Brink’s Company (The) (NYSE:BCO) Director George I. Stoeckert purchased 1,000 shares of the company’s stock in a transaction on Friday, December 8th. The shares were bought at an average price of $80.40 per share, for a total transaction of $80,400.00. Following the completion of the transaction, the director now directly owns 12,014 shares in the company, valued at approximately $965,925.60. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Brink’s Company (NYSE:BCO) traded down $1.60 during midday trading on Friday, hitting $79.15. 538,700 shares of the company were exchanged, compared to its average volume of 421,417. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.21 and a quick ratio of 1.21. Brink’s Company has a twelve month low of $40.95 and a twelve month high of $87.30. The company has a market cap of $4,076.53, a P/E ratio of 27.75 and a beta of 1.71.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Monday, November 13th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, November 10th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.76%. Brink’s’s payout ratio is currently 37.97%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BCO. Aperio Group LLC raised its holdings in shares of Brink’s by 16.1% in the 2nd quarter. Aperio Group LLC now owns 12,789 shares of the business services provider’s stock worth $857,000 after purchasing an additional 1,772 shares in the last quarter. Municipal Employees Retirement System of Michigan raised its holdings in shares of Brink’s by 4.5% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 10,720 shares of the business services provider’s stock worth $718,000 after purchasing an additional 460 shares in the last quarter. Great West Life Assurance Co. Can raised its holdings in shares of Brink’s by 4.1% in the 2nd quarter. Great West Life Assurance Co. Can now owns 66,601 shares of the business services provider’s stock worth $4,458,000 after purchasing an additional 2,615 shares in the last quarter. Daiwa Securities Group Inc. bought a new stake in shares of Brink’s in the 2nd quarter worth approximately $114,000. Finally, World Asset Management Inc bought a new stake in shares of Brink’s in the 2nd quarter worth approximately $201,000. Institutional investors and hedge funds own 90.56% of the company’s stock.

A number of analysts have commented on BCO shares. SunTrust Banks restated a “buy” rating and set a $98.00 price target on shares of Brink’s in a research report on Wednesday, October 18th. ValuEngine upgraded shares of Brink’s from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Sidoti started coverage on shares of Brink’s in a research report on Friday, October 20th. They set a “buy” rating on the stock. Finally, Zacks Investment Research upgraded shares of Brink’s from a “hold” rating to a “strong-buy” rating and set a $97.00 price target on the stock in a research report on Tuesday, October 10th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $93.67.

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Brink’s Company Profile

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 (NYSE:BCO)

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