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

NBC Securities Inc. raised its position in The Brink's Company (NYSE:BCO - Free Report) by 113,300.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,938 shares of the business services provider's stock after purchasing an additional 7,931 shares during the quarter. NBC Securities Inc.'s holdings in Brink's were worth $683,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Rhumbline Advisers boosted its holdings in Brink's by 1.3% in the 1st quarter. Rhumbline Advisers now owns 159,159 shares of the business services provider's stock valued at $13,713,000 after purchasing an additional 2,101 shares during the last quarter. Summit Global Investments boosted its holdings in Brink's by 95.0% in the 1st quarter. Summit Global Investments now owns 6,459 shares of the business services provider's stock valued at $557,000 after purchasing an additional 3,147 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Brink's by 9,914.9% in the 1st quarter. GAMMA Investing LLC now owns 93,139 shares of the business services provider's stock valued at $8,025,000 after purchasing an additional 92,209 shares during the last quarter. Wellington Management Group LLP boosted its holdings in Brink's by 114.1% in the 4th quarter. Wellington Management Group LLP now owns 149,222 shares of the business services provider's stock valued at $13,843,000 after purchasing an additional 79,529 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in Brink's in the 4th quarter valued at about $220,000. 94.96% of the stock is currently owned by institutional investors and hedge funds.

Brink's Stock Up 0.6%

BCO traded up $0.52 during trading hours on Friday, hitting $83.90. 231,650 shares of the company's stock were exchanged, compared to its average volume of 305,013. The Brink's Company has a 12-month low of $80.10 and a 12-month high of $115.91. The firm has a 50 day moving average of $86.99 and a 200 day moving average of $90.13. The firm has a market cap of $3.52 billion, a P/E ratio of 31.78 and a beta of 1.43. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 8.76.

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

Brink's Increases Dividend

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

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered shares of Brink's from a "strong-buy" rating to a "buy" rating in a report 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.