George I. Stoeckert Buys 1,000 Shares of Brink’s Company (The) (BCO) Stock

Brink’s Company (The) (NYSE:BCO) Director George I. Stoeckert purchased 1,000 shares of the company’s stock in a transaction that occurred on Friday, December 8th. The shares were bought at an average cost of $80.40 per share, with a total value of $80,400.00. Following the transaction, the director now directly owns 12,014 shares of the company’s stock, valued at approximately $965,925.60. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Brink’s Company (BCO) traded up $0.80 during trading on Thursday, hitting $80.75. 258,300 shares of the stock traded hands, compared to its average volume of 420,928. Brink’s Company has a 52 week low of $40.95 and a 52 week high of $87.30. The firm has a market capitalization of $4,080.00, a price-to-earnings ratio of 27.47 and a beta of 1.71. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.20.

Brink’s (NYSE:BCO) last released its quarterly earnings data on Wednesday, October 25th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.08. Brink’s had a net margin of 2.51% and a return on equity of 35.15%. The company had revenue of $849.50 million during the quarter, compared to analyst estimates of $841.57 million. During the same quarter in the prior year, the business earned $0.64 earnings per share. The business’s quarterly revenue was up 12.4% compared to the same quarter last year. sell-side analysts forecast that Brink’s Company will post 3.05 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Monday, November 13th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.74%. The ex-dividend date was Friday, November 10th. Brink’s’s payout ratio is currently 37.04%.

Several equities analysts recently commented on BCO shares. ValuEngine raised shares of Brink’s from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research lowered shares of Brink’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 18th. SunTrust Banks reaffirmed a “buy” rating and set a $98.00 price target on shares of Brink’s in a research report on Wednesday, October 18th. Finally, Sidoti initiated coverage on shares of Brink’s in a research report on Friday, October 20th. They set a “buy” rating for the company. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Brink’s presently has an average rating of “Buy” and an average price target of $93.67.

Institutional investors have recently added to or reduced their stakes in the company. Cypress Capital Management LLC WY acquired a new stake in shares of Brink’s in the third quarter worth $122,000. Meeder Asset Management Inc. acquired a new stake in shares of Brink’s in the third quarter worth $128,000. Tower Research Capital LLC TRC increased its position in shares of Brink’s by 285.0% in the second quarter. Tower Research Capital LLC TRC now owns 1,540 shares of the business services provider’s stock worth $103,000 after acquiring an additional 1,140 shares in the last quarter. Daiwa Securities Group Inc. acquired a new stake in Brink’s during the 2nd quarter valued at $114,000. Finally, Seven Eight Capital LP acquired a new stake in Brink’s during the 2nd quarter valued at $154,000. 90.56% of the stock is owned by institutional investors.

WARNING: “George I. Stoeckert Buys 1,000 Shares of Brink’s Company (The) (BCO) Stock” was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this piece on another site, it was copied illegally and republished in violation of US and international copyright and trademark laws. The legal version of this piece can be accessed at https://www.dispatchtribunal.com/2017/12/14/george-i-stoeckert-buys-1000-shares-of-brinks-company-the-bco-stock.html.

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.

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

Receive News & Ratings for Brink's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brink's and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply