A number of other equities research analysts also recently weighed in on the company. Zacks Investment Research downgraded Brink’s from a buy rating to a hold rating in a research report on Tuesday, April 26th. TheStreet raised Brink’s from a c+ rating to a b rating in a report on Wednesday, February 23rd.
Shares of BCO stock traded down $1.03 on Friday, hitting $55.46. The stock had a trading volume of 357,102 shares, compared to its average volume of 287,552. The firm has a market capitalization of $2.64 billion, a price-to-earnings ratio of 26.79 and a beta of 1.49. The stock’s 50 day moving average is $64.63 and its 200-day moving average is $66.21. The company has a debt-to-equity ratio of 11.25, a quick ratio of 1.40 and a current ratio of 1.40. Brink’s has a 52-week low of $54.44 and a 52-week high of $81.14.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 1st. Investors of record on Monday, May 16th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Friday, May 13th. This represents a $0.80 annualized dividend and a yield of 1.44%. Brink’s’s dividend payout ratio (DPR) is currently 38.65%.
In other Brink’s news, EVP Rohan Pal sold 5,120 shares of Brink’s stock in a transaction that occurred on Thursday, March 3rd. The stock was sold at an average price of $68.76, for a total value of $352,051.20. The sale was disclosed in a filing with the SEC, which is available through this link. 3.64% of the stock is currently owned by insiders.
A number of large investors have recently made changes to their positions in the business. BlackRock Inc. grew its position in Brink’s by 0.9% in the fourth quarter. BlackRock Inc. now owns 5,391,341 shares of the business services provider’s stock valued at $353,511,000 after acquiring an additional 49,296 shares during the period. Fuller & Thaler Asset Management Inc. lifted its stake in shares of Brink’s by 17.6% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 3,389,302 shares of the business services provider’s stock valued at $222,237,000 after acquiring an additional 506,734 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Brink’s by 728.0% during the fourth quarter. JPMorgan Chase & Co. now owns 2,901,110 shares of the business services provider’s stock valued at $190,225,000 after acquiring an additional 2,550,718 shares during the period. American Century Companies Inc. lifted its stake in shares of Brink’s by 14.5% during the fourth quarter. American Century Companies Inc. now owns 2,423,460 shares of the business services provider’s stock valued at $158,907,000 after acquiring an additional 307,051 shares during the period. Finally, Ariel Investments LLC grew its position in shares of Brink’s by 4.3% during the 4th quarter. Ariel Investments LLC now owns 2,051,905 shares of the business services provider’s stock worth $134,544,000 after buying an additional 84,014 shares during the period. Hedge funds and other institutional investors own 99.61% of the company’s stock.
Brink’s Company Profile (Get Rating)
The Brink's Company provides secure transportation, cash management, and other security-related services in North America, Latin America, Europe, and internationally. The company offers armored vehicle transportation of valuables; automated teller machine (ATM) management services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation, and first and second line maintenance services; network infrastructure; and cash-in-transit services.
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