3,436 Shares in The Brink's Company (NYSE:BCO) Purchased by Aristides Capital LLC

Aristides Capital LLC purchased a new position in The Brink's Company (NYSE:BCO - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 3,436 shares of the business services provider's stock, valued at approximately $319,000.

Several other hedge funds and other institutional investors have also made changes to their positions in BCO. Mather Group LLC. lifted its position in shares of Brink's by 146.2% in the fourth quarter. Mather Group LLC. now owns 293 shares of the business services provider's stock worth $27,000 after buying an additional 174 shares in the last quarter. Sierra Ocean LLC bought a new stake in Brink's in the 4th quarter worth approximately $36,000. Golden State Wealth Management LLC purchased a new stake in shares of Brink's during the 4th quarter worth approximately $55,000. First Horizon Advisors Inc. boosted its position in shares of Brink's by 41.0% during the 4th quarter. First Horizon Advisors Inc. now owns 860 shares of the business services provider's stock valued at $80,000 after acquiring an additional 250 shares during the last quarter. Finally, Headlands Technologies LLC bought a new position in shares of Brink's during the 4th quarter valued at approximately $152,000. Institutional investors own 94.96% of the company's stock.

Brink's Trading Up 4.0 %

NYSE BCO traded up $3.34 during trading hours on Friday, hitting $86.40. 348,923 shares of the company were exchanged, compared to its average volume of 289,113. The stock has a market cap of $3.73 billion, a PE ratio of 32.73 and a beta of 1.27. The Brink's Company has a 52 week low of $80.21 and a 52 week high of $115.91. The stock has a 50-day moving average price of $88.83 and a 200 day moving average price of $95.07. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 8.76.

Brink's (NYSE:BCO - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The business services provider reported $2.12 earnings per share 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 analyst estimates of $1.25 billion. Brink's had a return on equity of 71.46% and a net margin of 2.37%. Analysts forecast that The Brink's Company will post 6.49 earnings per share for the current fiscal year.

Brink's Dividend Announcement

The company 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. This represents a $0.97 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend was Monday, February 3rd. Brink's's dividend payout ratio (DPR) is currently 26.87%.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Brink's from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 8th.

About Brink's

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.