AYAL Capital Advisors Ltd Takes Position in Boyd Group Services Inc. $BGSI

AYAL Capital Advisors Ltd acquired a new stake in Boyd Group Services Inc. (NYSE:BGSI) during the 4th quarter, Holdings Channel.com reports. The fund acquired 58,098 shares of the company’s stock, valued at approximately $9,255,000. Boyd Group Services accounts for 3.2% of AYAL Capital Advisors Ltd’s portfolio, making the stock its 4th largest holding.

Other large investors also recently modified their holdings of the company. Assetmark Inc. bought a new position in shares of Boyd Group Services in the fourth quarter valued at about $59,000. Public Sector Pension Investment Board bought a new position in Boyd Group Services during the fourth quarter worth about $262,000. Deutsche Bank AG bought a new position in Boyd Group Services during the fourth quarter worth about $373,000. Pictet Asset Management Holding SA bought a new position in Boyd Group Services during the fourth quarter worth about $774,000. Finally, CANADA LIFE ASSURANCE Co bought a new position in Boyd Group Services during the fourth quarter worth about $861,000. 0.17% of the stock is owned by institutional investors.

Analyst Ratings Changes

BGSI has been the topic of a number of recent research reports. Stephens lowered their price target on shares of Boyd Group Services from $200.00 to $157.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. Wall Street Zen lowered shares of Boyd Group Services from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, Boyd Group Services presently has an average rating of “Moderate Buy” and an average price target of $157.00.

Boyd Group Services Stock Down 5.6%

Shares of Boyd Group Services stock opened at $91.29 on Thursday. The business’s 50-day moving average price is $111.00. Boyd Group Services Inc. has a 12-month low of $90.83 and a 12-month high of $183.10. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.14 and a quick ratio of 3.00. The firm has a market capitalization of $2.54 billion, a P/E ratio of 138.32 and a beta of 0.71.

Boyd Group Services (NYSE:BGSI) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. Boyd Group Services had a net margin of 0.39% and a return on equity of 5.54%. On average, sell-side analysts expect that Boyd Group Services Inc. will post 3.85 earnings per share for the current year.

Boyd Group Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 29th. Stockholders of record on Tuesday, June 30th will be paid a $0.156 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Tuesday, June 30th. Boyd Group Services’s dividend payout ratio (DPR) is presently 66.67%.

Boyd Group Services Profile

Boyd Group Services Inc is a North American operator of collision repair centers that provides vehicle repair, paint and refinishing, and auto glass replacement services. Its locations perform mechanical and cosmetic collision repairs, parts sourcing, and related warranty work, serving retail customers as well as business clients such as insurers and fleet operators. The company’s operations typically include estimating, repair planning, paint and body work, and post-repair quality assurance and customer service.

Headquartered in Winnipeg, Manitoba, Canada, Boyd Group Services operates across both Canada and the United States through a network of company-owned collision repair facilities under various local and regional brand names.