Ronald James Domanico Acquires 3,000 Shares of Brink’s Company (The) (NYSE:BCO) Stock

Brink’s Company (The) (NYSE:BCO) CFO Ronald James Domanico acquired 3,000 shares of Brink’s Company (The) stock in a transaction that occurred on Wednesday, November 1st. The shares were purchased at an average cost of $76.85 per share, with a total value of $230,550.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Ronald James Domanico also recently made the following trade(s):

  • On Thursday, October 26th, Ronald James Domanico acquired 3,000 shares of Brink’s Company (The) stock. The stock was bought at an average price of $77.49 per share, with a total value of $232,470.00.

Shares of Brink’s Company (BCO) opened at $78.35 on Tuesday. The company has a market cap of $3,957.90, a P/E ratio of 26.94 and a beta of 1.70. Brink’s Company has a one year low of $38.48 and a one year high of $87.30. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.21 and a current ratio of 1.21.

Brink’s Company (The) (NYSE:BCO) last released its quarterly earnings results on Wednesday, October 25th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.08. Brink’s Company (The) had a net margin of 2.51% and a return on equity of 35.15%. The firm had revenue of $849.50 million for the quarter, compared to analysts’ expectations of $841.57 million. During the same quarter last year, the company earned $0.64 EPS. The firm’s revenue for the quarter was up 12.4% compared to the same quarter last year. research analysts forecast that Brink’s Company will post 3.05 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Monday, November 13th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, November 10th. This represents a $0.60 dividend on an annualized basis and a yield of 0.77%. Brink’s Company (The)’s payout ratio is currently 37.97%.

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Hedge funds have recently made changes to their positions in the business. Prudential Financial Inc. lifted its holdings in Brink’s Company (The) by 22.5% in the 2nd quarter. Prudential Financial Inc. now owns 448,200 shares of the business services provider’s stock valued at $30,029,000 after purchasing an additional 82,220 shares in the last quarter. AHL Partners LLP purchased a new position in Brink’s Company (The) in the 2nd quarter valued at $919,000. First Trust Advisors LP lifted its holdings in Brink’s Company (The) by 330.5% in the 2nd quarter. First Trust Advisors LP now owns 43,147 shares of the business services provider’s stock valued at $2,891,000 after purchasing an additional 33,125 shares in the last quarter. Alps Advisors Inc. purchased a new position in Brink’s Company (The) in the 2nd quarter valued at $310,000. Finally, State Treasurer State of Michigan purchased a new position in Brink’s Company (The) in the 3rd quarter valued at $1,601,000. Institutional investors own 89.86% of the company’s stock.

A number of analysts recently commented on the stock. Zacks Investment Research upgraded shares of Brink’s Company (The) from a “hold” rating to a “strong-buy” rating and set a $97.00 price target on the stock in a research note on Tuesday, October 10th. Sidoti began coverage on shares of Brink’s Company (The) in a report on Friday, October 20th. They issued a “buy” rating on the stock. ValuEngine upgraded shares of Brink’s Company (The) from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $98.00 price target on shares of Brink’s Company (The) in a research note on Wednesday, October 18th. Finally, Imperial Capital raised shares of Brink’s Company (The) from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $72.00 to $86.00 in a research report on Wednesday, August 9th. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $93.67.

About Brink’s Company (The)

The Brink’s Company (Brink’s) is a provider of logistics and security solutions. The Company operates through nine segments: U.S., France, Mexico, Brazil, Canada, Latin America, EMEA, Asia and Payment Services. The Company’s solutions include cash-in-transit (CIT), automated teller machine (ATM) replenishment and maintenance, cash management services, including vault outsourcing, money processing, and intelligent safe services, international transportation of valuables, and payment services.

Insider Buying and Selling by Quarter for Brink`s Company (The) (NYSE:BCO)

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