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BR

Broadridge

$116.19

1.23 (1.07%)

07:13
08/07/18
08/07
07:13
08/07/18
07:13

Broadridge raises annual dividend 33% to $1.94 per share

On August 6, Broadridge's Board of Directors declared a quarterly dividend of 48.5c per share payable on October 3 to shareholders of record on September 18. This declaration reflects the Board's approval of an increase in the annual dividend amount by 33% from $1.46 to $1.94, subject to the discretion of the Board to declare quarterly dividends. With this increase, the company's annual divided has increased for the eleventh consecutive year since becoming a public company in 2007.

  • 07

    Aug

BR Broadridge
$116.19

1.23 (1.07%)

08/07/17
DADA
08/07/17
INITIATION
Target $74
DADA
Neutral
Broadridge initiated with a Neutral at DA Davidson
DA Davidson analyst Peter Heckmann started Broadridge Financial Solutions with a Neutral rating and $74 price target. The analyst views the risk/reward as balanced at current share levels
08/08/17
08/08/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Amazon.com (AMZN), Alphabet (GOOG, GOOGL), and Facebook (FB) were reinstated with a Buy at Mizuho, while eBay (EBAY) and Twitter (TWTR) were reinstated with an Underperform. 2. Broadridge (BR) initiated with a Neutral at DA Davidson. 3. Brighthouse Financial (BHF) initiated with an Overweight at Barclays. 4. Akcea Therapeutics (AKCA) WAS initiated with an Outperform at BMO Capital and Cowen, an Outperform at Wells Fargo, as well as a Buy at Stifel. 5. Lockheed Martin (LMT) and Raytheon (RTN) were initiated with an Overweight at Morgan Stanley, while Northrop Grumman (NOC) was initiated with an Equal Weight, and General Dynamics (GD) was initiated with an Underweight at the firm. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
11/09/17
DADA
11/09/17
NO CHANGE
Target $86
DADA
Neutral
Broadridge price target raised to $86 from $80 at DA Davidson
DA Davidson analyst Peter Heckmann raised his price target on Broadridge to $86 and kept his Neutral rating following Q1 results. Heckmann estimates the company's organic revenue growth around 2%-3%, adding that while as much as 80% of its sales are "contractually recurring and fairly predictable", earnings variations are possible due to high-margin equity trade processing and event-driven proxy revenue streams.
07/17/18
WOLF
07/17/18
INITIATION
Target $128
WOLF
Peer Perform
Broadridge initiated with a Peer Perform at Wolfe Research
Wolfe Research analyst Darrin Peller started Broadridge with a Peer Perform rating and $128 price target.Target $128.

TODAY'S FREE FLY STORIES

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AVLR

Avalara

$34.68

-1.375 (-3.81%)

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XLNX

Xilinx

$70.61

-0.56 (-0.79%)

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IVC

Invacare

$16.50

0.15 (0.92%)

21:30
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  • 12

    Sep

PRO

Pros Holdings

$35.39

-1.91 (-5.12%)

20:39
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20:39
Syndicate
Pros Holdings 3.8M share Secondary priced at $34.00 »

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  • 20

    Aug

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    Aug

  • 06

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  • 16

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IIN

IntriCon

$63.85

-4.9 (-7.13%)

20:34
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20:34
Syndicate
IntriCon 1.5M share Secondary priced at $55.00 »

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  • 06

    Sep

  • 16

    Aug

ADUS

Addus HomeCare

$59.35

-3.1 (-4.96%)

20:33
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Syndicate
Addus HomeCare 2.1M share Secondary priced at $59.00 »

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  • 16

    Aug

LABL

Multi-Color

$63.90

-1 (-1.54%)

20:32
08/15/18
08/15
20:32
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20:32
Downgrade
Multi-Color rating change at KeyBanc »

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WMT

Walmart

$90.24

-0.565 (-0.62%)

, JCP

J.C. Penney

$2.40

-0.24 (-9.09%)

