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The Brink's Company (NYSE:BCO) Shares Acquired by Barclays PLC

Brink's logo with Business Services background

Barclays PLC boosted its stake in shares of The Brink's Company (NYSE:BCO - Free Report) by 25.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 102,581 shares of the business services provider's stock after buying an additional 20,703 shares during the quarter. Barclays PLC owned 0.24% of Brink's worth $9,516,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Sound Income Strategies LLC grew its position in shares of Brink's by 13.6% in the fourth quarter. Sound Income Strategies LLC now owns 69,930 shares of the business services provider's stock valued at $6,487,000 after purchasing an additional 8,352 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Brink's by 10.9% during 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 stake in Brink's by 3.6% during 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 period. Profit Investment Management LLC raised its stake in Brink's by 13.9% during the fourth quarter. Profit Investment Management LLC now owns 24,648 shares of the business services provider's stock worth $2,287,000 after purchasing an additional 3,005 shares during the period. Finally, Choreo LLC acquired a new stake in shares of Brink's in the fourth quarter worth $463,000. 94.96% of the stock is currently owned by institutional investors and hedge funds.

Brink's Stock Down 0.8 %

Shares of NYSE:BCO traded down $0.74 during trading on Monday, hitting $88.71. The company's stock had a trading volume of 308,736 shares, compared to its average volume of 293,807. The company has a debt-to-equity ratio of 8.76, a quick ratio of 1.57 and a current ratio of 1.57. The Brink's Company has a fifty-two week low of $80.21 and a fifty-two week high of $115.91. The stock's 50-day moving average price is $87.86 and its two-hundred day moving average price is $93.15. The company has a market capitalization of $3.83 billion, a PE ratio of 33.60 and a beta of 1.27.

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. Brink's had a return on equity of 71.46% and a net margin of 2.37%. The firm had revenue of $1.26 billion for the quarter, compared to analysts' expectations of $1.25 billion. As a group, sell-side analysts expect that The Brink's Company will post 6.49 EPS for the current year.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Report on BCO

About Brink's

(Free Report)

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.

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Institutional Ownership by Quarter for Brink's (NYSE:BCO)

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