Blair William & Co. IL Sells 15,705 Shares of The Brink’s Company (NYSE:BCO)

Blair William & Co. IL decreased its holdings in The Brink’s Company (NYSE:BCO) by 23.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,528 shares of the business services provider’s stock after selling 15,705 shares during the period. Blair William & Co. IL owned 0.12% of Brink’s worth $4,873,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BCO. Mather Group LLC. lifted its stake in shares of Brink’s by 146.2% in the 4th quarter. Mather Group LLC. now owns 293 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 174 shares during the last quarter. Y Intercept Hong Kong Ltd raised its holdings in Brink’s by 3.6% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 5,289 shares of the business services provider’s stock valued at $491,000 after buying an additional 184 shares during the period. Investment House LLC lifted its position in Brink’s by 7.0% in the fourth quarter. Investment House LLC now owns 2,920 shares of the business services provider’s stock worth $271,000 after buying an additional 190 shares during the last quarter. Harbor Capital Advisors Inc. boosted its stake in Brink’s by 1.0% during the fourth quarter. Harbor Capital Advisors Inc. now owns 21,574 shares of the business services provider’s stock worth $2,001,000 after buying an additional 207 shares during the period. Finally, Xponance Inc. boosted its stake in Brink’s by 3.7% during the fourth quarter. Xponance Inc. now owns 6,244 shares of the business services provider’s stock worth $579,000 after buying an additional 223 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 shares of Brink’s from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 8th.

Brink’s Trading Down 1.0 %

Shares of NYSE BCO opened at $87.13 on Monday. The Brink’s Company has a fifty-two week low of $82.78 and a fifty-two week high of $115.91. 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 company has a market cap of $3.76 billion, a price-to-earnings ratio of 33.01 and a beta of 1.42. The business’s 50 day moving average price is $90.65 and its 200-day moving average price is $96.98.

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

Brink’s Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 3rd were given a $0.2425 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $0.97 annualized dividend and a yield of 1.11%. Brink’s’s dividend payout ratio (DPR) is 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.