4,636 Shares in The Brink's Company (NYSE:BCO) Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. bought a new stake in shares of The Brink's Company (NYSE:BCO - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,636 shares of the business services provider's stock, valued at approximately $430,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Sound Income Strategies LLC increased its stake in Brink's by 13.6% in the 4th quarter. Sound Income Strategies LLC now owns 69,930 shares of the business services provider's stock worth $6,487,000 after acquiring an additional 8,352 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Brink's by 23.7% during the fourth quarter. JPMorgan Chase & Co. now owns 298,386 shares of the business services provider's stock worth $27,681,000 after purchasing an additional 57,109 shares in the last quarter. Y Intercept Hong Kong Ltd increased its position in shares of Brink's by 3.6% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 5,289 shares of the business services provider's stock worth $491,000 after purchasing an additional 184 shares during the last quarter. Profit Investment Management LLC raised its stake in Brink's by 13.9% in the fourth quarter. Profit Investment Management LLC now owns 24,648 shares of the business services provider's stock valued at $2,287,000 after purchasing an additional 3,005 shares in the last quarter. Finally, Choreo LLC bought a new stake in Brink's during the fourth quarter valued at approximately $463,000. 94.96% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Brink's Trading Up 0.4%

Shares of BCO traded up $0.37 during mid-day trading on Tuesday, reaching $86.48. The company's stock had a trading volume of 330,733 shares, compared to its average volume of 300,085. The Brink's Company has a 52 week low of $80.21 and a 52 week high of $115.91. The stock has a market cap of $3.63 billion, a PE ratio of 32.76 and a beta of 1.42. The company's fifty day moving average price is $87.90 and its two-hundred day moving average price is $91.46. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 8.76.

Brink's (NYSE:BCO - Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The business services provider reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.43. The business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.21 billion. Brink's had a net margin of 2.37% and a return on equity of 71.46%. The company's revenue was up .9% on a year-over-year basis. During the same period in the prior year, the business posted $1.52 earnings per share. On average, 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 given a $0.255 dividend. The ex-dividend date of this dividend is Monday, May 19th. This represents a $1.02 annualized dividend and a yield of 1.18%. This is an increase from Brink's's previous quarterly dividend of $0.24. Brink's's payout ratio is presently 27.57%.

Brink's Company 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.