As Broadridge Financial Solutions (BR) Market Valuation Rose, Hilton Capital Management LLC Lowered Position by $8.11 Million

August 9, 2018 - By Jason Dias

Broadridge Financial Solutions, Inc. (NYSE:BR) LogoInvestors sentiment decreased to 0.93 in 2018 Q1. Its down 0.21, from 1.14 in 2017Q4. It dived, as 32 investors sold BR shares while 197 reduced holdings. 76 funds opened positions while 136 raised stakes. 97.11 million shares or 1.92% more from 95.28 million shares in 2017Q4 were reported. 4,600 were accumulated by Eulav Asset Mgmt. Evercore Wealth Management Ltd Company holds 0.01% or 2,835 shares in its portfolio. Northwest Inv Counselors Limited Liability holds 11,713 shares or 0.54% of its portfolio. The Massachusetts-based Rhumbline Advisers has invested 0.06% in Broadridge Financial Solutions, Inc. (NYSE:BR). United Fin Advisers Lc, California-based fund reported 139,784 shares. Zwj Investment Counsel accumulated 2,302 shares. Vision Cap Mngmt holds 1.52% of its portfolio in Broadridge Financial Solutions, Inc. (NYSE:BR) for 47,065 shares. Colony Gp Ltd Company owns 0.48% invested in Broadridge Financial Solutions, Inc. (NYSE:BR) for 80,509 shares. Swiss National Bank & Trust invested in 857,600 shares or 0.11% of the stock. Sterling Cap Management Ltd Llc, a North Carolina-based fund reported 1,935 shares. First Personal Fincl Svcs stated it has 226 shares or 0.01% of all its holdings. First Bank & Trust Of Omaha accumulated 177,796 shares. Etrade Management Ltd Llc invested in 0.02% or 5,800 shares. Ls Advisors Ltd Liability Com holds 0.07% of its portfolio in Broadridge Financial Solutions, Inc. (NYSE:BR) for 10,946 shares. Dana holds 308,531 shares or 1.53% of its portfolio.

Hilton Capital Management Llc decreased its stake in Broadridge Financial Solutions (BR) by 25.98% based on its latest 2018Q1 regulatory filing with the SEC. Hilton Capital Management Llc sold 74,365 shares as the company’s stock rose 14.80% while stock markets declined. The hedge fund held 211,868 shares of the miscellaneous company at the end of 2018Q1, valued at $23.24 million, down from 286,233 at the end of the previous reported quarter. Hilton Capital Management Llc who had been investing in Broadridge Financial Solutions for a number of months, seems to be less bullish one the $15.11 billion market cap company. The stock increased 0.37% or $0.48 during the last trading session, reaching $129.93. About 109,074 shares traded. Broadridge Financial Solutions, Inc. (NYSE:BR) has risen 52.96% since August 9, 2017 and is uptrending. It has outperformed by 40.39% the S&P500.

More news for Broadridge Financial Solutions, Inc. (NYSE:BR) were recently published by: Benzinga.com, which released: “Earnings Scheduled For August 7, 2018” on August 07, 2018. Streetinsider.com‘s article titled: “Amazon and Alphabet push S&P 500 closer to record high” and published on August 07, 2018 is yet another important article.

Broadridge Financial Solutions, Inc. (NYSE:BR) Ratings Coverage

Among 2 analysts covering Broadridge Financial Solutions Llc (NYSE:BR), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Broadridge Financial Solutions Llc has $101.0 highest and $92 lowest target. $96.50’s average target is -25.73% below currents $129.93 stock price. Broadridge Financial Solutions Llc had 2 analyst reports since February 15, 2018 according to SRatingsIntel. As per Thursday, February 15, the company rating was maintained by Sandler O’Neill. DA Davidson maintained Broadridge Financial Solutions, Inc. (NYSE:BR) on Wednesday, March 28 with “Neutral” rating.

Broadridge Financial Solutions, Inc. (NYSE:BR) Institutional Positions Chart

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