ValuEngine cut shares of Brink’s (NYSE:BCO) from a buy rating to a hold rating in a report released on Friday morning.

Several other research analysts also recently weighed in on BCO. Imperial Capital raised Brink’s from an in-line rating to an outperform rating and upped their target price for the stock from $72.00 to $86.00 in a research note on Wednesday, August 9th. Zacks Investment Research downgraded Brink’s from a strong-buy rating to a hold rating in a research note on Monday, September 18th. SunTrust Banks reaffirmed a buy rating and set a $98.00 target price on shares of Brink’s in a research note on Wednesday, October 18th. Finally, Sidoti started coverage on Brink’s in a research note on Friday, October 20th. They set a buy rating for the company. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus price target of $93.67.

Brink’s (BCO) traded down $1.00 during trading on Friday, reaching $79.85. The company’s stock had a trading volume of 474,947 shares, compared to its average volume of 425,196. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.20. Brink’s has a 1-year low of $38.48 and a 1-year high of $87.30. The stock has a market cap of $4,081.58, a price-to-earnings ratio of 27.78 and a beta of 1.71.

Brink’s (NYSE:BCO) last released its quarterly earnings data on Wednesday, October 25th. The business services provider reported $0.83 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.75 by $0.08. Brink’s had a return on equity of 35.15% and a net margin of 2.51%. The business had revenue of $849.50 million for the quarter, compared to analyst estimates of $841.57 million. During the same quarter in the prior year, the firm posted $0.64 EPS. The business’s quarterly revenue was up 12.4% compared to the same quarter last year. sell-side analysts forecast that Brink’s will post 3.05 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Monday, November 13th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.75%. The ex-dividend date was Friday, November 10th. Brink’s’s payout ratio is 37.97%.

In other news, insider Douglas A. Pertz acquired 6,570 shares of Brink’s stock in a transaction that occurred on Thursday, November 2nd. The stock was purchased at an average cost of $76.18 per share, with a total value of $500,502.60. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Ronald James Domanico acquired 3,000 shares of Brink’s stock in a transaction that occurred on Thursday, October 26th. The stock was purchased at an average cost of $77.49 per share, with a total value of $232,470.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders have bought 15,150 shares of company stock valued at $1,163,463. Corporate insiders own 10.40% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Prudential Financial Inc. raised its stake in Brink’s 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 during the last quarter. AHL Partners LLP acquired a new position in Brink’s in the 2nd quarter valued at $919,000. First Trust Advisors LP raised its stake in Brink’s 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 during the last quarter. Alps Advisors Inc. acquired a new position in Brink’s in the 2nd quarter valued at $310,000. Finally, State Treasurer State of Michigan acquired a new position in Brink’s in the 3rd quarter valued at $1,601,000. 90.53% of the stock is owned by hedge funds and other institutional investors.

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About Brink’s

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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