XTX Topco Ltd bought a new stake in The Brink's Company (NYSE:BCO - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 4,244 shares of the business services provider's stock, valued at approximately $394,000.
Several other hedge funds have also bought and sold shares of BCO. Mather Group LLC. raised its stake in Brink's by 146.2% in the 4th quarter. Mather Group LLC. now owns 293 shares of the business services provider's stock valued at $27,000 after acquiring an additional 174 shares during the period. Sierra Ocean LLC acquired a new stake in shares of Brink's during the 4th quarter worth about $36,000. Golden State Wealth Management LLC bought a new stake in shares of Brink's during the 4th quarter worth about $55,000. First Horizon Advisors Inc. grew its stake in Brink's by 41.0% in the 4th quarter. First Horizon Advisors Inc. now owns 860 shares of the business services provider's stock valued at $80,000 after buying an additional 250 shares during the last quarter. Finally, Headlands Technologies LLC bought a new position in Brink's in the 4th quarter valued at about $152,000. 94.96% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered Brink's from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 8th.
Check Out Our Latest Report on BCO
Brink's Stock Performance
NYSE:BCO traded down $1.49 during mid-day trading on Friday, reaching $89.44. 344,516 shares of the company's stock were exchanged, compared to its average volume of 293,059. 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 quick ratio of 1.57 and a current ratio of 1.57. The business's fifty day simple moving average is $87.97 and its two-hundred day simple moving average is $93.54. The firm has a market capitalization of $3.86 billion, a PE ratio of 33.88 and a beta of 1.27.
Brink's (NYSE:BCO - Get Free Report) last announced its earnings results on Wednesday, February 26th. The business services provider reported $2.12 EPS for the quarter, topping the consensus estimate of $1.86 by $0.26. The company had revenue of $1.26 billion for the quarter, compared to analysts' expectations of $1.25 billion. Brink's had a net margin of 2.37% and a return on equity of 71.46%. Analysts anticipate that The Brink's Company will post 6.49 earnings per share for the current fiscal year.
About Brink's
(
Free Report)
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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