George I. Stoeckert Buys 2,000 Shares of Brink's (BCO) Stock

Brink's (NYSE:BCO) Director George I. Stoeckert acquired 2,000 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were bought at an average price of $75.87 per share, with a total value of $151,740.00. Following the completion of the transaction, the director now owns 15,714 shares in the company, valued at $1,192,221.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Brink's (NYSE:BCO) traded down $1.00 during mid-day trading on Tuesday, reaching $72.70. 391,011 shares of the company were exchanged, compared to its average volume of 450,240. The firm has a market cap of $3,834.21, a PE ratio of 234.52, a price-to-earnings-growth ratio of 0.98 and a beta of 1.71. Brink's has a twelve month low of $47.30 and a twelve month high of $88.10. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.21 and a current ratio of 1.89.

Brink's (NYSE:BCO) last released its quarterly earnings data on Wednesday, February 7th. The business services provider reported $0.95 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.96 by ($0.01). The company had revenue of $903.00 million for the quarter, compared to analyst estimates of $851.35 million. Brink's had a return on equity of 36.76% and a net margin of 0.50%. Brink's’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.87 earnings per share. analysts predict that Brink's will post 3.76 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Thursday, February 8th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date is Wednesday, February 7th. Brink's’s dividend payout ratio is 193.55%.

Hedge funds and other institutional investors have recently made changes to their positions in the business. AHL Partners LLP acquired a new position in Brink's in the 2nd quarter valued at approximately $919,000. JPMorgan Chase & Co. increased its position in Brink's by 101.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 224,285 shares of the business services provider’s stock valued at $18,582,000 after acquiring an additional 112,757 shares during the period. Alps Advisors Inc. increased its position in Brink's by 126.8% in the 3rd quarter. Alps Advisors Inc. now owns 10,493 shares of the business services provider’s stock valued at $884,000 after acquiring an additional 5,866 shares during the period. Capital Growth Management LP increased its position in Brink's by 50.0% in the 3rd quarter. Capital Growth Management LP now owns 15,000 shares of the business services provider’s stock valued at $1,264,000 after acquiring an additional 5,000 shares during the period. Finally, ING Groep NV acquired a new position in Brink's in the 3rd quarter valued at approximately $521,000. Hedge funds and other institutional investors own 88.13% of the company’s stock.

BCO has been the subject of a number of research analyst reports. SunTrust Banks reiterated a “buy” rating and set a $98.00 price objective on shares of Brink's in a research report on Wednesday, October 18th. Gabelli upgraded shares of Brink's from a “hold” rating to a “buy” rating in a research report on Thursday, February 8th. Sidoti reiterated a “neutral” rating and set a $94.00 price objective on shares of Brink's in a research report on Friday, December 15th. Zacks Investment Research cut shares of Brink's from a “buy” rating to a “hold” rating in a research report on Friday, January 19th. Finally, Imperial Capital reiterated an “outperform” rating and set a $100.00 price objective (up from $86.00) on shares of Brink's in a research report on Thursday, January 18th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $93.50.

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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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