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.
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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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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