Brinks SVP Rohan Pal Sells 4,524 Shares

Emirates News Agency (WAM) |

Brinks (NYSE:BCO) SVP Rohan Pal sold 4,524 shares of the firms stock in a transaction that occurred on . The stock was sold at an average price of $76.46, for a total transaction of $345,905.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Brinks stock traded up $0.87 on Thursday, hitting $77.45. 342,390 shares of the company traded hands, compared to its average volume of 382,710. The stock has a market cap of $3.78 billion, a P/E ratio of 22.38, a PEG ratio of 1.25 and a beta of 1.59. The company has a debt-to-equity ratio of 8.83, a current ratio of 1.42 and a quick ratio of 1.39. Brinks has a 52 week low of $59.08 and a 52 week high of $85.00.

Brinks (NYSE:BCO) last released its quarterly earnings data on . The business services provider reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.05. The firm had revenue of $907.70 million for the quarter, compared to analysts expectations of $925.06 million. Brinks had a negative net margin of 0.96% and a positive return on equity of 68.11%. The companys revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter last year, the business posted $0.95 earnings per share. As a group, equities analysts expect that Brinks will post 4.22 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on . Stockholders of record on were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.77%. The ex-dividend date was . Brinkss payout ratio is currently 17.34%.

Several institutional investors have recently added to or reduced their stakes in BCO. Norges Bank bought a new stake in shares of Brinks during the fourth quarter valued at approximately $33,613,000. UBS Oconnor LLC bought a new stake in Brinks in the fourth quarter worth $20,688,000. Eagle Asset Management Inc. increased its position in Brinks by 80.2% in the fourth quarter. Eagle Asset Management Inc. now owns 710,663 shares of the business services providers stock worth $45,944,000 after purchasing an additional 316,251 shares during the last quarter. Marshall Wace LLP bought a new stake in Brinks in the third quarter worth $20,869,000. Finally, Saya Management LP bought a new stake in Brinks in the fourth quarter worth $18,067,000. Hedge funds and other institutional investors own 98.36% of the companys stock.

Separately, Zacks Investment Research upgraded shares of Brinks from a sell rating to a hold rating in a research note on . Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and an average target price of $93.00.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:



Symbol Last Price Change % Change










Can the Media Solve the Partisan Conflict?

Andrew McCarthy, Contributing Editor, The National Review; Michael Zeldin, CNN Legal Analyst; Celeste Katz, Senior Political Reporter, Glamour; Silvia Davi, SVP, Contributing Editor,; and Doug Simon, CEO, D S Simon Media discuss how the media’s role has shaped the landscape for communicators and what the media is trying to do to reduce discord in society.