Deutsche Bank AG Purchases 12,495 Shares of The Brink's Company (NYSE:BCO)

Deutsche Bank AG lifted its position in The Brink's Company (NYSE:BCO - Free Report) by 4.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 277,851 shares of the business services provider's stock after buying an additional 12,495 shares during the period. Deutsche Bank AG owned approximately 0.64% of Brink's worth $25,776,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in BCO. Cetera Investment Advisers raised its stake in Brink's by 26.1% during the 4th quarter. Cetera Investment Advisers now owns 2,732 shares of the business services provider's stock valued at $253,000 after purchasing an additional 565 shares during the last quarter. Caxton Associates LP lifted its position in Brink's by 45.4% during the 4th quarter. Caxton Associates LP now owns 24,642 shares of the business services provider's stock valued at $2,286,000 after purchasing an additional 7,690 shares during the period. Balyasny Asset Management L.P. raised its position in shares of Brink's by 24.7% during the 4th quarter. Balyasny Asset Management L.P. now owns 481,115 shares of the business services provider's stock valued at $44,633,000 after acquiring an additional 95,318 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Brink's by 210.0% during the fourth quarter. Ameriprise Financial Inc. now owns 198,656 shares of the business services provider's stock worth $18,429,000 after buying an additional 134,582 shares during the last quarter. Finally, Algert Global LLC increased its position in shares of Brink's by 66.5% in the 4th quarter. Algert Global LLC now owns 10,101 shares of the business services provider's stock valued at $937,000 after buying an additional 4,035 shares in the last quarter. 94.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Brink's Trading Up 1.0%

Shares of BCO stock traded up $0.88 during mid-day trading on Tuesday, hitting $86.99. The company's stock had a trading volume of 29,671 shares, compared to its average volume of 298,908. The company has a market cap of $3.65 billion, a PE ratio of 32.91 and a beta of 1.42. The Brink's Company has a 52 week low of $80.21 and a 52 week 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 company's fifty day simple moving average is $87.90 and its 200-day simple moving average is $91.46.

Brink's (NYSE:BCO - Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The business services provider reported $1.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.19 by $0.43. Brink's had a return on equity of 71.46% and a net margin of 2.37%. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the prior year, the company earned $1.52 EPS. The business's revenue for the quarter was up .9% on a year-over-year basis. As a group, equities research analysts expect that The Brink's Company will post 6.49 earnings per share for the current fiscal year.

Brink's Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 19th will be paid a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a dividend yield of 1.17%. This is an increase from Brink's's previous quarterly dividend of $0.24. The ex-dividend date is Monday, May 19th. Brink's's dividend payout ratio is 27.57%.

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.