Ronald James Domanico Buys 3,500 Shares of Brink's (BCO) Stock

Brink's (NYSE:BCO) CFO Ronald James Domanico acquired 3,500 shares of the business’s stock in a transaction on Thursday, February 8th. The stock was purchased at an average cost of $72.18 per share, with a total value of $252,630.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Brink's (NYSE BCO) traded up $1.75 on Friday, reaching $75.65. 470,816 shares of the company were exchanged, compared to its average volume of 503,181. The firm has a market capitalization of $3,730.72, a price-to-earnings ratio of 24.72, a PEG ratio of 0.95 and a beta of 1.71. Brink's has a 52-week low of $47.30 and a 52-week high of $88.10. The company has a quick ratio of 1.21, a current ratio of 1.89 and a debt-to-equity ratio of 3.66.

Brink's (NYSE:BCO) last posted its quarterly earnings results on Wednesday, February 7th. The business services provider reported $0.95 earnings per share for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.01). The business had revenue of $903.00 million for the quarter, compared to analyst estimates of $851.35 million. Brink's had a return on equity of 36.76% and a net margin of 0.50%. The business’s revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.87 earnings per share. equities analysts anticipate that Brink's will post 3.76 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Thursday, February 8th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, February 7th. This represents a $0.60 annualized dividend and a yield of 0.79%. Brink's’s payout ratio is 193.55%.

Large investors have recently bought and sold shares of the business. Cypress Capital Management LLC WY purchased a new stake in shares of Brink's in the 3rd quarter valued at approximately $122,000. Meeder Asset Management Inc. purchased a new stake in Brink's during the 3rd quarter worth approximately $128,000. Tower Research Capital LLC TRC increased its stake in Brink's by 285.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,540 shares of the business services provider’s stock worth $103,000 after buying an additional 1,140 shares during the period. Virtus Fund Advisers LLC purchased a new stake in Brink's during the 4th quarter worth approximately $146,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Brink's by 105.4% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,670 shares of the business services provider’s stock worth $210,000 after buying an additional 1,370 shares during the period. Institutional investors own 88.13% of the company’s stock.

BCO has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of Brink's from a “hold” rating to a “buy” rating and set a $97.00 target price on the stock in a research report on Monday, January 15th. Sidoti upgraded shares of Brink's from a “neutral” rating to a “buy” rating in a research report on Thursday, January 11th. Gabelli upgraded shares of Brink's from a “hold” rating to a “buy” rating in a research report on Thursday, February 8th. ValuEngine lowered shares of Brink's from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Imperial Capital reiterated an “outperform” rating and issued a $100.00 target price (up previously from $86.00) on shares of Brink's in a research report on Thursday, January 18th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Brink's has a consensus rating of “Buy” and an average price target of $93.50.

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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.

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

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