Gamco Investors INC. ET AL Has $1.26 Million Position in The Brink's Company (NYSE:BCO)

Gamco Investors INC. ET AL lowered its stake in shares of The Brink's Company (NYSE:BCO - Free Report) by 22.3% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 13,605 shares of the business services provider's stock after selling 3,900 shares during the period. Gamco Investors INC. ET AL's holdings in Brink's were worth $1,262,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in BCO. Mather Group LLC. increased its holdings in 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 purchasing an additional 174 shares in the last quarter. Y Intercept Hong Kong Ltd raised its position in Brink's by 3.6% in 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 purchasing an additional 184 shares during the last quarter. Investment House LLC raised its position in Brink's by 7.0% in the 4th quarter. Investment House LLC now owns 2,920 shares of the business services provider's stock valued at $271,000 after purchasing an additional 190 shares during the last quarter. Harbor Capital Advisors Inc. raised its position in Brink's by 1.0% in the 4th quarter. Harbor Capital Advisors Inc. now owns 21,574 shares of the business services provider's stock valued at $2,001,000 after purchasing an additional 207 shares during the last quarter. Finally, Xponance Inc. raised its position in Brink's by 3.7% in the 4th quarter. Xponance Inc. now owns 6,244 shares of the business services provider's stock valued at $579,000 after purchasing an additional 223 shares during the last quarter. Institutional investors and hedge funds own 94.96% of the company's stock.

Brink's Trading Up 1.4 %

Shares of BCO stock traded up $1.27 on Thursday, reaching $92.16. 89,374 shares of the stock were exchanged, compared to its average volume of 290,471. The stock has a market cap of $3.98 billion, a PE ratio of 34.90 and a beta of 1.27. The Brink's Company has a one year low of $80.21 and a one 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 stock has a 50 day moving average price of $88.11 and a 200 day moving average price of $93.83.

Brink's (NYSE:BCO - Get Free Report) 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 company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.25 billion. Brink's had a return on equity of 71.46% and a net margin of 2.37%. Equities research analysts forecast that The Brink's Company will post 6.49 EPS for the current fiscal year.

Analysts Set New Price Targets

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

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.