Ariel Investments LLC Purchases 140,895 Shares of The Brink's Company (NYSE:BCO)

Ariel Investments LLC grew its position in shares of The Brink's Company (NYSE:BCO - Free Report) by 12.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,282,104 shares of the business services provider's stock after buying an additional 140,895 shares during the quarter. Ariel Investments LLC owned approximately 2.94% of Brink's worth $118,941,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in BCO. FMR LLC lifted its stake in Brink's by 12.0% in the fourth quarter. FMR LLC now owns 4,755,037 shares of the business services provider's stock valued at $441,125,000 after acquiring an additional 510,389 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of Brink's by 0.7% in the 4th quarter. American Century Companies Inc. now owns 1,496,660 shares of the business services provider's stock valued at $138,845,000 after purchasing an additional 9,777 shares during the last quarter. Northern Trust Corp boosted its holdings in Brink's by 14.0% in the fourth quarter. Northern Trust Corp now owns 613,301 shares of the business services provider's stock worth $56,896,000 after purchasing an additional 75,138 shares in the last quarter. Southernsun Asset Management LLC raised its holdings in Brink's by 15.4% during the fourth quarter. Southernsun Asset Management LLC now owns 597,633 shares of the business services provider's stock valued at $55,442,000 after buying an additional 79,701 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Brink's by 1.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 541,848 shares of the business services provider's stock worth $50,267,000 after buying an additional 5,109 shares during the last quarter. Institutional investors own 94.96% of the company's stock.

Brink's Stock Performance

Shares of NYSE:BCO traded down $0.31 during midday trading on Monday, hitting $91.12. The company's stock had a trading volume of 341,001 shares, compared to its average volume of 294,805. 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 stock's 50 day simple moving average is $87.53 and its 200 day simple moving average is $92.38. The stock has a market capitalization of $3.94 billion, a price-to-earnings ratio of 34.52 and a beta of 1.27. The Brink's Company has a fifty-two week low of $80.21 and a fifty-two week high of $115.91.

Brink's (NYSE:BCO - Get Free Report) last released its earnings results on Wednesday, February 26th. The business services provider reported $2.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $1.25 billion. As a group, research analysts anticipate that The Brink's Company will post 6.49 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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