Brink’s Company (The) (NYSE:BCO) CFO Ronald James Domanico purchased 3,000 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The shares were bought at an average cost of $76.85 per share, with a total value of $230,550.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Ronald James Domanico also recently made the following trade(s):
- On Thursday, October 26th, Ronald James Domanico purchased 3,000 shares of Brink’s Company (The) stock. The shares were bought at an average cost of $77.49 per share, with a total value of $232,470.00.
Brink’s Company (BCO) opened at $77.35 on Monday. The firm has a market cap of $3,904.89, a PE ratio of 26.58 and a beta of 1.70. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.20.
Brink’s Company (The) (NYSE:BCO) last issued its quarterly earnings data on Wednesday, October 25th. The business services provider reported $0.83 earnings per share (EPS) 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 analyst estimates of $841.57 million. Brink’s Company (The) had a net margin of 2.51% and a return on equity of 35.15%. Brink’s Company (The)’s revenue was up 12.4% compared to the same quarter last year. During the same period last year, the company posted $0.64 earnings per share. analysts anticipate that Brink’s Company will post 3.05 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Monday, November 13th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.78%. The ex-dividend date is Friday, November 10th. Brink’s Company (The)’s payout ratio is 37.97%.
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Hedge funds have recently modified their holdings of the stock. Meeder Asset Management Inc. purchased a new position in Brink’s Company (The) during the third quarter valued at approximately $128,000. Tower Research Capital LLC TRC increased its holdings in Brink’s Company (The) by 285.0% during the second quarter. Tower Research Capital LLC TRC now owns 1,540 shares of the business services provider’s stock valued at $103,000 after buying an additional 1,140 shares during the period. Daiwa Securities Group Inc. purchased a new position in Brink’s Company (The) during the second quarter valued at approximately $114,000. Seven Eight Capital LP purchased a new position in Brink’s Company (The) during the second quarter valued at approximately $154,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Brink’s Company (The) by 93.6% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,313 shares of the business services provider’s stock worth $155,000 after purchasing an additional 1,118 shares during the last quarter. 91.23% of the stock is currently owned by institutional investors.
BCO has been the subject of several research analyst reports. Zacks Investment Research raised shares of Brink’s Company (The) from a “hold” rating to a “strong-buy” rating and set a $97.00 price target for the company in a research note on Tuesday, October 10th. Sidoti initiated coverage on shares of Brink’s Company (The) in a research note on Friday, October 20th. They set a “buy” rating for the company. ValuEngine raised shares of Brink’s Company (The) from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $98.00 price target on shares of Brink’s Company (The) in a research note on Wednesday, October 18th. Finally, Imperial Capital raised shares of Brink’s Company (The) from an “in-line” rating to an “outperform” rating and lifted their price target for the company from $72.00 to $86.00 in a research note on Wednesday, August 9th. Two research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. Brink’s Company (The) presently has an average rating of “Buy” and a consensus 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.
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