The Brink’s Company (NYSE:BCO) Stock Holdings Lowered by Boston Partners

Boston Partners lowered its position in shares of The Brink’s Company (NYSE:BCO) by 44.0% during the fourth quarter, Holdings Channel reports. The fund owned 539,945 shares of the business services provider’s stock after selling 424,842 shares during the quarter. Boston Partners’ holdings in Brink’s were worth $50,077,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in BCO. Wasatch Advisors LP acquired a new stake in shares of Brink’s during the third quarter valued at approximately $59,308,000. Raymond James Financial Inc. acquired a new stake in shares of Brink’s during the fourth quarter valued at approximately $8,257,000. State Street Corp raised its holdings in shares of Brink’s by 5.1% during the third quarter. State Street Corp now owns 1,718,765 shares of the business services provider’s stock valued at $198,758,000 after acquiring an additional 82,999 shares during the period. Barclays PLC raised its holdings in shares of Brink’s by 204.3% during the third quarter. Barclays PLC now owns 81,878 shares of the business services provider’s stock valued at $9,469,000 after acquiring an additional 54,975 shares during the period. Finally, Southernsun Asset Management LLC raised its holdings in shares of Brink’s by 11.0% during the third quarter. Southernsun Asset Management LLC now owns 517,932 shares of the business services provider’s stock valued at $59,894,000 after acquiring an additional 51,128 shares during the period. Institutional investors and hedge funds own 94.96% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Brink’s Price Performance

NYSE BCO opened at $87.38 on Thursday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 8.76. The company has a fifty day simple moving average of $91.32 and a 200 day simple moving average of $98.02. The company has a market cap of $3.77 billion, a P/E ratio of 33.10 and a beta of 1.42. The Brink’s Company has a 1 year low of $83.38 and a 1 year high of $115.91.

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

Brink’s Announces Dividend

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

Brink’s Company 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.