The Brink's Company (NYSE:BCO) Shares Sold by Zuckerman Investment Group LLC

Zuckerman Investment Group LLC reduced its stake in The Brink's Company (NYSE:BCO - Free Report) by 24.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 119,696 shares of the business services provider's stock after selling 38,204 shares during the period. Zuckerman Investment Group LLC owned approximately 0.27% of Brink's worth $10,985,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in BCO. Mather Group LLC. increased its position in shares of 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 purchasing an additional 174 shares during the last quarter. Sierra Ocean LLC purchased a new position in shares of Brink's during the fourth quarter worth about $36,000. Golden State Wealth Management LLC purchased a new stake in shares of Brink's in the 4th quarter valued at about $55,000. First Horizon Advisors Inc. grew its stake in Brink's by 41.0% during the 4th quarter. First Horizon Advisors Inc. now owns 860 shares of the business services provider's stock worth $80,000 after buying an additional 250 shares during the last quarter. Finally, Headlands Technologies LLC purchased a new stake in Brink's in the fourth quarter valued at approximately $152,000. 94.96% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Brink's from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 8th.

Brink's Stock Performance

NYSE:BCO traded down $0.37 during midday trading on Tuesday, reaching $87.33. The stock had a trading volume of 62,943 shares, compared to its average volume of 297,426. The stock has a market cap of $3.77 billion, a P/E ratio of 33.08 and a beta of 1.27. 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 Brink's Company has a 12-month low of $80.21 and a 12-month high of $115.91. The firm has a fifty day simple moving average of $88.76 and a two-hundred day simple moving average of $94.76.

Brink's (NYSE:BCO - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The business services provider reported $2.12 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.26. Brink's had a return on equity of 71.46% and a net margin of 2.37%. The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.25 billion. On average, equities analysts expect that The Brink's Company will post 6.49 EPS for the current year.

Brink's Dividend Announcement

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 $0.2425 dividend. This represents a $0.97 annualized dividend and a dividend yield of 1.11%. The ex-dividend date of this dividend was Monday, February 3rd. Brink's's payout ratio is currently 26.87%.

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.