Snyder Capital Management L P Sells 17,444 Shares of The Brink's Company (NYSE:BCO)

Snyder Capital Management L P cut its holdings in shares of The Brink's Company (NYSE:BCO - Free Report) by 4.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 378,712 shares of the business services provider's stock after selling 17,444 shares during the quarter. Snyder Capital Management L P owned approximately 0.87% of Brink's worth $35,133,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Price T Rowe Associates Inc. MD increased its holdings in Brink's by 5.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 517,715 shares of the business services provider's stock worth $48,029,000 after acquiring an additional 29,006 shares during the last quarter. Southernsun Asset Management LLC increased its holdings in Brink's by 15.4% in the 4th quarter. Southernsun Asset Management LLC now owns 597,633 shares of the business services provider's stock worth $55,442,000 after acquiring an additional 79,701 shares during the last quarter. Hsbc Holdings PLC increased its holdings in Brink's by 119.0% in the 4th quarter. Hsbc Holdings PLC now owns 13,156 shares of the business services provider's stock worth $1,220,000 after acquiring an additional 7,149 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in Brink's by 367.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 4,225 shares of the business services provider's stock worth $392,000 after acquiring an additional 3,321 shares during the last quarter. Finally, MetLife Investment Management LLC increased its holdings in Brink's by 5.6% in the 4th quarter. MetLife Investment Management LLC now owns 50,244 shares of the business services provider's stock worth $4,661,000 after acquiring an additional 2,668 shares during the last quarter. 94.96% of the stock is owned by hedge funds and other institutional investors.

Brink's Trading Down 0.5 %

BCO traded down $0.48 during trading on Wednesday, hitting $89.25. 89,628 shares of the stock traded hands, compared to its average volume of 292,509. The firm has a market capitalization of $3.86 billion, a P/E ratio of 33.81 and a beta of 1.27. The company has a debt-to-equity ratio of 8.76, a current ratio of 1.57 and a quick ratio of 1.57. The firm has a 50-day moving average of $87.81 and a 200 day moving average of $93.13. The Brink's Company has a 12-month low of $80.21 and a 12-month high of $115.91.

Brink's (NYSE:BCO - Get Free Report) last posted its earnings results on Wednesday, February 26th. The business services provider reported $2.12 EPS for the quarter, topping the consensus estimate of $1.86 by $0.26. Brink's had a net margin of 2.37% and a return on equity of 71.46%. The firm had revenue of $1.26 billion during the quarter, compared to analysts' expectations of $1.25 billion. Equities research analysts anticipate that The Brink's Company will post 6.49 EPS for the current year.

Analyst Upgrades and Downgrades

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

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.