PNC Financial Services Group Inc. lifted its holdings in shares of Broadridge Financial Solutions, Inc. ( NYSE:BR – Free Report ) by 1.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,948 shares of the business services provider’s stock after purchasing an additional 504 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Broadridge Financial Solutions were worth $10,740,000 at the end of the most recent quarter. Several other institutional investors also recently modified their holdings of BR. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Broadridge Financial Solutions in the 3rd quarter worth about $44,746,000. Meeder Asset Management Inc. boosted its stake in Broadridge Financial Solutions by 0.4% in the third quarter. Meeder Asset Management Inc. now owns 41,583 shares of the business services provider’s stock worth $8,942,000 after buying an additional 176 shares in the last quarter. Caprock Group LLC grew its position in Broadridge Financial Solutions by 12.0% during the third quarter. Caprock Group LLC now owns 4,113 shares of the business services provider’s stock valued at $888,000 after acquiring an additional 440 shares during the last quarter. Pathstone Holdings LLC raised its stake in shares of Broadridge Financial Solutions by 0.4% during the third quarter. Pathstone Holdings LLC now owns 20,791 shares of the business services provider’s stock worth $4,473,000 after acquiring an additional 87 shares in the last quarter. Finally, Strengthening Families & Communities LLC lifted its holdings in shares of Broadridge Financial Solutions by 6.6% in the 3rd quarter. Strengthening Families & Communities LLC now owns 12,541 shares of the business services provider’s stock worth $2,697,000 after acquiring an additional 779 shares during the last quarter. 90.03% of the stock is currently owned by institutional investors. Broadridge Financial Solutions Trading Up 1.2 % Shares of BR opened at $230.24 on Friday. Broadridge Financial Solutions, Inc. has a 1-year low of $185.30 and a 1-year high of $230.30. The firm has a market capitalization of $26.91 billion, a price-to-earnings ratio of 39.83 and a beta of 1.05. The firm’s 50-day moving average price is $217.12 and its 200-day moving average price is $208.88. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 1.63. Broadridge Financial Solutions Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Friday, December 13th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.53%. The ex-dividend date of this dividend is Friday, December 13th. Broadridge Financial Solutions’s payout ratio is currently 60.90%. Wall Street Analysts Forecast Growth Several analysts have issued reports on the stock. Royal Bank of Canada restated an “outperform” rating and set a $246.00 price target on shares of Broadridge Financial Solutions in a research report on Wednesday, November 6th. StockNews.com cut shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a report on Saturday, November 9th. UBS Group started coverage on shares of Broadridge Financial Solutions in a report on Thursday. They set a “neutral” rating and a $250.00 price target for the company. Morgan Stanley raised their price target on shares of Broadridge Financial Solutions from $200.00 to $207.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 6th. Finally, JPMorgan Chase & Co. increased their target price on shares of Broadridge Financial Solutions from $224.00 to $225.00 and gave the stock a “neutral” rating in a report on Tuesday, August 20th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $222.43. View Our Latest Analysis on BR Insider Buying and Selling at Broadridge Financial Solutions In related news, Chairman Richard J. Daly sold 21,938 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $207.66, for a total transaction of $4,555,645.08. Following the completion of the sale, the chairman now owns 105,094 shares of the company’s stock, valued at $21,823,820.04. This trade represents a 17.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Also, insider Douglas Richard Deschutter sold 24,185 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $220.21, for a total value of $5,325,778.85. Following the completion of the transaction, the insider now directly owns 27,137 shares in the company, valued at $5,975,838.77. This trade represents a 47.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last quarter, insiders sold 84,033 shares of company stock valued at $18,149,572. Corporate insiders own 1.30% of the company’s stock. Broadridge Financial Solutions Profile ( Free Report ) Broadridge Financial Solutions, Inc provides investor communications and technology-driven solutions for the financial services industry. 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; and distributes regulatory reports, class action, and corporate action/reorganization event information, as well as tax reporting solutions. Recommended Stories Receive News & Ratings for Broadridge Financial Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Broadridge Financial Solutions and related companies with MarketBeat.com's FREE daily email newsletter .
