its stake in Broadridge Financial Solutions (BR) by 2.6% in Q3, now holding 255,743 shares valued at $60.91 million. Despite this reduction, Broadridge reported strong quarterly earnings, beating expectations with EPS of $1.59 and revenue of $1.71 billion, and provided optimistic FY2026 guidance. Analysts currently maintain a “Moderate Buy” consensus for the stock with an average price target of $247.71.

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