Stephens Inc. AR Acquires Shares of 3,860 Brink's Company (The) (NYSE:BCO)

Stephens Inc. AR purchased a new position in Brink's Company (The) (NYSE:BCO - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,860 shares of the business services provider's stock, valued at approximately $333,000.

A number of other large investors also recently modified their holdings of the business. New York State Common Retirement Fund increased its holdings in shares of Brink's by 7.1% in the 1st quarter. New York State Common Retirement Fund now owns 271,720 shares of the business services provider's stock worth $23,411,000 after acquiring an additional 17,911 shares during the period. Xponance Inc. boosted its holdings in shares of Brink's by 2.0% in the first quarter. Xponance Inc. now owns 6,372 shares of the business services provider's stock worth $549,000 after buying an additional 128 shares during the period. Hexagon Capital Partners LLC boosted its holdings in shares of Brink's by 32.0% in the first quarter. Hexagon Capital Partners LLC now owns 536 shares of the business services provider's stock worth $46,000 after buying an additional 130 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of Brink's by 1.2% in the first quarter. Principal Financial Group Inc. now owns 126,741 shares of the business services provider's stock worth $10,920,000 after buying an additional 1,441 shares during the period. Finally, Teacher Retirement System of Texas acquired a new stake in shares of Brink's during the first quarter worth approximately $550,000. 94.96% of the stock is currently owned by institutional investors.

Brink's Stock Performance

BCO stock opened at $93.34 on Friday. 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 stock has a market cap of $3.92 billion, a P/E ratio of 25.23 and a beta of 1.43. The firm has a 50 day simple moving average of $87.97 and a 200 day simple moving average of $89.30. Brink's Company has a 52 week low of $80.10 and a 52 week high of $115.91.

Brink's (NYSE:BCO - Get Free Report) last released its quarterly earnings results on Monday, May 12th. The business services provider reported $1.62 EPS for the quarter, beating analysts' consensus estimates of $1.19 by $0.43. Brink's had a net margin of 3.29% and a return on equity of 82.89%. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter last year, the firm posted $1.52 earnings per share. The company's quarterly revenue was up .9% compared to the same quarter last year. Research analysts anticipate that Brink's Company will post 6.49 earnings per share for the current fiscal year.

Brink's Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, July 28th will be issued a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend is Monday, July 28th. Brink's's dividend payout ratio 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.

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