Brink's (BCO) CEO Douglas A. Pertz Purchases 10,000 Shares

Brink's (NYSE:BCO) CEO Douglas A. Pertz purchased 10,000 shares of the firm’s stock in a transaction on Thursday, February 8th. The shares were acquired at an average price of $72.91 per share, for a total transaction of $729,100.00. The acquisition was disclosed in a filing with the SEC, which is available through this link.

Shares of Brink's (NYSE:BCO) traded down $1.90 during midday trading on Thursday, hitting $73.10. The company’s stock had a trading volume of 1,116,261 shares, compared to its average volume of 371,840. The company has a market capitalization of $3,690.00, a PE ratio of 45.12, a PEG ratio of 1.04 and a beta of 1.71. Brink's has a 12 month low of $45.85 and a 12 month high of $88.10. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.21 and a current ratio of 1.21.

Brink's (NYSE:BCO) last issued 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 the consensus estimate of $851.35 million. Brink's had a net margin of 2.51% and a return on equity of 35.15%. The firm’s revenue was up 12.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.87 earnings per share. equities analysts forecast that Brink's will post 3.02 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Thursday, February 8th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, February 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.82%. Brink's’s payout ratio is presently 37.04%.

Several hedge funds and other institutional investors have recently modified their holdings of BCO. PNC Financial Services Group Inc. lifted its holdings in shares of Brink's by 493.8% during the second quarter. PNC Financial Services Group Inc. now owns 2,678 shares of the business services provider’s stock valued at $180,000 after acquiring an additional 2,227 shares during the period. UBS Asset Management Americas Inc. lifted its holdings in shares of Brink's by 3.9% during the second quarter. UBS Asset Management Americas Inc. now owns 31,861 shares of the business services provider’s stock valued at $2,135,000 after acquiring an additional 1,210 shares during the period. Northern Trust Corp lifted its holdings in shares of Brink's by 4.5% during the second quarter. Northern Trust Corp now owns 626,972 shares of the business services provider’s stock valued at $42,008,000 after acquiring an additional 26,785 shares during the period. FMR LLC lifted its holdings in shares of Brink's by 40.5% during the second quarter. FMR LLC now owns 653,613 shares of the business services provider’s stock valued at $43,792,000 after acquiring an additional 188,323 shares during the period. Finally, Parametric Portfolio Associates LLC lifted its holdings in shares of Brink's by 25.7% during the second quarter. Parametric Portfolio Associates LLC now owns 142,599 shares of the business services provider’s stock valued at $9,554,000 after acquiring an additional 29,186 shares during the period. 89.35% of the stock is owned by institutional investors.

A number of equities research analysts have weighed in on BCO shares. Sidoti started coverage on shares of Brink's in a research note on Friday, October 20th. They set a “buy” rating on the stock. SunTrust Banks reiterated a “buy” rating and set a $98.00 price target on shares of Brink's in a research note on Wednesday, October 18th. Zacks Investment Research downgraded shares of Brink's from a “buy” rating to a “hold” rating in a research note on Wednesday, December 27th. ValuEngine downgraded shares of Brink's from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, Imperial Capital reissued an “outperform” rating and set a $100.00 price objective (up from $86.00) on shares of Brink's in a report on Thursday, January 18th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Brink's has a consensus rating of “Buy” and an average target price of $97.25.

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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.

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