Captrust Financial Advisors Sells 177 Shares of The Brink’s Company (NYSE:BCO)

Captrust Financial Advisors lessened its position in shares of The Brink’s Company (NYSE:BCO) by 2.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 6,099 shares of the business services provider’s stock after selling 177 shares during the period. Captrust Financial Advisors’ holdings in Brink’s were worth $566,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC increased its holdings in shares of Brink’s by 12.0% in the fourth quarter. FMR LLC now owns 4,755,037 shares of the business services provider’s stock worth $441,125,000 after purchasing an additional 510,389 shares during the period. American Century Companies Inc. increased its stake in Brink’s by 0.7% in the 4th quarter. American Century Companies Inc. now owns 1,496,660 shares of the business services provider’s stock worth $138,845,000 after acquiring an additional 9,777 shares during the last quarter. Ariel Investments LLC raised its holdings in shares of Brink’s by 12.3% in the 4th quarter. Ariel Investments LLC now owns 1,282,104 shares of the business services provider’s stock valued at $118,941,000 after acquiring an additional 140,895 shares in the last quarter. Northern Trust Corp boosted its position in shares of Brink’s by 14.0% during the 4th quarter. Northern Trust Corp now owns 613,301 shares of the business services provider’s stock valued at $56,896,000 after acquiring an additional 75,138 shares during the last quarter. Finally, Southernsun Asset Management LLC boosted its position in shares of Brink’s by 15.4% during the 4th quarter. Southernsun Asset Management LLC now owns 597,633 shares of the business services provider’s stock valued at $55,442,000 after acquiring an additional 79,701 shares during the last quarter. 94.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Brink’s from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 8th.

Brink’s Stock Down 0.7%

Shares of NYSE:BCO opened at $87.85 on Monday. The firm has a market capitalization of $3.69 billion, a PE ratio of 33.28 and a beta of 1.42. The company has a debt-to-equity ratio of 8.76, a quick ratio of 1.57 and a current ratio of 1.57. The Brink’s Company has a 52-week low of $80.21 and a 52-week high of $115.91. The firm has a fifty day moving average of $87.87 and a 200 day moving average of $91.58.

Brink’s (NYSE:BCO) last posted its quarterly earnings data on Monday, May 12th. The business services provider reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.43. The firm had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Brink’s had a return on equity of 71.46% and a net margin of 2.37%. The company’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.52 EPS. As a group, research analysts anticipate that The Brink’s Company will post 6.49 EPS for the current fiscal year.

Brink’s Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 19th will be paid a dividend of $0.255 per share. The ex-dividend date is Monday, May 19th. This is an increase from Brink’s’s previous quarterly dividend of $0.24. This represents a $1.02 annualized dividend and a dividend yield of 1.16%. Brink’s’s dividend payout ratio (DPR) is 27.57%.

Brink’s Profile

The Brink’s Co engages in providing cash management services, digital retail solutions, and ATM managed services. It operates through the following geographical segments: North America, Latin America, Europe, and Rest of World. The North America segment operates in the U.S. and Canada. The Latin America segment refers to the operations in Latin American countries.