Universal Beteiligungs und Servicegesellschaft mbH Increases Stake in Brink's Company (The) $BCO

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in Brink's by 83.5% in Q4 to 60,349 shares, representing about 0.15% of the company and valued at roughly $7.06 million.
• Brink's beat Q4 expectations with EPS of $2.54 (vs. $2.47) and revenue of $1.38 billion (up 9.1% year-over-year), and analysts forecast full-year EPS of about 8.89.
• Analysts have lifted ratings and targets—Goldman Sachs $145 (buy), Truist $163 (buy), Wall Street Zen upgraded to "strong-buy"—with a consensus price target of about $154 and an average "Moderate Buy" rating.

Universal Beteiligungs und Servicegesellschaft mbH increased its position in Brink's Company (The) (NYSE:BCO - Free Report) by 83.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 60,349 shares of the business services provider's stock after acquiring an additional 27,458 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.15% of Brink's worth $7,064,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Advisory Services Network LLC purchased a new stake in Brink's in the 3rd quarter worth about $33,000. Mather Group LLC. purchased a new position in Brink's during the 3rd quarter valued at about $34,000. Optiver Holding B.V. grew its holdings in Brink's by 42.9% during the 3rd quarter. Optiver Holding B.V. now owns 353 shares of the business services provider's stock valued at $41,000 after buying an additional 106 shares in the last quarter. Wexford Capital LP bought a new stake in shares of Brink's during the 3rd quarter valued at about $42,000. Finally, Hantz Financial Services Inc. boosted its position in shares of Brink's by 120.3% during the 3rd quarter. Hantz Financial Services Inc. now owns 401 shares of the business services provider's stock valued at $47,000 after acquiring an additional 219 shares during the last quarter. Hedge funds and other institutional investors own 94.96% of the company's stock.

Brink's Stock Performance

Shares of BCO stock opened at $106.85 on Tuesday. The company has a debt-to-equity ratio of 9.35, a quick ratio of 1.51 and a current ratio of 1.51. Brink's Company has a fifty-two week low of $80.10 and a fifty-two week high of $136.37. The stock has a 50 day moving average price of $111.87 and a two-hundred day moving average price of $116.06. The company has a market capitalization of $4.40 billion, a P/E ratio of 22.78 and a beta of 1.12.

Brink's (NYSE:BCO - Get Free Report) last posted its earnings results on Thursday, February 26th. The business services provider reported $2.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.47 by $0.07. Brink's had a return on equity of 89.90% and a net margin of 3.80%.The firm had revenue of $1.38 billion for the quarter, compared to analysts' expectations of $1.35 billion. During the same period in the previous year, the firm earned $2.12 earnings per share. The business's revenue was up 9.1% compared to the same quarter last year. Analysts expect that Brink's Company will post 8.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on BCO shares. The Goldman Sachs Group lifted their price target on Brink's from $129.00 to $145.00 and gave the company a "buy" rating in a research report on Monday, March 2nd. Truist Financial boosted their target price on Brink's from $138.00 to $163.00 and gave the stock a "buy" rating in a research report on Tuesday, February 10th. Finally, Wall Street Zen upgraded Brink's from a "buy" rating to a "strong-buy" rating in a research report on Sunday, March 15th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $154.00.

Brink's Profile

The Brink's Company NYSE: BCO is a global leader in secure logistics and cash management solutions. The company provides a comprehensive suite of services that span armored transportation, cash-in-transit (CIT), ATM services, smart safe solutions, and valuables storage. Through its network of service centers and armored vehicles, Brink's ensures the safe and efficient movement of currency, precious metals, and other high-value assets for banks, retailers, mints, and government agencies.

Brink's armored transport operations are complemented by technology-driven cash management offerings, including deposit automation and secure vaulting.

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