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South Korea's National Pension Service increased its stake in Broadridge Financial to 171,777 shares, worth $41.7 million.
The National Pension Service of South Korea increased its stake in Broadridge Financial Solutions (BR) by 1,308 shares, bringing its total to 171,777 shares valued at $41.7 million.
CWS Financial Advisors LLC also boosted its position by 23.4% during the second quarter.
The company reported second-quarter earnings of $0.73 per share on $1.05 billion in revenue, with a 13.11% net margin and a 43.28% return on equity.
Broadridge announced a quarterly dividend of $0.975, yielding 1.7%, and analysts maintain a consensus "Hold" rating with an average price target of $259.83.
The stock trades near $225.92, with a market cap of $26.37 billion.
CEO Timothy C. Gokey sold 5,674 shares for $1.47 million, reducing his ownership by 3.81%.
Insiders collectively own 1.10% of the company, and institutional investors hold 90.03%.
El Servicio Nacional de Pensiones de Corea del Sur aumentó su participación en Broadridge Financial a 171,777 acciones, por un valor de $41.7 millones.