New York State Teachers Retirement System Has $4.49 Million Stake in Brink's Company (The) (NYSE:BCO)

New York State Teachers Retirement System lowered its position in shares of Brink's Company (The) (NYSE:BCO - Free Report) by 9.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 52,105 shares of the business services provider's stock after selling 5,304 shares during the period. New York State Teachers Retirement System owned 0.12% of Brink's worth $4,489,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its position in Brink's by 1.0% during 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 in the last quarter. Assetmark Inc. raised its position in Brink's by 3.3% during the 4th quarter. Assetmark Inc. now owns 8,072 shares of the business services provider's stock worth $749,000 after purchasing an additional 259 shares during the last quarter. Raymond James Financial Inc. bought a new position in Brink's during the 4th quarter worth $8,257,000. Cibc World Markets Corp bought a new position in Brink's during the 4th quarter worth $385,000. Finally, Intech Investment Management LLC raised its position in Brink's by 122.8% during the 4th quarter. Intech Investment Management LLC now owns 29,222 shares of the business services provider's stock worth $2,711,000 after purchasing an additional 16,107 shares during the last quarter. Institutional investors own 94.96% of the company's stock.

Brink's Trading Down 0.0%

Shares of BCO stock traded down $0.02 during mid-day trading on Monday, hitting $94.44. The company's stock had a trading volume of 235,925 shares, compared to its average volume of 307,565. The company's fifty day simple moving average is $87.40 and its 200-day simple moving average is $89.13. Brink's Company has a 52 week low of $80.10 and a 52 week high of $115.91. The company has a debt-to-equity ratio of 10.93, a quick ratio of 1.52 and a current ratio of 1.52. The company has a market cap of $3.97 billion, a PE ratio of 25.52 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 for the quarter, topping the consensus estimate of $1.19 by $0.43. Brink's had a return on equity of 82.89% and a net margin of 3.29%. The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same period last year, the company posted $1.52 EPS. The business's quarterly revenue was up .9% on a year-over-year basis. As a group, equities research analysts expect that Brink's Company will post 6.49 earnings per share for the current fiscal year.

Brink's Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 19th were paid a $0.255 dividend. The ex-dividend date of this dividend was Monday, May 19th. This is an increase from Brink's's previous quarterly dividend of $0.24. This represents a $1.02 annualized dividend and a dividend yield of 1.08%. Brink's's dividend payout ratio (DPR) is currently 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.