Vest Financial LLC grew its position in Brink’s Company (The) (NYSE:BCO – Free Report) by 69.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 41,341 shares of the business services provider’s stock after purchasing an additional 16,987 shares during the quarter. Vest Financial LLC owned approximately 0.10% of Brink’s worth $4,831,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently made changes to their positions in BCO. Mather Group LLC. acquired a new stake in Brink’s during the third quarter worth approximately $34,000. Caldwell Trust Co bought a new position in shares of Brink’s during the 2nd quarter worth approximately $27,000. Trust Co. of Toledo NA OH bought a new position in shares of Brink’s during the 2nd quarter worth approximately $32,000. CWM LLC grew its position in shares of Brink’s by 53.8% during the 2nd quarter. CWM LLC now owns 512 shares of the business services provider’s stock worth $46,000 after buying an additional 179 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Brink’s by 161.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock valued at $47,000 after acquiring an additional 323 shares in the last quarter. 94.96% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Brink’s
In other news, insider Michael E. Sweeney sold 1,418 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $119.50, for a total value of $169,451.00. Following the transaction, the insider owned 5,755 shares in the company, valued at $687,722.50. The trade was a 19.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.49% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
Get Our Latest Analysis on BCO
Brink’s Stock Up 1.7%
BCO stock opened at $125.64 on Thursday. The firm has a market capitalization of $5.22 billion, a PE ratio of 32.13 and a beta of 1.10. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 9.14. Brink’s Company has a twelve month low of $80.10 and a twelve month high of $127.19. The stock’s 50 day moving average is $117.57 and its 200-day moving average is $111.28.
Brink’s (NYSE:BCO – Get Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The business services provider reported $2.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.09 by ($0.01). Brink’s had a return on equity of 93.16% and a net margin of 3.31%.The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter last year, the company posted $1.51 EPS. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. Brink’s has set its Q4 2025 guidance at 2.280-2.680 EPS. Sell-side analysts expect that Brink’s Company will post 6.49 EPS for the current fiscal year.
Brink’s declared that its Board of Directors has initiated a share repurchase plan on Thursday, December 11th that allows the company to repurchase $750.00 million in shares. This repurchase authorization allows the business services provider to buy up to 15.4% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.
Brink’s Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Monday, February 2nd will be given a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, February 2nd. Brink’s’s dividend payout ratio (DPR) is presently 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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