Tower Research Capital LLC TRC Acquires 3,321 Shares of The Brink's Company (NYSE:BCO)

Tower Research Capital LLC TRC lifted its holdings in The Brink's Company (NYSE:BCO - Free Report) by 367.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,225 shares of the business services provider's stock after acquiring an additional 3,321 shares during the quarter. Tower Research Capital LLC TRC's holdings in Brink's were worth $392,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Sound Income Strategies LLC increased its stake in shares of 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 valued at $6,487,000 after buying an additional 8,352 shares during the period. JPMorgan Chase & Co. increased its position in Brink's by 10.9% in the third 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. Y Intercept Hong Kong Ltd raised its holdings in Brink's by 3.6% during the 4th 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 lifted its position in Brink's by 13.9% during the 4th 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 during the period. Finally, Choreo LLC bought a new position in shares of Brink's in the 4th quarter valued at about $463,000. 94.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Brink's Trading Up 0.6 %

NYSE BCO traded up $0.51 during trading on Tuesday, reaching $91.65. 23,875 shares of the stock traded hands, compared to its average volume of 293,753. The stock's 50-day moving average price is $87.53 and its 200 day moving average price is $92.38. 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 firm has a market cap of $3.96 billion, a price-to-earnings ratio of 34.88 and a beta of 1.42. The Brink's Company has a fifty-two week low of $80.21 and a fifty-two week high of $115.91.

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

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.