The Brink’s Company (NYSE:BCO) Shares Purchased by Xponance Inc.

Xponance Inc. grew its stake in shares of The Brink’s Company (NYSE:BCO) by 3.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,244 shares of the business services provider’s stock after purchasing an additional 223 shares during the quarter. Xponance Inc.’s holdings in Brink’s were worth $579,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of BCO. Mather Group LLC. raised its stake in Brink’s by 146.2% during the 4th quarter. Mather Group LLC. now owns 293 shares of the business services provider’s stock worth $27,000 after acquiring an additional 174 shares in the last quarter. Sierra Ocean LLC purchased a new stake in shares of Brink’s in the 4th quarter valued at about $36,000. Golden State Wealth Management LLC purchased a new stake in shares of Brink’s in the 4th quarter valued at about $55,000. First Horizon Advisors Inc. lifted its holdings in shares of Brink’s by 41.0% in the 4th quarter. First Horizon Advisors Inc. now owns 860 shares of the business services provider’s stock valued at $80,000 after purchasing an additional 250 shares during the last quarter. Finally, KBC Group NV boosted its position in shares of Brink’s by 61.6% in the 4th quarter. KBC Group NV now owns 1,721 shares of the business services provider’s stock valued at $160,000 after purchasing an additional 656 shares during the period. Hedge funds and other institutional investors own 94.96% of the company’s stock.

Analyst Upgrades and Downgrades

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

Brink’s Stock Up 0.1 %

Shares of NYSE:BCO opened at $87.68 on Wednesday. The firm has a fifty day moving average price of $90.94 and a 200 day moving average price of $97.35. The Brink’s Company has a 1-year low of $82.78 and a 1-year high of $115.91. The company has a debt-to-equity ratio of 8.76, a current ratio of 1.57 and a quick ratio of 1.57. The stock has a market cap of $3.78 billion, a P/E ratio of 33.21 and a beta of 1.42.

Brink’s (NYSE:BCO) last announced its earnings results on Wednesday, February 26th. The business services provider reported $2.12 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.26. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.25 billion. Brink’s had a net margin of 2.37% and a return on equity of 71.46%. Sell-side analysts predict that The Brink’s Company will post 6.49 EPS for the current year.

Brink’s Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 3rd were given a dividend of $0.2425 per share. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $0.97 dividend on an annualized basis and a yield of 1.11%. Brink’s’s payout ratio is currently 26.87%.

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.