The Brink's Company (NYSE:BCO) Stock Holdings Trimmed by Edgestream Partners L.P.

Edgestream Partners L.P. reduced its position in The Brink's Company (NYSE:BCO - Free Report) by 27.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,998 shares of the business services provider's stock after selling 3,333 shares during the quarter. Edgestream Partners L.P.'s holdings in Brink's were worth $835,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BCO. Mather Group LLC. grew its holdings in shares of Brink's by 146.2% during the fourth 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 bought a new position in shares of Brink's during the fourth quarter valued at approximately $36,000. Golden State Wealth Management LLC bought a new position in shares of Brink's during the fourth quarter valued at approximately $55,000. First Horizon Advisors Inc. grew its holdings in shares of Brink's by 200.5% during the third quarter. First Horizon Advisors Inc. now owns 610 shares of the business services provider's stock valued at $71,000 after purchasing an additional 407 shares during the last quarter. Finally, US Bancorp DE grew its holdings in shares of Brink's by 7.1% during the third quarter. US Bancorp DE now owns 1,584 shares of the business services provider's stock valued at $183,000 after purchasing an additional 105 shares during the last quarter. 94.96% of the stock is owned by institutional investors.

Brink's Stock Performance

Shares of NYSE BCO opened at $87.53 on Wednesday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 8.76. The stock has a 50 day simple moving average of $92.25 and a 200-day simple moving average of $99.09. The company has a market cap of $3.78 billion, a PE ratio of 33.15 and a beta of 1.42. The Brink's Company has a 12-month low of $83.40 and a 12-month high of $115.91.

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Brink's (NYSE:BCO - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The business services provider reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.26. The business 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%. On average, equities research analysts forecast that The Brink's Company will post 6.49 EPS for the current year.

Brink's Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 3rd were given a dividend of $0.2425 per share. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $0.97 annualized dividend and a dividend yield of 1.11%. Brink's's dividend payout ratio is presently 26.87%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Brink's from a "strong-buy" rating to a "buy" rating in a report on Saturday.

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.

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