Southernsun Asset Management LLC Acquires 79,701 Shares of The Brink's Company (NYSE:BCO)

Southernsun Asset Management LLC raised its position in shares of The Brink's Company (NYSE:BCO - Free Report) by 15.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 597,633 shares of the business services provider's stock after acquiring an additional 79,701 shares during the quarter. Brink's makes up approximately 6.9% of Southernsun Asset Management LLC's holdings, making the stock its largest position. Southernsun Asset Management LLC owned 1.37% of Brink's worth $55,442,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of BCO. Mather Group LLC. grew its position 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 during the last quarter. Sierra Ocean LLC purchased a new position in shares of Brink's in the fourth quarter valued at about $36,000. Golden State Wealth Management LLC bought a new position in shares of Brink's during the 4th quarter valued at approximately $55,000. First Horizon Advisors Inc. raised its stake in shares of Brink's by 41.0% in the fourth 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 period. Finally, Headlands Technologies LLC bought a new stake in shares of Brink's during the fourth quarter valued at approximately $152,000. 94.96% of the stock is owned by institutional investors.

Brink's Trading Up 0.0 %

Shares of NYSE BCO traded up $0.02 during trading on Thursday, reaching $90.91. The stock had a trading volume of 437,134 shares, compared to its average volume of 292,472. The company has a market cap of $3.93 billion, a P/E ratio of 34.44 and a beta of 1.27. The business's 50-day moving average price is $88.06 and its 200-day moving average price is $93.69. The Brink's Company has a fifty-two week low of $80.21 and a fifty-two week high of $115.91. The company has a debt-to-equity ratio of 8.76, a quick ratio of 1.57 and a current ratio of 1.57.

Brink's (NYSE:BCO - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The business services provider reported $2.12 EPS for the quarter, beating analysts' consensus estimates 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 net margin of 2.37% and a return on equity of 71.46%. On average, equities research analysts predict that The Brink's Company will post 6.49 EPS for the current fiscal year.

Analyst Ratings Changes

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

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.