3,960 Shares in The Brink's Company (NYSE:BCO) Bought by Freestone Grove Partners LP

Freestone Grove Partners LP bought a new position in The Brink's Company (NYSE:BCO - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 3,960 shares of the business services provider's stock, valued at approximately $367,000.

Other large investors also recently bought and sold shares of the company. Barclays PLC raised its position in Brink's by 204.3% during the 3rd quarter. Barclays PLC now owns 81,878 shares of the business services provider's stock worth $9,469,000 after buying an additional 54,975 shares during the last quarter. Franklin Resources Inc. lifted its holdings in Brink's by 19.9% in the third quarter. Franklin Resources Inc. now owns 292,468 shares of the business services provider's stock valued at $32,862,000 after acquiring an additional 48,482 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Brink's by 10.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 241,277 shares of the business services provider's stock worth $27,901,000 after purchasing an additional 23,781 shares during the period. Oliver Luxxe Assets LLC grew its stake in shares of Brink's by 6.6% during the 4th quarter. Oliver Luxxe Assets LLC now owns 31,421 shares of the business services provider's stock worth $2,915,000 after purchasing an additional 1,936 shares during the period. Finally, Harbor Capital Advisors Inc. boosted its holdings in Brink's by 1.0% during the fourth quarter. Harbor Capital Advisors Inc. now owns 21,574 shares of the business services provider's stock worth $2,001,000 after buying an additional 207 shares in the last quarter. Hedge funds and other institutional investors own 94.96% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com lowered Brink's from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 8th.

Brink's Price Performance

Shares of Brink's stock traded up $2.27 on Thursday, hitting $93.33. 350,432 shares of the company were exchanged, compared to its average volume of 294,351. The company has a 50-day moving average price of $87.57 and a 200 day moving average price of $92.28. The stock has a market capitalization of $4.03 billion, a price-to-earnings ratio of 35.35 and a beta of 1.42. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 8.76. The Brink's Company has a 1-year low of $80.21 and a 1-year high of $115.91.

Brink's (NYSE:BCO - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The business services provider reported $2.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.26. The business had revenue of $1.26 billion during the quarter, compared to analysts' expectations of $1.25 billion. Brink's had a return on equity of 71.46% and a net margin of 2.37%. As a group, sell-side analysts predict that The Brink's Company will post 6.49 earnings per share for the current fiscal year.

Brink's Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 19th will be paid a $0.255 dividend. This represents a $1.02 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend is Monday, May 19th. This is an increase from Brink's's previous quarterly dividend of $0.24. Brink's's dividend payout ratio is currently 26.87%.

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.