Broadridge Financial Solutions, Inc. (BR) Forms $106.89 Double Top; State Of New Jersey Common Pension Fund D Lifted By $4.30 Million Its Halliburton Co (HAL) Holding

April 9, 2018 - By Annabelle Johnson

Broadridge Financial Solutions, Inc. (NYSE:BR) Logo

Broadridge Financial Solutions, Inc. (BR) formed double top with $114.37 target or 7.00% above today’s $106.89 share price. Broadridge Financial Solutions, Inc. (BR) has $12.47 billion valuation. The stock increased 0.32% or $0.34 during the last trading session, reaching $106.89. About 525,891 shares traded. Broadridge Financial Solutions, Inc. (NYSE:BR) has risen 58.90% since April 9, 2017 and is uptrending. It has outperformed by 47.35% the S&P500.

State Of New Jersey Common Pension Fund D increased Halliburton Co (HAL) stake by 28.11% reported in 2017Q4 SEC filing. State Of New Jersey Common Pension Fund D acquired 89,500 shares as Halliburton Co (HAL)’s stock declined 2.35%. The State Of New Jersey Common Pension Fund D holds 407,900 shares with $19.93M value, up from 318,400 last quarter. Halliburton Co now has $40.75B valuation. The stock decreased 0.94% or $0.44 during the last trading session, reaching $46.56. About 8.52 million shares traded. Halliburton Company (NYSE:HAL) has declined 1.88% since April 9, 2017 and is downtrending. It has underperformed by 13.43% the S&P500.

Among 7 analysts covering Broadridge Financial Solutions (NYSE:BR), 1 have Buy rating, 0 Sell and 6 Hold. Therefore 14% are positive. Broadridge Financial Solutions has $101.0 highest and $59 lowest target. $83.40’s average target is -21.98% below currents $106.89 stock price. Broadridge Financial Solutions had 19 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Sell” rating by Zacks given on Friday, August 14. JP Morgan maintained Broadridge Financial Solutions, Inc. (NYSE:BR) on Friday, August 14 with “Neutral” rating. The firm has “Overweight” rating by Barclays Capital given on Monday, November 2. On Tuesday, June 7 the stock rating was downgraded by Raymond James to “Market Perform”. The rating was maintained by Sandler O’Neill with “Hold” on Thursday, February 15. The firm has “Market Perform” rating given on Wednesday, June 15 by Avondale. The stock of Broadridge Financial Solutions, Inc. (NYSE:BR) has “Equal-Weight” rating given on Thursday, November 9 by Barclays Capital. The firm earned “Market Outperform” rating on Friday, January 8 by Avondale. On Wednesday, March 28 the stock rating was maintained by DA Davidson with “Neutral”. As per Wednesday, August 10, the company rating was maintained by Barclays Capital.

Investors sentiment increased to 1.14 in 2017 Q4. Its up 0.13, from 1.01 in 2017Q3. It improved, as 20 investors sold Broadridge Financial Solutions, Inc. shares while 168 reduced holdings. 73 funds opened positions while 141 raised stakes. 95.28 million shares or 0.24% less from 95.51 million shares in 2017Q3 were reported. Jane Street Grp Ltd Liability Com reported 10,376 shares stake. 413,255 were accumulated by Martingale Asset Mngmt Ltd Partnership. Ls Inv Advsr Ltd Company stated it has 0.06% of its portfolio in Broadridge Financial Solutions, Inc. (NYSE:BR). Vanguard Grp holds 10.51M shares. State Of Alaska Department Of Revenue reported 15,685 shares. Art Advisors Ltd Liability Corporation invested in 22,000 shares. Ashfield Capital Prns Ltd Liability holds 0.05% or 4,166 shares in its portfolio. Credit Agricole S A invested in 31,573 shares. Moreover, Mitsubishi Ufj And Corp has 0.04% invested in Broadridge Financial Solutions, Inc. (NYSE:BR). Brinker reported 72,791 shares. Commerzbank Aktiengesellschaft Fi has 0.02% invested in Broadridge Financial Solutions, Inc. (NYSE:BR) for 17,286 shares. State Of Tennessee Treasury Department reported 0.04% stake. Ent Fincl Corp has 19 shares. Dnb Asset Management As accumulated 29,623 shares or 0.03% of the stock. Bp Public Ltd Liability invested in 14,000 shares or 0.05% of the stock.

