17,946 Shares in Boyd Group Services Inc. $BGSI Acquired by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. purchased a new position in shares of Boyd Group Services Inc. (NYSE:BGSI) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 17,946 shares of the company’s stock, valued at approximately $2,845,000.

Other large investors have also bought and sold shares of the company. Assetmark Inc. bought a new stake in Boyd Group Services during the 4th quarter worth approximately $59,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Boyd Group Services during the 4th quarter worth approximately $1,268,000. Louisbourg Investments Inc. bought a new stake in Boyd Group Services during the 4th quarter worth approximately $7,272,000. Cidel Asset Management Inc. bought a new stake in Boyd Group Services during the 4th quarter worth approximately $9,046,000. Finally, Addenda Capital Inc. bought a new stake in Boyd Group Services during the 4th quarter worth approximately $10,843,000. 0.17% of the stock is currently owned by institutional investors.

Boyd Group Services Stock Performance

NYSE:BGSI opened at $118.11 on Thursday. The stock’s fifty day moving average price is $146.41. Boyd Group Services Inc. has a 52-week low of $115.40 and a 52-week high of $183.10. The company has a debt-to-equity ratio of 0.54, a quick ratio of 3.00 and a current ratio of 3.14. The firm has a market cap of $3.29 billion, a P/E ratio of 144.03 and a beta of 0.96.

Boyd Group Services (NYSE:BGSI) last posted its quarterly earnings data on Wednesday, March 18th. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.27. Boyd Group Services had a return on equity of 4.63% and a net margin of 0.59%.The firm had revenue of $793.85 million for the quarter, compared to the consensus estimate of $821.73 million. On average, equities analysts predict that Boyd Group Services Inc. will post 4.14 EPS for the current fiscal year.

Boyd Group Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 28th. Stockholders of record on Tuesday, March 31st will be paid a $0.156 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.62 dividend on an annualized basis and a dividend yield of 0.5%. Boyd Group Services’s dividend payout ratio is 54.88%.

Analyst Ratings Changes

A number of equities research analysts recently commented on BGSI shares. Weiss Ratings started coverage on Boyd Group Services in a research report on Thursday, January 15th. They set a “sell (d+)” rating on the stock. Scotiabank raised Boyd Group Services to a “strong-buy” rating in a report on Wednesday, January 14th. Stephens reduced their price objective on Boyd Group Services from $200.00 to $157.00 and set an “overweight” rating on the stock in a report on Tuesday, April 14th. Finally, Wall Street Zen raised Boyd Group Services from a “hold” rating to a “buy” rating in a report on Sunday, March 22nd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Boyd Group Services currently has a consensus rating of “Moderate Buy” and an average price target of $157.00.

Boyd Group Services 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.