Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in Brink’s Company (The) (NYSE:BCO – Free Report) by 22.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,891 shares of the business services provider’s stock after purchasing an additional 5,940 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.08% of Brink’s worth $3,844,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BCO. SG Capital Management LLC acquired a new position in shares of Brink’s during the second quarter valued at about $8,842,000. Edgestream Partners L.P. increased its stake in Brink’s by 78.3% during the 2nd quarter. Edgestream Partners L.P. now owns 51,949 shares of the business services provider’s stock valued at $4,639,000 after purchasing an additional 22,810 shares in the last quarter. Capital Fund Management S.A. purchased a new position in shares of Brink’s in the second quarter worth $1,341,000. Vest Financial LLC lifted its stake in shares of Brink’s by 69.8% during the third quarter. Vest Financial LLC now owns 41,341 shares of the business services provider’s stock worth $4,831,000 after buying an additional 16,987 shares during the period. Finally, Norges Bank purchased a new stake in shares of Brink’s during the second quarter valued at $45,512,000. 94.96% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Brink’s
In related news, insider Michael E. Sweeney sold 1,418 shares of the company’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $119.50, for a total value of $169,451.00. Following the completion of the transaction, the insider owned 5,755 shares of the company’s stock, valued at approximately $687,722.50. This represents a 19.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.72% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets
Read Our Latest Research Report on Brink’s
Brink’s Stock Up 0.2%
Brink’s stock opened at $125.52 on Wednesday. The business’s 50-day moving average price is $118.76 and its 200 day moving average price is $112.28. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 9.14. The firm has a market cap of $5.22 billion, a price-to-earnings ratio of 32.10 and a beta of 1.10. Brink’s Company has a 52 week low of $80.10 and a 52 week high of $127.19.
Brink’s (NYSE:BCO – Get Free Report) last issued its quarterly earnings data on Wednesday, November 5th. The business services provider reported $2.08 EPS for the quarter, missing analysts’ consensus estimates of $2.09 by ($0.01). Brink’s had a return on equity of 93.16% and a net margin of 3.31%.The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same period in the previous year, the business earned $1.51 EPS. Brink’s’s revenue for the quarter was up 6.0% compared to the same quarter last year. Brink’s has set its Q4 2025 guidance at 2.280-2.680 EPS. As a group, sell-side analysts anticipate that Brink’s Company will post 6.49 earnings per share for the current year.
Brink’s declared that its Board of Directors has initiated a share repurchase plan on Thursday, December 11th that allows the company to buyback $750.00 million in outstanding shares. This buyback authorization allows the business services provider to buy up to 15.4% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.
Brink’s Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Monday, February 2nd will be given a dividend of $0.255 per share. The ex-dividend date is Monday, February 2nd. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.8%. Brink’s’s dividend payout ratio (DPR) is 26.09%.
About Brink’s
The Brink’s Company (NYSE: BCO) is a global leader in secure logistics and cash management solutions. The company provides a comprehensive suite of services that span armored transportation, cash-in-transit (CIT), ATM services, smart safe solutions, and valuables storage. Through its network of service centers and armored vehicles, Brink’s ensures the safe and efficient movement of currency, precious metals, and other high-value assets for banks, retailers, mints, and government agencies.
Brink’s armored transport operations are complemented by technology-driven cash management offerings, including deposit automation and secure vaulting.
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