Brink’s Company (The) (NYSE:BCO) Director Peter A. Feld sold 75,000 shares of the firm’s stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $75.72, for a total transaction of $5,679,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of Brink’s Company (BCO) traded down 1.215% on Friday, hitting $75.225. 325,472 shares of the stock were exchanged. The stock has a market cap of $3.80 billion, a PE ratio of 44.777 and a beta of 1.71. Brink’s Company has a 52-week low of $33.99 and a 52-week high of $81.35. The company’s 50 day moving average is $73.93 and its 200-day moving average is $62.18.

Brink’s Company (The) (NYSE:BCO) last posted its quarterly earnings results on Wednesday, July 26th. The business services provider reported $0.64 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.18. The business had revenue of $806 million for the quarter, compared to analyst estimates of $730.87 million. Brink’s Company (The) had a return on equity of 34.49% and a net margin of 2.73%. The business’s revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.38 EPS. Analysts predict that Brink’s Company will post $3.02 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Thursday, July 27th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.79%. The ex-dividend date is Tuesday, July 25th. Brink’s Company (The)’s dividend payout ratio is currently 35.71%.

Brink’s Company (The) announced that its board has initiated a stock buyback plan on Monday, May 8th that permits the company to buyback $200.00 million in outstanding shares. This buyback authorization permits the business services provider to purchase up to 6.4% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s management believes its stock is undervalued.

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A number of research firms have commented on BCO. Imperial Capital raised shares of Brink’s Company (The) from an “in-line” rating to an “outperform” rating and raised their target price for the company from $72.00 to $86.00 in a research report on Wednesday, August 9th. Zacks Investment Research raised shares of Brink’s Company (The) from a “hold” rating to a “buy” rating and set a $68.00 price objective on the stock in a research report on Tuesday, May 2nd. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $64.00.

Large investors have recently bought and sold shares of the stock. BlackRock Inc. raised its stake in Brink’s Company (The) by 118,199.8% in the first quarter. BlackRock Inc. now owns 5,447,704 shares of the business services provider’s stock valued at $291,179,000 after buying an additional 5,443,099 shares in the last quarter. Wells Fargo & Company MN raised its stake in Brink’s Company (The) by 2,351.9% in the first quarter. Wells Fargo & Company MN now owns 1,217,418 shares of the business services provider’s stock valued at $65,071,000 after buying an additional 1,167,765 shares in the last quarter. Thrivent Financial For Lutherans raised its stake in Brink’s Company (The) by 2,932.2% in the second quarter. Thrivent Financial For Lutherans now owns 773,525 shares of the business services provider’s stock valued at $51,827,000 after buying an additional 748,015 shares in the last quarter. American Century Companies Inc. raised its stake in Brink’s Company (The) by 148.7% in the second quarter. American Century Companies Inc. now owns 1,127,433 shares of the business services provider’s stock valued at $75,538,000 after buying an additional 674,096 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. purchased a new stake in Brink’s Company (The) during the second quarter valued at about $40,125,000. 89.47% of the stock is currently owned by institutional investors and hedge funds.

About Brink’s Company (The)

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 Company (The) (NYSE:BCO)

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