Jackson Creek Investment Advisors LLC purchased a new position in shares of Brink’s Company (The) (NYSE:BCO – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 19,958 shares of the business services provider’s stock, valued at approximately $2,332,000. Brink’s comprises approximately 0.7% of Jackson Creek Investment Advisors LLC’s investment portfolio, making the stock its 21st largest holding.
A number of other institutional investors have also modified their holdings of BCO. SG Capital Management LLC bought a new position in shares of Brink’s in the second quarter valued at $8,842,000. Edgestream Partners L.P. raised its position in shares of Brink’s by 78.3% during the second quarter. Edgestream Partners L.P. now owns 51,949 shares of the business services provider’s stock worth $4,639,000 after purchasing an additional 22,810 shares during the period. Vest Financial LLC raised its position in shares of Brink’s by 69.8% during the third quarter. Vest Financial LLC now owns 41,341 shares of the business services provider’s stock worth $4,831,000 after purchasing an additional 16,987 shares during the period. Capital Fund Management S.A. acquired a new position in shares of Brink’s in the 2nd quarter valued at $1,341,000. Finally, Norges Bank purchased a new stake in Brink’s during the second quarter valued at about $45,512,000. Institutional investors and hedge funds own 94.96% of the company’s stock.
Insider Transactions at Brink’s
In related news, insider Michael E. Sweeney sold 1,418 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $119.50, for a total transaction of $169,451.00. Following the completion of the transaction, the insider directly owned 5,755 shares in the company, valued at $687,722.50. This represents a 19.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.72% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Analysis on BCO
Brink’s Stock Performance
BCO opened at $128.50 on Tuesday. The stock has a 50-day moving average of $120.09 and a 200-day moving average of $113.23. The company has a debt-to-equity ratio of 9.14, a quick ratio of 1.46 and a current ratio of 1.46. Brink’s Company has a 52-week low of $80.10 and a 52-week high of $129.73. The company has a market cap of $5.34 billion, a PE ratio of 32.86 and a beta of 1.09.
Brink’s (NYSE:BCO – Get Free Report) last released its earnings results on Wednesday, November 5th. The business services provider reported $2.08 earnings per share for the quarter, missing analysts’ consensus estimates of $2.09 by ($0.01). The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.33 billion. Brink’s had a return on equity of 93.16% and a net margin of 3.31%.The firm’s revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.51 EPS. Brink’s has set its Q4 2025 guidance at 2.280-2.680 EPS. As a group, equities research analysts forecast that Brink’s Company will post 6.49 earnings per share for the current fiscal year.
Brink’s announced that its board has authorized a stock buyback plan on Thursday, December 11th that authorizes the company to repurchase $750.00 million in shares. This repurchase authorization authorizes the business services provider to reacquire up to 15.4% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board believes its shares are undervalued.
Brink’s Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Monday, February 2nd will be given a $0.255 dividend. This represents a $1.02 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, February 2nd. Brink’s’s dividend payout ratio is currently 26.09%.
Brink’s Company Profile
The Brink’s Company (NYSE: BCO) is a global leader in secure logistics and cash management solutions. The company provides a comprehensive suite of services that span armored transportation, cash-in-transit (CIT), ATM services, smart safe solutions, and valuables storage. Through its network of service centers and armored vehicles, Brink’s ensures the safe and efficient movement of currency, precious metals, and other high-value assets for banks, retailers, mints, and government agencies.
Brink’s armored transport operations are complemented by technology-driven cash management offerings, including deposit automation and secure vaulting.
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