Brink’s (BCO) Insider Amit Zukerman Sells 10,000 Shares

Brink’s (NYSE:BCO) insider Amit Zukerman sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, February 8th. The stock was sold at an average price of $75.62, for a total transaction of $756,200.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of BCO opened at $78.26 on Wednesday. The company has a market capitalization of $3.83 billion, a PE ratio of 22.62, a price-to-earnings-growth ratio of 1.15 and a beta of 1.52. The company has a debt-to-equity ratio of 9.33, a current ratio of 1.39 and a quick ratio of 1.53. Brink’s has a fifty-two week low of $59.08 and a fifty-two week high of $85.00.

Brink’s (NYSE:BCO) last announced its quarterly earnings data on Wednesday, February 6th. The business services provider reported $1.05 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.00 by $0.05. Brink’s had a negative net margin of 0.96% and a positive return on equity of 68.11%. The firm had revenue of $907.70 million during the quarter, compared to analyst estimates of $925.06 million. During the same period in the previous year, the business posted $0.95 EPS. The business’s quarterly revenue was up .5% on a year-over-year basis. Equities research analysts expect that Brink’s will post 4.22 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 1st. Investors of record on Friday, February 8th will be issued a dividend of $0.15 per share. The ex-dividend date is Thursday, February 7th. This represents a $0.60 dividend on an annualized basis and a yield of 0.77%. Brink’s’s dividend payout ratio is currently 17.34%.

Large investors have recently bought and sold shares of the stock. Quantamental Technologies LLC bought a new stake in Brink’s during the 4th quarter valued at $44,000. NumerixS Investment Technologies Inc bought a new stake in Brink’s during the 4th quarter valued at $44,000. Bremer Trust National Association bought a new stake in Brink’s during the 4th quarter valued at $86,000. ETF Managers Group LLC raised its holdings in Brink’s by 18.1% during the 4th quarter. ETF Managers Group LLC now owns 1,865 shares of the business services provider’s stock valued at $121,000 after buying an additional 286 shares during the last quarter. Finally, Ffcm LLC raised its holdings in Brink’s by 1,899.1% during the 4th quarter. Ffcm LLC now owns 2,199 shares of the business services provider’s stock valued at $142,000 after buying an additional 2,089 shares during the last quarter. Institutional investors own 98.31% of the company’s stock.

BCO has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of Brink’s from a “sell” rating to a “hold” rating in a report on Wednesday, January 16th. ValuEngine upgraded shares of Brink’s from a “sell” rating to a “hold” rating in a report on Saturday, October 27th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $93.00.

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About Brink’s

The Brink's Company provides secure transportation, cash management, and other security-related services worldwide. The company offers cash-in-transit services, including armored vehicle transportation of valuables; automated teller machine (ATM) services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation, and first and second line maintenance; and network infrastructure services.

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

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