20:25
08/15/18
08/15
20:25
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20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

WMT

Walmart

$90.24

-0.565 (-0.62%)

JCP

J.C. Penney

$2.40

-0.24 (-9.09%)

03/08/13
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  • 16

    Aug

  • 16

    Aug

WUBA

58.com

$58.59

-3.27 (-5.29%)

19:09
08/15/18
08/15
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19:09
Hot Stocks
Breaking Hot Stocks news story on 58.com »

58.com sees Q3 revenue…

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  • 16

    Aug

  • 10

    Sep

WUBA

58.com

$58.59

-3.27 (-5.29%)

19:08
08/15/18
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19:08
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Earnings
58.com reports Q2 adjusted earnings per ADS 82c, consensus 68c »

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  • 16

    Aug

  • 10

    Sep

WAIR

Wesco Aircraft

$13.65

-0.3 (-2.15%)

19:07
08/15/18
08/15
19:07
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19:07
Initiation
Wesco Aircraft initiated at UBS »

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TGI

Triumph Group

$21.10

-0.9 (-4.09%)

19:07
08/15/18
08/15
19:07
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19:07
Initiation
Triumph Group initiated at UBS »

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HXL

Hexcel

$68.40

-1.13 (-1.63%)

19:06
08/15/18
08/15
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Initiation
Hexcel initiated at UBS »

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  • 06

    Nov

ERJ

Embraer

$18.64

-0.495 (-2.59%)

19:05
08/15/18
08/15
19:05
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19:05
Initiation
Embraer initiated at UBS »

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CW

Curtiss-Wright

$130.92

-2.42 (-1.81%)

19:04
08/15/18
08/15
19:04
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19:04
Initiation
Curtiss-Wright initiated at UBS »

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LLL

L3 Technologies

$208.08

-1.73 (-0.82%)

19:03
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Initiation
L3 Technologies initiated at UBS »

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GD

General Dynamics

$192.29

-1.33 (-0.69%)

19:03
08/15/18
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Initiation
General Dynamics initiated at UBS »

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BDRBF

Bombardier

$0.00

(0.00%)

19:02
08/15/18
08/15
19:02
08/15/18
19:02
Initiation
Bombardier initiated at UBS »

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HEI

Heico

$76.50

-1.81 (-2.31%)

19:00
08/15/18
08/15
19:00
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19:00
Initiation
Heico initiated at UBS »

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  • 28

    Aug

  • 13

    Sep

  • 06

    Nov

HRS

Harris

$162.73

-2.15 (-1.30%)

18:59
08/15/18
08/15
18:59
08/15/18
18:59
Initiation
Harris initiated at UBS »

Harris initiated with a…

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NOC

Northrop Grumman

$291.52

-2.35 (-0.80%)

18:59
08/15/18
08/15
18:59
08/15/18
18:59
Initiation
Northrop Grumman initiated at UBS »

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PNC

PNC Financial

$142.03

-0.7 (-0.49%)

, WFC

Wells Fargo

$57.99

-0.08 (-0.14%)

18:57
08/15/18
08/15
18:57
08/15/18
18:57
Periodicals
PNC faces subpoenas over low-income housing tax credits, Bloomberg says »

PNC Financial (PNC) has…

PNC

PNC Financial

$142.03

-0.7 (-0.49%)

WFC

Wells Fargo

$57.99

-0.08 (-0.14%)

03/08/13
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  • 12

    Oct

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    Apr

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    Jul

  • 15

    Oct

UTX

United Technologies

$131.75

-0.65 (-0.49%)

18:57
08/15/18
08/15
18:57
08/15/18
18:57
Initiation
United Technologies initiated at UBS »

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03/08/13
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03/06/13
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  • 17

    Aug

B

Barnes Group

$65.59

-0.26 (-0.39%)

18:56
08/15/18
08/15
18:56
08/15/18
18:56
Initiation
Barnes Group initiated at UBS »

Barnes Group initiated…

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