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EAGAN, Minn. (AP) — Justin Jefferson might be weary of all the safeties shadowing his every route, determined not to let the Minnesota Vikings go deep, but he's hardly angry. The double and triple coverage he continually faces, after all, is a sign of immense respect for his game-breaking ability. The strategy also simply makes sense. “I would do the same," Jefferson said. "It’s either let everybody else go off or let Justin go off. I’m going to let everybody else go off. That would be my game plan.” When the Vikings visit Chicago on Sunday, they're expecting the usual heavy dose of split-safety coverage designed to put a lid on the passing attack and force them to operate primarily underneath. “We see that every week: Teams just have different tendencies on film, and then when we go out on the field they play us totally different,” Jefferson said, later adding: “I don’t really feel like anyone else is getting played how I’m getting played.” Jefferson nonetheless is second in the NFL in receiving yards (912) behind Cincinnati's Ja'Marr Chase, his former college teammate at LSU. Last week, Jefferson set yet another all-time record by passing Torry Holt for the most receiving yards over the first five seasons of a career. Holt logged 80 regular-season games and accumulated 6,784 yards for St. Louis. Jefferson has 6,811 yards — in just 70 games. “I want to go up against those single coverages. I want to go have my opportunities to catch a deep pass downfield, just one-on-one coverage, like a lot of these other receivers get," Jefferson said. "It’s definitely difficult going up against an extra person or an extra two people, but it is what it is and the concepts that we’re drawing up and the ways that we’re trying to get me open, it definitely helps.” With fellow tight end Josh Oliver ruled out of the game on Sunday because of a sprained ankle, T.J. Hockenson is certain to have his heaviest workload since returning from knee surgery four weeks ago. He's also certain that Jefferson will continue to see persistent double-teams. “It puts it on us to make some plays and do some things to get them out of that,” Hockenson said. Vikings coach Kevin O'Connell has been forced to dig deeper into the vault of play designs and game plans to help keep quarterback Sam Darnold and the offense on track. O'Connell said after Minnesota's 12-7 win at Jacksonville, when Darnold threw three interceptions to precipitate a safer strategy down the stretch, that he superseded his play-calling role with the wisdom of a head coach to help win that game. "Not just the egomaniac of wanting to score points and constantly show everybody how smart we are. There was a mode that I think you have to go into sometimes to ensure a victory,” O'Connell said on his weekly show on KFAN radio. Taking what the defense gives is usually the shrewdest strategy. “You’ve got to really implement some new things and some things that maybe you didn’t come across during your early coaching years whether as a coordinator or position coach or even when you’re responsible for a small area of the game plan as a younger coach," O'Connell said. "You really have to kind of look outside the lens of always what you see on tape.” AP NFL: https://apnews.com/hub/NFL
Deaths from starvation will likely pass famine levels in northern Gaza as soon as next month owing to Israel 's “near-total blockade” of food and other aid, the U.S.-created global food-crisis monitor said on Tuesday. The finding by the Famine Early Warning System Network appeared to expose a rift within the Biden administration over the extent of starvation in northern Gaza, with the U.S. ambassador to Israel, Jacob Lew , disputing part of the data used in reaching the conclusion and calling the stepped-up famine warning “irresponsible." Northern Gaza has been one of the areas hardest-hit by fighting and Israel's restrictions on aid throughout its 14-month war with Hamas militants. Israel at one point increased the number of aid deliveries it permitted into northern Gaza under pressure from President Joe Biden . But the U.N. and aid groups say Israel recently has blocked almost all aid again. Only nine U.N. trucks have been able to bring in food and water over the past 2 1/2 months, Oxfam says. Israel says it has been operating in recent months against Hamas militants still active in northern Gaza. It says the vast majority of the area’s residents have fled and relocated to Gaza City, where most aid destined for the north is delivered. But some critics, including a former defense minister, have accused Israel of carrying out ethnic cleansing in Gaza’s far north, near the Israeli border. FEWS Net said unless Israel changes its policy, it expects the number of people dying of starvation and related ailments in northern Gaza to reach between two and 15 per day sometime between next month and March. The internationally recognized mortality threshold for famine is two or more deaths a day per 10,000 people. Cindy McCain, the American head of the U.N. World Food Program, in a Dec. 15 appearance on CBS' “Face the Nation” called for political pressure to get food flowing to Palestinians trapped in north Gaza. “We need unfettered access. We need a ceasefire and we need it now,” she said. “We can't ... sit by and just allow these people to starve to death.” FEWS Net was created by the U.S. Agency for International Development in the mid-1980s to warn of global food crises. The United States, Israel's main backer, provided a record amount of military support in the first year of the war. At the same time, the Biden administration repeatedly urged Israel to allow more access to aid deliveries in Gaza overall, and warned that failing to do so could trigger U.S. restrictions on military support. The administration recently said Israel was making improvements and declined to carry out its threat of restrictions. Military support for Israel's war in Gaza is politically charged in the United States. Republicans and some Democrats have staunchly opposed any effort to limit U.S. support over the suffering of Palestinian civilians trapped in the conflict. The Biden administration's reluctance to do more to press Israel for improved treatment of civilians undercut support for Democrats in last month's elections. Lew, the U.S. ambassador, challenged the famine warning in a posting on social media, saying it was based on “outdated and inaccurate” data. He pointed to uncertainty over how many of the 65,000 people remaining in northern Gaza had fled in recent weeks, saying that skewed the findings. FEWS said its famine assessment holds even if as few as 10,000 remain there. “We work day and night with the U.N. and our Israeli partners to meet humanitarian needs — which are great — and relying on inaccurate data is irresponsible.,” Lew wrote. ___ AP writers Matthew Lee in Washington and Josef Federman in Jerusalem contributed to this report.