Sei Investments Co. Has $23.35 Million Stake in The Brink's Company (NYSE:BCO)

Sei Investments Co. lifted its holdings in The Brink's Company (NYSE:BCO - Free Report) by 10.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 251,661 shares of the business services provider's stock after purchasing an additional 23,125 shares during the quarter. Sei Investments Co. owned 0.58% of Brink's worth $23,347,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in BCO. Raymond James Trust N.A. acquired a new stake in shares of Brink's in the 3rd quarter valued at approximately $412,000. Citigroup Inc. raised its holdings in shares of Brink's by 134.2% in the 3rd quarter. Citigroup Inc. now owns 42,301 shares of the business services provider's stock valued at $4,892,000 after purchasing an additional 24,236 shares during the period. Cerity Partners LLC lifted its stake in Brink's by 32.7% in the 3rd quarter. Cerity Partners LLC now owns 14,378 shares of the business services provider's stock valued at $1,663,000 after purchasing an additional 3,544 shares during the last quarter. Larson Financial Group LLC grew its holdings in Brink's by 144.5% during the third quarter. Larson Financial Group LLC now owns 2,423 shares of the business services provider's stock worth $280,000 after purchasing an additional 1,432 shares during the period. Finally, Townsquare Capital LLC acquired a new position in Brink's during the third quarter worth approximately $278,000. Institutional investors and hedge funds own 94.96% of the company's stock.

Brink's Stock Performance

Shares of BCO traded down $0.88 during trading hours on Friday, hitting $87.13. The company had a trading volume of 192,279 shares, compared to its average volume of 275,831. The business has a fifty day moving average of $90.65 and a 200-day moving average of $96.98. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 8.76. The firm has a market cap of $3.76 billion, a price-to-earnings ratio of 33.01 and a beta of 1.42. The Brink's Company has a 12 month low of $82.78 and a 12 month high of $115.91.

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Brink's (NYSE:BCO - Get Free Report) last announced its quarterly earnings results 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 business 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%. Equities analysts anticipate that The Brink's Company will post 6.49 EPS for the current fiscal year.

Brink's Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 3rd were paid a $0.2425 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $0.97 annualized dividend and a yield of 1.11%. Brink's's dividend payout ratio (DPR) is presently 26.87%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Brink's from a "strong-buy" rating to a "buy" rating in a research report 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.