The Brink's Company (NYSE:BCO) Shares Bought by Barclays PLC

Barclays PLC boosted its stake in The Brink's Company (NYSE:BCO - Free Report) by 25.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 102,581 shares of the business services provider's stock after purchasing an additional 20,703 shares during the quarter. Barclays PLC owned about 0.24% of Brink's worth $9,516,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CenterBook Partners LP grew its stake in shares of Brink's by 44.1% during the 4th quarter. CenterBook Partners LP now owns 27,608 shares of the business services provider's stock valued at $2,561,000 after buying an additional 8,447 shares during the period. Raymond James Financial Inc. acquired a new stake in Brink's during the fourth quarter worth about $8,257,000. Invesco Ltd. raised its holdings in shares of Brink's by 32.1% in the 4th quarter. Invesco Ltd. now owns 339,596 shares of the business services provider's stock worth $31,504,000 after purchasing an additional 82,451 shares during the period. Bank of Montreal Can lifted its stake in shares of Brink's by 22.9% in the 4th quarter. Bank of Montreal Can now owns 5,869 shares of the business services provider's stock valued at $544,000 after purchasing an additional 1,092 shares in the last quarter. Finally, FMR LLC grew its holdings in shares of Brink's by 12.0% during the 4th quarter. FMR LLC now owns 4,755,037 shares of the business services provider's stock worth $441,125,000 after purchasing an additional 510,389 shares during the period. Institutional investors and hedge funds own 94.96% of the company's stock.

Brink's Stock Up 3.1 %

Shares of NYSE BCO opened at $89.70 on Wednesday. The stock has a fifty day moving average price of $88.16 and a 200 day moving average price of $93.85. The company has a market cap of $3.88 billion, a P/E ratio of 33.98 and a beta of 1.27. The Brink's Company has a 12-month low of $80.21 and a 12-month high of $115.91. The company has a current ratio of 1.57, a quick 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, topping analysts' consensus estimates 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 return on equity of 71.46% and a net margin of 2.37%. Research analysts anticipate that The Brink's Company will post 6.49 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of 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.

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