The Brink's Company (NYSE:BCO) Shares Purchased by NBC Securities Inc.

NBC Securities Inc. boosted its stake in shares of The Brink's Company (NYSE:BCO - Free Report) by 113,300.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,938 shares of the business services provider's stock after buying an additional 7,931 shares during the period. NBC Securities Inc.'s holdings in Brink's were worth $683,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of BCO. KBC Group NV lifted its stake in shares of Brink's by 61.6% during the 4th quarter. KBC Group NV now owns 1,721 shares of the business services provider's stock worth $160,000 after purchasing an additional 656 shares during the last quarter. Mather Group LLC. lifted its position in shares of Brink's by 146.2% during the fourth quarter. Mather Group LLC. now owns 293 shares of the business services provider's stock valued at $27,000 after buying an additional 174 shares during the last quarter. Choreo LLC bought a new stake in shares of Brink's in the 4th quarter valued at about $463,000. Golden State Wealth Management LLC purchased a new position in shares of Brink's in the 4th quarter worth approximately $55,000. Finally, Kingsview Wealth Management LLC bought a new position in shares of Brink's during the 4th quarter worth approximately $1,649,000. Institutional investors own 94.96% of the company's stock.

Brink's Stock Up 0.6%

NYSE:BCO traded up $0.52 during mid-day trading on Friday, hitting $83.90. 231,650 shares of the company's stock traded hands, compared to its average volume of 304,105. The company has a fifty day moving average of $87.09 and a 200 day moving average of $90.22. 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 Brink's Company has a twelve month low of $80.10 and a twelve month high of $115.91. The company has a market capitalization of $3.52 billion, a P/E ratio of 31.78 and a beta of 1.43.

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

Brink's Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 19th were paid a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a yield of 1.22%. The ex-dividend date was Monday, May 19th. This is an increase from Brink's's previous quarterly dividend of $0.24. Brink's's payout ratio is presently 27.57%.

Wall Street Analyst Weigh In

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

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.