Aristides Capital LLC Buys New Stake in The Brink’s Company (NYSE:BCO)

Aristides Capital LLC bought a new stake in The Brink’s Company (NYSE:BCO) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 3,436 shares of the business services provider’s stock, valued at approximately $319,000.

Several other institutional investors and hedge funds have also bought and sold shares of BCO. Captrust Financial Advisors boosted its position in shares of Brink’s by 32.6% in the 3rd quarter. Captrust Financial Advisors now owns 6,276 shares of the business services provider’s stock worth $726,000 after purchasing an additional 1,543 shares in the last quarter. HighTower Advisors LLC purchased a new stake in Brink’s in the third quarter valued at about $205,000. Stifel Financial Corp acquired a new stake in Brink’s in the third quarter worth about $575,000. State Street Corp boosted its holdings in Brink’s by 5.1% in the third quarter. State Street Corp now owns 1,718,765 shares of the business services provider’s stock worth $198,758,000 after acquiring an additional 82,999 shares in the last quarter. Finally, Wellington Management Group LLP grew its stake in shares of Brink’s by 203.5% during the third quarter. Wellington Management Group LLP now owns 69,693 shares of the business services provider’s stock worth $8,059,000 after acquiring an additional 46,729 shares during the last quarter. 94.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Brink’s Stock Performance

Shares of BCO stock opened at $84.53 on Monday. The business has a fifty day moving average of $90.07 and a 200 day moving average of $96.18. The Brink’s Company has a 1 year low of $82.28 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 firm has a market capitalization of $3.65 billion, a price-to-earnings ratio of 32.02 and a beta of 1.27.

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

Brink’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 3rd were issued a $0.2425 dividend. The ex-dividend date was Monday, February 3rd. This represents a $0.97 annualized dividend and a dividend yield of 1.15%. 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.