3,860 Shares in Brink's Company (The) (NYSE:BCO) Acquired by Stephens Inc. AR

Stephens Inc. AR purchased a new stake in shares of Brink's Company (The) (NYSE:BCO - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 3,860 shares of the business services provider's stock, valued at approximately $333,000.

Several other institutional investors have also made changes to their positions in the company. Raymond James Financial Inc. bought a new position in shares of Brink's during the fourth quarter worth about $8,257,000. Cibc World Markets Corp acquired a new stake in Brink's in the fourth quarter valued at approximately $385,000. Xponance Inc. grew its stake in Brink's by 3.7% in the fourth quarter. Xponance Inc. now owns 6,244 shares of the business services provider's stock valued at $579,000 after acquiring an additional 223 shares during the period. Summit Global Investments purchased a new position in Brink's in the fourth quarter worth $307,000. Finally, American Century Companies Inc. boosted its position in Brink's by 0.7% in the fourth quarter. American Century Companies Inc. now owns 1,496,660 shares of the business services provider's stock worth $138,845,000 after purchasing an additional 9,777 shares during the last quarter. 94.96% of the stock is currently owned by institutional investors and hedge funds.

Brink's Price Performance

Shares of BCO traded up $0.28 during trading hours on Wednesday, reaching $94.34. 155,686 shares of the company's stock traded hands, compared to its average volume of 304,556. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 10.93. The stock has a market cap of $3.96 billion, a PE ratio of 25.50 and a beta of 1.43. The firm's 50 day simple moving average is $88.16 and its 200-day simple moving average is $89.34. Brink's Company has a 12 month low of $80.10 and a 12 month high of $115.91.

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. The business had revenue of $1.25 billion during the quarter, compared to analysts' expectations of $1.21 billion. Brink's had a return on equity of 82.89% and a net margin of 3.29%. The firm's quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.52 earnings per share. Equities analysts expect that Brink's Company will post 6.49 EPS for the current year.

Brink's Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, July 28th will be paid a dividend of $0.255 per share. The ex-dividend date of this dividend is Monday, July 28th. This represents a $1.02 annualized dividend and a yield of 1.08%. Brink's's payout ratio is presently 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.