Brink’s Company (The) (BCO) CEO Buys $100,100.00 in Stock

Brink’s Company (The) (NYSE:BCO) CEO Douglas A. Pertz bought 1,300 shares of Brink’s Company (The) stock in a transaction that occurred on Monday, October 30th. The shares were acquired at an average cost of $77.00 per share, for a total transaction of $100,100.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Douglas A. Pertz also recently made the following trade(s):

  • On Thursday, October 26th, Douglas A. Pertz bought 1,280 shares of Brink’s Company (The) stock. The shares were acquired at an average cost of $78.00 per share, for a total transaction of $99,840.00.

Brink’s Company (The) (NYSE:BCO) last posted 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. Brink’s Company (The) had a return on equity of 35.15% and a net margin of 2.51%. The business had revenue of $849.50 million during the quarter, compared to the consensus estimate of $841.57 million. During the same period in the previous year, the business earned $0.64 EPS. The business’s quarterly revenue was up 12.4% on a year-over-year basis.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Monday, November 13th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend is Friday, November 10th. Brink’s Company (The)’s payout ratio is currently 37.97%.

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Several institutional investors have recently bought and sold shares of BCO. First Trust Advisors LP purchased a new stake in shares of Brink’s Company (The) in the 1st quarter valued at about $536,000. UBS Asset Management Americas Inc. lifted its holdings in shares of Brink’s Company (The) by 8.1% in the 1st quarter. UBS Asset Management Americas Inc. now owns 30,651 shares of the business services provider’s stock valued at $1,638,000 after purchasing an additional 2,285 shares during the last quarter. Neuberger Berman Group LLC purchased a new stake in shares of Brink’s Company (The) in the 1st quarter valued at about $220,000. FMR LLC lifted its holdings in shares of Brink’s Company (The) by 1.0% in the 1st quarter. FMR LLC now owns 465,290 shares of the business services provider’s stock valued at $24,870,000 after purchasing an additional 4,639 shares during the last quarter. Finally, Teachers Advisors LLC lifted its holdings in shares of Brink’s Company (The) by 30.8% in the 1st quarter. Teachers Advisors LLC now owns 105,959 shares of the business services provider’s stock valued at $5,664,000 after purchasing an additional 24,962 shares during the last quarter. 90.53% of the stock is owned by institutional investors and hedge funds.

BCO has been the topic of a number of research reports. Imperial Capital raised Brink’s Company (The) from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $72.00 to $86.00 in a report on Wednesday, August 9th. Zacks Investment Research lowered Brink’s Company (The) from a “strong-buy” rating to a “hold” rating in a report on Monday, September 18th. ValuEngine lowered Brink’s Company (The) from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Sidoti initiated coverage on Brink’s Company (The) in a report on Friday, October 20th. They issued a “buy” rating on the stock. Finally, SunTrust Banks, Inc. reissued a “buy” rating and issued a $98.00 price objective on shares of Brink’s Company (The) in a report on Wednesday, October 18th. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $93.67.

Brink’s Company (The) 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 Company (The) (NYSE:BCO)

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