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Last €48.08 EUR
Change Today -0.475 / -0.98%
Volume 0.0
5B9 On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 2:20 AM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

broadridge financial solutio (5B9) Snapshot

Open
€48.18
Previous Close
€48.56
Day High
€48.18
Day Low
€48.08
52 Week High
04/14/15 - €50.85
52 Week Low
05/27/14 - €29.35
Market Cap
5.8B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
119.9M
EX-Date
06/15/15
P/E TM
--
Dividend
€1.08
Dividend Yield
1.72%
Current Stock Chart for BROADRIDGE FINANCIAL SOLUTIO (5B9)

broadridge financial solutio (5B9) Related Businessweek News

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broadridge financial solutio (5B9) Details

Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry in the United States, Canada, the United Kingdom, and internationally. The company’s Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services. It provides ProxyEdge, an electronic proxy delivery and voting solution for institutional investors and financial advisors; and distributes regulatory reports and corporate action/reorganization event information, as well as tax reporting solutions. This segment also offers financial information distribution and transaction reporting services, such as processing and distribution of account statements and trade confirmations, traditional and personalized document fulfillment and content management services, and marketing communications, as well as imaging, archival, and workflow solutions to financial institutions and securities issuers; and registered proxy, registrar, stock transfer, and record-keeping services for corporate issuers. Its Securities Processing Solutions segment offers advanced computerized real-time transaction processing services that automate the securities transaction comprising desktop productivity tools, data aggregation, performance reporting, portfolio management, order capture and execution, trade confirmation, settlement, and accounting. This segment’s services assist financial institutions to consolidate their books and records, gather and service assets under management, focus on their core businesses, and manage risk. The company serves retail and institutional brokerage firms, global banks, mutual funds, annuity companies, institutional investors, specialty trading firms, clearing firms, third party administrators, hedge funds, corporate issuers, and financial advisors. The company is headquartered in Lake Success, New York.

6,700 Employees
Last Reported Date: 08/7/14

broadridge financial solutio (5B9) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $785.8K
Chief Financial Officer and Corporate Vice Pr...
Total Annual Compensation: $512.3K
Chief Operating Officer and Corporate Senior ...
Total Annual Compensation: $544.3K
Corporate Senior Vice President of Investor C...
Total Annual Compensation: $466.8K
Corporate Vice President of US Investor Commu...
Total Annual Compensation: $384.4K
Compensation as of Fiscal Year 2014.

broadridge financial solutio (5B9) Key Developments

Broadridge Financial Solutions, Inc Announces Executive Appointments

Broadridge Financial Solutions, Inc. announced the appointments of Liz Pedersen as senior vice president of wealth managed services and Traci Mabrey as head of wealth solutions. In her new role, Pedersen will oversee wealth management operations strategy and managed service, which currently supports 24 clients including 150 introducing brokers. Additionally, Mabrey will oversee the wealth solutions strategy and product management for Broadridge's Global Technology and Operations business, which delivers a suite of front-office to back-office solutions to leading wealth management firms. Pedersen joins Broadridge from UBS where she was a managing director and co-head of the securities services group, overseeing global post-trade processing. Mabrey joins Broadridge from Thomson Reuters where she was most recently head of wealth management market development.

Broadridge Financial Solutions, Inc. Reports Unaudited Consolidated Financial Results for the Third Quarter and Nine Months Ended March 31, 2015; Reaffirms Earnings Guidance for the Full Fiscal Year 2015

Broadridge Financial Solutions, Inc. reported unaudited consolidated financial results for the third quarter and nine months ended March 31, 2015. Revenues for the three months ended March 31, 2015 were $634 million, an increase of $28 million, or 5%, compared to $606 million for the three months ended March 31, 2014. The $28 million increase was driven by higher recurring fee revenues of $19 million, or 5%, higher event driven fee revenues of $9 million, or 25%, and higher distribution revenues of $8 million, or 4%. For the third quarter of fiscal year 2015, net earnings increased 6% to $54 million, compared to $51 million for the prior year period, primarily due to higher revenues and improvement in pretax margins, which increased to 12.9% compared to 12.7% for the same period last year. Adjusted net earnings were $59 million compared to $55 million for the same period last year. Diluted earnings per share increased to $0.43 per share compared to $0.41 per share for the same period last year. Adjusted diluted earnings per share were $0.47 compared to $0.44 per share for the same period last year. Earnings before income taxes were $81.9 million compared to $76.9 million a year ago. Adjusted earnings before income taxes were $89.2 million compared to $83.3 million a year ago. Revenues for the nine months ended March 31, 2015 were $1,765 million, an increase of $93 million, or 6%, compared to $1,672 million for the nine months ended March 31, 2014. The $93 million increase was driven by higher recurring fee revenues of $59 million, or 5%, and higher distribution revenues of $34 million, or 7%. Net earnings decreased 1% to $121 million compared to $123 million for the comparable period last year, primarily due to higher commissions related to the growth in closed sales, higher performance based compensation expenses, the continued expansion of sales capabilities and growth initiatives, higher acquisition related expenses, and additional costs incurred for corporate staffing changes. Adjusted Net earnings were $135 million compared to $134 million for the same period last year. Diluted earnings per share decreased to $0.97 per share compared to $0.99 per share for the comparable period last year. Adjusted Diluted earnings per share were $1.09 compared to $1.08 per share for the comparable period last year. Earnings before income taxes were $183.5 million compared to $188.9 million a year ago. Adjusted earnings before income taxes were $205.1 million compared to $206.7 million a year ago. The company is reaffirming its full year guidance. The company expects recurring fee revenue growth in the range of 5% to 7%, and total revenue growth in the range of 4% to 6%. Adjusted pretax margins in the range of 17.3% to 17.7%, and pretax margins in the range of 16.4% to 16.8%. Adjusted diluted earnings per share in the range of $2.42 to $2.52, and diluted earnings per share in the range of $2.29 to $2.39. Free cash flows in the range of approximately $320 million to $370 million. Net cash flows provided by operating activities will be in the range of $395 - $440 million. Recurring revenue closed sales in the range of $110 million to $150 million. The Adjusted pretax margins and adjusted diluted earnings per share guidance ranges exclude the projected impact of acquisition amortization and other costs. The guidance does not take into consideration the effect of any future acquisitions, additional debt or share repurchases.

Broadridge Financial Solutions, Inc. Declares Quarterly Cash Dividend, Payable on July 1, 2015

Broadridge Financial Solutions, Inc. announced that its board of directors has declared a quarterly cash dividend of $0.27 per share. The dividend is payable on July 1, 2015, to stockholders of record at the close of business on June 17, 2015.

 

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5B9

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Valuation 5B9 Industry Range
Price/Earnings 25.7x
Price/Sales 2.5x
Price/Book 7.2x
Price/Cash Flow 24.8x
TEV/Sales 2.1x
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