Analysts await Broadridge Financial Solutions, Inc. (NYSE:BR) to report earnings on May, 9. They expect $0.79 EPS, up 14.49% or $0.10 from last year’s $0.69 per share. BR’s profit will be $92.16 million for 33.83 P/E if the $0.79 EPS becomes a reality. After $0.79 actual EPS reported by Broadridge Financial Solutions, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Since January 2, 2018, it had 0 buys, and 10 insider sales for $8.39 million activity. The insider Voyles Robb L. sold 39,287 shares worth $2.16M. Carre Eric had sold 28,024 shares worth $1.45 million on Friday, January 5. Beaty Anne L. sold $83,844 worth of stock or 1,601 shares. Brown James S sold $713,475 worth of stock or 12,977 shares. 29,025 shares were sold by Miller Jeffrey Allen, worth $1.60 million on Monday, January 22. The insider McKeon Timothy sold 4,583 shares worth $251,835.

Investors sentiment increased to 1.15 in 2017 Q4. Its up 0.30, from 0.85 in 2017Q3. It increased, as 54 investors sold HAL shares while 283 reduced holdings. 125 funds opened positions while 261 raised stakes. 675.47 million shares or 0.60% less from 679.57 million shares in 2017Q3 were reported. Appleton Partners Ma holds 5,775 shares or 0.04% of its portfolio. Weitz Investment Mgmt Incorporated holds 0.26% in Halliburton Company (NYSE:HAL) or 126,980 shares. Riggs Asset Managment holds 0.08% or 3,817 shares in its portfolio. Diligent Investors Ltd Liability Corporation reported 11,059 shares or 0.34% of all its holdings. 472 are held by Plante Moran Fincl Ltd Company. Kynikos Assocs Limited Partnership invested in 0.93% or 53,817 shares. Altfest L J And holds 0.28% or 15,002 shares in its portfolio. Jarislowsky Fraser Limited, Quebec – Canada-based fund reported 25,158 shares. Buckingham Cap Mngmt invested in 243,913 shares. Walleye Trading Lc reported 0.02% stake. Tph Asset Management Limited Company, a Texas-based fund reported 1.01 million shares. Gemmer Asset Mgmt Ltd Liability Company holds 220 shares or 0% of its portfolio. The New York-based Etrade Mgmt Lc has invested 0.1% in Halliburton Company (NYSE:HAL). Hellman Jordan Mngmt Ma has invested 2.52% of its portfolio in Halliburton Company (NYSE:HAL). Jane Street Gru Incorporated Limited Company reported 0.02% of its portfolio in Halliburton Company (NYSE:HAL).

Among 42 analysts covering Halliburton Company (NYSE:HAL), 37 have Buy rating, 0 Sell and 5 Hold. Therefore 88% are positive. Halliburton Company had 151 analyst reports since July 21, 2015 according to SRatingsIntel. Cowen & Co maintained Halliburton Company (NYSE:HAL) rating on Tuesday, October 24. Cowen & Co has “Hold” rating and $50.0 target. The firm has “Buy” rating by Evercore given on Saturday, August 22. The firm earned “Buy” rating on Saturday, September 5 by HSBC. Barclays Capital maintained the shares of HAL in report on Wednesday, February 24 with “Overweight” rating. The stock of Halliburton Company (NYSE:HAL) has “Buy” rating given on Wednesday, January 13 by Seaport Global. Cowen & Co maintained the shares of HAL in report on Wednesday, August 30 with “Hold” rating. The firm has “Hold” rating given on Tuesday, January 26 by HSBC. The rating was maintained by Citigroup with “Buy” on Thursday, October 5. Tudor Pickering initiated the stock with “Buy” rating in Friday, March 24 report. The firm has “Outperform” rating by Bernstein given on Friday, December 2.

Halliburton Company (NYSE:HAL) Institutional Positions Chart