4,636 Shares in The Brink's Company (NYSE:BCO) Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. acquired a new position in The Brink's Company (NYSE:BCO - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,636 shares of the business services provider's stock, valued at approximately $430,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. FMR LLC lifted its stake in Brink's by 12.0% during the fourth quarter. FMR LLC now owns 4,755,037 shares of the business services provider's stock worth $441,125,000 after purchasing an additional 510,389 shares during the period. Norges Bank bought a new position in shares of Brink's during the 4th quarter worth approximately $46,603,000. Ariel Investments LLC lifted its position in shares of Brink's by 12.3% during the 4th quarter. Ariel Investments LLC now owns 1,282,104 shares of the business services provider's stock worth $118,941,000 after buying an additional 140,895 shares during the period. Ameriprise Financial Inc. boosted its stake in Brink's by 210.0% in the 4th quarter. Ameriprise Financial Inc. now owns 198,656 shares of the business services provider's stock valued at $18,429,000 after buying an additional 134,582 shares in the last quarter. Finally, Balyasny Asset Management L.P. grew its position in Brink's by 24.7% in the fourth 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 period. 94.96% of the stock is currently owned by institutional investors and hedge funds.

Brink's Trading Down 0.0%

Shares of BCO traded down $0.02 during trading hours on Monday, hitting $82.04. 420,848 shares of the stock traded hands, compared to its average volume of 302,937. The firm has a market capitalization of $3.45 billion, a PE ratio of 31.07 and a beta of 1.42. The Brink's Company has a 1-year low of $80.15 and a 1-year high of $115.91. 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 business has a fifty day moving average of $87.43 and a 200-day moving average of $90.44.

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

Brink's Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 19th will be issued a $0.255 dividend. The ex-dividend date of this dividend is Monday, May 19th. This is a positive change from Brink's's previous quarterly dividend of $0.24. This represents a $1.02 annualized dividend and a yield of 1.24%. Brink's's dividend payout ratio (DPR) is 27.57%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered Brink's from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 8th.

About Brink's

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.