Brink’s (NYSE:BCO) SVP Rohan Pal sold 4,524 shares of the company’s stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $76.46, for a total value of $345,905.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Shares of BCO opened at $72.69 on Friday. The stock has a market capitalization of $3.68 billion, a PE ratio of 21.01, a price-to-earnings-growth ratio of 1.30 and a beta of 1.52. Brink’s has a fifty-two week low of $59.08 and a fifty-two week high of $85.00. The company has a debt-to-equity ratio of 9.33, a quick ratio of 1.53 and a current ratio of 1.39.
Brink’s (NYSE:BCO) last issued its earnings results on Wednesday, February 6th. The business services provider reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.05. The company had revenue of $907.70 million for the quarter, compared to the consensus estimate of $925.06 million. Brink’s had a positive return on equity of 68.11% and a negative net margin of 0.96%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.95 EPS. On average, sell-side analysts expect that Brink’s will post 4.22 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 8th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, February 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.83%. Brink’s’s dividend payout ratio is 17.34%.
Institutional investors and hedge funds have recently modified their holdings of the company. Quantamental Technologies LLC acquired a new position in Brink’s in the fourth quarter worth approximately $44,000. NumerixS Investment Technologies Inc acquired a new position in Brink’s in the fourth quarter worth approximately $44,000. Bremer Trust National Association acquired a new position in Brink’s in the fourth quarter worth approximately $86,000. ETF Managers Group LLC increased its holdings in Brink’s by 18.1% in the fourth quarter. ETF Managers Group LLC now owns 1,865 shares of the business services provider’s stock worth $121,000 after buying an additional 286 shares during the last quarter. Finally, Ffcm LLC increased its holdings in Brink’s by 1,899.1% in the fourth quarter. Ffcm LLC now owns 2,199 shares of the business services provider’s stock worth $142,000 after buying an additional 2,089 shares during the last quarter. Institutional investors own 97.08% of the company’s stock.
Separately, Zacks Investment Research downgraded Brink’s from a “hold” rating to a “sell” rating in a report on Thursday, December 27th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $93.00.
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Brink’s Company Profile
The Brink's Company provides secure transportation, cash management, and other security-related services worldwide. The company offers cash-in-transit services, including armored vehicle transportation of valuables; automated teller machine (ATM) services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation, and first and second line maintenance; and network infrastructure services.
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