Brink’s (NYSE:BCO) EVP Amit Zukerman Sells 21,946 Shares

Brink’s (NYSE:BCO) EVP Amit Zukerman sold 21,946 shares of the stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $79.94, for a total transaction of $1,754,363.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Amit Zukerman also recently made the following trade(s):

  • On Monday, April 29th, Amit Zukerman sold 5,000 shares of Brink’s stock. The shares were sold at an average price of $80.00, for a total value of $400,000.00.
  • On Friday, February 8th, Amit Zukerman sold 10,000 shares of Brink’s stock. The shares were sold at an average price of $75.62, for a total value of $756,200.00.

BCO traded down $0.22 during midday trading on Wednesday, reaching $78.07. 197,635 shares of the company’s stock traded hands, compared to its average volume of 369,384. The firm has a market capitalization of $3.80 billion, a price-to-earnings ratio of 22.56, a PEG ratio of 1.25 and a beta of 1.57. The company has a debt-to-equity ratio of 8.90, a current ratio of 1.37 and a quick ratio of 1.37. Brink’s has a 52 week low of $59.08 and a 52 week high of $86.34.

Brink’s (NYSE:BCO) last posted its earnings results on Wednesday, April 24th. The business services provider reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.07. The firm had revenue of $905.00 million for the quarter, compared to the consensus estimate of $914.08 million. Brink’s had a positive return on equity of 86.38% and a negative net margin of 1.19%. The business’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.65 EPS. As a group, sell-side analysts expect that Brink’s will post 4.22 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Friday, May 17th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $0.60 annualized dividend and a dividend yield of 0.77%. Brink’s’s payout ratio is 17.34%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quantamental Technologies LLC bought a new position in Brink’s in the 4th quarter worth $44,000. NumerixS Investment Technologies Inc bought a new position in Brink’s in the 4th quarter worth $44,000. Bremer Trust National Association bought a new position in Brink’s in the 4th quarter worth $86,000. PNC Financial Services Group Inc. raised its holdings in Brink’s by 24.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,339 shares of the business services provider’s stock worth $100,000 after purchasing an additional 264 shares during the period. Finally, Bremer Bank National Association bought a new position in Brink’s in the 1st quarter worth $107,000. 98.36% of the stock is currently owned by hedge funds and other institutional investors.

Separately, Zacks Investment Research raised Brink’s from a “sell” rating to a “hold” rating in a research note on Friday, February 1st. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $96.67.

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Brink’s Company Profile

The Brink's Company provides secure transportation, cash management, and other security-related services in North America, South America, and internationally. The company offers cash-in-transit services, including armored vehicle transportation of valuables; automated teller machine (ATM) services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation, and first and second line maintenance; and network infrastructure services.

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

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