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.
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