Southernsun Asset Management LLC Has $55.44 Million Position in The Brink's Company (NYSE:BCO)

Southernsun Asset Management LLC grew its stake in The Brink's Company (NYSE:BCO - Free Report) by 15.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 597,633 shares of the business services provider's stock after buying an additional 79,701 shares during the period. Brink's accounts for about 6.9% of Southernsun Asset Management LLC's holdings, making the stock its biggest holding. Southernsun Asset Management LLC owned 1.37% of Brink's worth $55,442,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. FMR LLC increased its stake in shares of Brink's by 12.0% in the fourth quarter. FMR LLC now owns 4,755,037 shares of the business services provider's stock valued at $441,125,000 after buying an additional 510,389 shares during the period. American Century Companies Inc. boosted its position in shares of Brink's by 0.7% during the 4th quarter. American Century Companies Inc. now owns 1,496,660 shares of the business services provider's stock valued at $138,845,000 after purchasing an additional 9,777 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Brink's by 1.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 541,848 shares of the business services provider's stock valued at $50,267,000 after purchasing an additional 5,109 shares in the last quarter. Wasatch Advisors LP boosted its position in shares of Brink's by 3.5% during the 4th quarter. Wasatch Advisors LP now owns 530,938 shares of the business services provider's stock valued at $49,255,000 after purchasing an additional 18,073 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Brink's during the 4th quarter valued at about $46,603,000. Institutional investors and hedge funds own 94.96% of the company's stock.

Analyst Upgrades and Downgrades

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 Stock Performance

BCO traded down $1.49 during trading on Friday, hitting $89.44. 344,516 shares of the company traded hands, compared to its average volume of 293,747. The firm has a market cap of $3.86 billion, a P/E ratio of 33.88 and a beta of 1.27. The stock's fifty day moving average is $87.97 and its 200 day moving average is $93.31. 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 one year low of $80.21 and a one year high of $115.91.

Brink's (NYSE:BCO - Get Free Report) last posted its quarterly earnings results 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 net margin of 2.37% and a return on equity of 71.46%. The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.25 billion. As a group, equities analysts predict that The Brink's Company will post 6.49 EPS for the current fiscal year.

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.