10,631 Shares in Boyd Group Services Inc. $BGSI Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio bought a new stake in Boyd Group Services Inc. (NYSE:BGSI) during the second quarter, according to its most recent filing with the SEC. The firm bought 10,631 shares of the company’s stock, valued at approximately $1,006,000.

Several other institutional investors have also recently bought and sold shares of the company. UBS Group AG acquired a new position in Boyd Group Services during the 4th quarter worth $2,071,000. Cardinal Point Capital Management ULC bought a new position in shares of Boyd Group Services in the fourth quarter worth about $2,967,000. Advisory Alpha LLC acquired a new position in shares of Boyd Group Services during the 4th quarter worth about $2,750,000. Cumberland Partners Ltd acquired a new position in shares of Boyd Group Services during the 4th quarter worth about $2,089,000. Finally, William Blair Investment Management LLC bought a new stake in Boyd Group Services during the 4th quarter valued at approximately $22,611,000. Institutional investors own 0.17% of the company’s stock.

Boyd Group Services Stock Down 3.7%

Shares of BGSI stock opened at $87.12 on Wednesday. The stock has a market cap of $2.43 billion, a P/E ratio of 189.41 and a beta of 0.70. Boyd Group Services Inc. has a one year low of $82.26 and a one year high of $183.10. The stock has a fifty day moving average price of $96.88 and a 200 day moving average price of $114.46. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.60 and a quick ratio of 0.46.

Boyd Group Services (NYSE:BGSI) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.94 by ($0.14). Boyd Group Services had a net margin of 0.25% and a return on equity of 5.21%. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1.02 billion. Analysts predict that Boyd Group Services Inc. will post 3.43 earnings per share for the current year.

Boyd Group Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 29th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.156 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.62 dividend on an annualized basis and a yield of 0.7%. Boyd Group Services’s dividend payout ratio (DPR) is currently 93.48%.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Boyd Group Services in a report on Wednesday, June 24th. Zacks Research upgraded Boyd Group Services from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $157.00.

Boyd Group Services Company Profile

Boyd Group Services Inc is a North American operator of collision repair centers that provides vehicle repair, paint and refinishing, and auto glass replacement services. Its locations perform mechanical and cosmetic collision repairs, parts sourcing, and related warranty work, serving retail customers as well as business clients such as insurers and fleet operators. The company’s operations typically include estimating, repair planning, paint and body work, and post-repair quality assurance and customer service.

Headquartered in Winnipeg, Manitoba, Canada, Boyd Group Services operates across both Canada and the United States through a network of company-owned collision repair facilities under various local and regional brand names.