Villanova Investment Management Co LLC Increases Stake in The Brink’s Company (NYSE:BCO)

Villanova Investment Management Co LLC increased its stake in The Brink’s Company (NYSE:BCO) by 11.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 15,647 shares of the business services provider’s stock after acquiring an additional 1,572 shares during the period. Villanova Investment Management Co LLC’s holdings in Brink’s were worth $1,452,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Mather Group LLC. boosted its holdings in shares of Brink’s by 146.2% during the 4th quarter. Mather Group LLC. now owns 293 shares of the business services provider’s stock valued at $27,000 after buying an additional 174 shares in the last quarter. Sierra Ocean LLC bought a new position in shares of Brink’s in the 4th quarter worth about $36,000. Golden State Wealth Management LLC bought a new stake in Brink’s during the fourth quarter worth about $55,000. First Horizon Advisors Inc. grew its holdings in Brink’s by 41.0% in the fourth quarter. First Horizon Advisors Inc. now owns 860 shares of the business services provider’s stock worth $80,000 after purchasing an additional 250 shares during the period. Finally, Headlands Technologies LLC purchased a new stake in Brink’s in the fourth quarter worth about $152,000. 94.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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 1.2 %

NYSE BCO opened at $86.15 on Tuesday. The stock’s fifty day moving average price is $90.52 and its 200-day moving average price is $96.83. 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 stock has a market cap of $3.72 billion, a P/E ratio of 32.63 and a beta of 1.42. The Brink’s Company has a 12 month low of $82.78 and a 12 month high of $115.91.

Brink’s (NYSE:BCO) last announced its quarterly earnings data 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 company had revenue of $1.26 billion for 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%. As a group, equities analysts forecast that The Brink’s Company will post 6.49 EPS for the current fiscal year.

Brink’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors 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 1.13%. Brink’s’s dividend payout ratio (DPR) is presently 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.