Villanova Investment Management Co LLC Decreases Stock Holdings in Brink's Company (The) $BCO

Key Points

• Villanova Investment Management Co LLC reduced its stake in Brink's Company (The) by 64.1% to 5,611 shares, following the sale of 10,036 shares in the first quarter.
• Brink's Company reported $1.79 earnings per share for the last quarter, exceeding analysts’ expectations and representing a 3.8% year-over-year revenue increase.
• The company announced a quarterly dividend of $0.255, with an annualized yield of 0.9% and a payout ratio of 27.57%.

Villanova Investment Management Co LLC decreased its stake in Brink's Company (The) (NYSE:BCO - Free Report) by 64.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,611 shares of the business services provider's stock after selling 10,036 shares during the period. Villanova Investment Management Co LLC's holdings in Brink's were worth $483,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in BCO. UMB Bank n.a. increased its holdings in shares of Brink's by 1,450.0% in the 1st quarter. UMB Bank n.a. now owns 496 shares of the business services provider's stock worth $43,000 after buying an additional 464 shares during the last quarter. Hexagon Capital Partners LLC increased its holdings in shares of Brink's by 32.0% in the 1st 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 last quarter. First Horizon Advisors Inc. increased its holdings in shares of Brink's by 20.2% in the 1st quarter. First Horizon Advisors Inc. now owns 1,034 shares of the business services provider's stock worth $89,000 after buying an additional 174 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Brink's by 16.2% in the 1st quarter. GAMMA Investing LLC now owns 1,081 shares of the business services provider's stock worth $93,000 after buying an additional 151 shares during the last quarter. Finally, Golden State Wealth Management LLC increased its holdings in shares of Brink's by 102.2% in the 1st quarter. Golden State Wealth Management LLC now owns 1,205 shares of the business services provider's stock worth $104,000 after buying an additional 609 shares during the last quarter. Institutional investors own 94.96% of the company's stock.

Insider Buying and Selling at Brink's

In other Brink's news, EVP Daniel J. Castillo sold 21,700 shares of the business's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $109.70, for a total value of $2,380,490.00. Following the transaction, the executive vice president owned 22,188 shares in the company, valued at approximately $2,434,023.60. The trade was a 49.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Arthelbert Louis Parker sold 540 shares of the business's stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $115.00, for a total transaction of $62,100.00. Following the completion of the transaction, the director owned 6,603 shares in the company, valued at $759,345. The trade was a 7.56% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 27,058 shares of company stock worth $2,946,513 in the last 90 days. 0.72% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Brink's from a "hold" rating to a "strong-buy" rating in a report on Sunday, August 10th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $138.00.

Brink's Trading Down 0.9%

NYSE:BCO traded down $1.03 during trading hours on Tuesday, reaching $114.17. The company's stock had a trading volume of 60,652 shares, compared to its average volume of 313,164. The firm has a market capitalization of $4.76 billion, a price-to-earnings ratio of 30.86 and a beta of 1.48. The firm has a 50-day simple moving average of $103.17 and a 200-day simple moving average of $92.82. Brink's Company has a 1 year low of $80.10 and a 1 year high of $117.65. The company has a debt-to-equity ratio of 9.84, a quick ratio of 1.51 and a current ratio of 1.51.

Brink's (NYSE:BCO - Get Free Report) last issued its earnings results on Wednesday, August 6th. The business services provider reported $1.79 EPS for the quarter, topping analysts' consensus estimates of $1.43 by $0.36. The company had revenue of $1.30 billion for the quarter, compared to analysts' expectations of $1.27 billion. Brink's had a net margin of 3.21% and a return on equity of 86.86%. The firm's revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.67 EPS. Research analysts expect that Brink's Company will post 6.49 EPS for the current fiscal year.

Brink's Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, July 28th were given a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Monday, July 28th. Brink's's dividend payout ratio (DPR) is presently 27.57%.

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.