Brink’s Company (The) (NYSE:BCO) Director George I. Stoeckert acquired 2,700 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The stock was purchased at an average cost of $80.55 per share, with a total value of $217,485.00. Following the acquisition, the director now directly owns 12,014 shares of the company’s stock, valued at $967,727.70. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

Brink’s Company (NYSE:BCO) remained flat at $$80.45 during midday trading on Tuesday. 190,800 shares of the company’s stock were exchanged, compared to its average volume of 422,000. The company has a market capitalization of $4,061.39, a PE ratio of 27.65 and a beta of 1.71. 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 12 month low of $40.85 and a 12 month high of $87.30.

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

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

Several institutional investors have recently made changes to their positions in the company. Arizona State Retirement System lifted its position in shares of Brink’s by 0.4% in the second quarter. Arizona State Retirement System now owns 23,608 shares of the business services provider’s stock valued at $1,582,000 after acquiring an additional 100 shares in the last quarter. Ameritas Investment Partners Inc. lifted its position in shares of Brink’s by 3.5% in the second quarter. Ameritas Investment Partners Inc. now owns 4,027 shares of the business services provider’s stock valued at $270,000 after acquiring an additional 136 shares in the last quarter. Amalgamated Bank lifted its position in shares of Brink’s by 6.3% in the second quarter. Amalgamated Bank now owns 6,335 shares of the business services provider’s stock valued at $424,000 after acquiring an additional 378 shares in the last quarter. Municipal Employees Retirement System of Michigan lifted its position in shares of Brink’s by 4.5% in the second quarter. Municipal Employees Retirement System of Michigan now owns 10,720 shares of the business services provider’s stock valued at $718,000 after acquiring an additional 460 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in shares of Brink’s by 1.8% in the second quarter. The Manufacturers Life Insurance Company now owns 35,406 shares of the business services provider’s stock valued at $2,372,000 after acquiring an additional 635 shares in the last quarter. Institutional investors and hedge funds own 90.56% of the company’s stock.

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

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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.

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

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