The Brink’s Company (NYSE:BCO) Shares Purchased by American Century Companies Inc.

American Century Companies Inc. raised its stake in shares of The Brink’s Company (NYSE:BCO) by 0.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,496,660 shares of the business services provider’s stock after buying an additional 9,777 shares during the quarter. American Century Companies Inc. owned about 3.43% of Brink’s worth $138,845,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of BCO. Natixis Advisors LLC grew its holdings in Brink’s by 15.7% during the 3rd quarter. Natixis Advisors LLC now owns 24,919 shares of the business services provider’s stock valued at $2,882,000 after buying an additional 3,376 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in shares of Brink’s by 200.5% during the third quarter. First Horizon Advisors Inc. now owns 610 shares of the business services provider’s stock worth $71,000 after purchasing an additional 407 shares during the last quarter. Intech Investment Management LLC boosted its holdings in shares of Brink’s by 43.6% during the third quarter. Intech Investment Management LLC now owns 13,115 shares of the business services provider’s stock worth $1,517,000 after purchasing an additional 3,982 shares during the last quarter. Raymond James Trust N.A. acquired a new stake in shares of Brink’s during the third quarter worth $412,000. Finally, Citigroup Inc. boosted its holdings in shares of Brink’s by 134.2% during the third quarter. Citigroup Inc. now owns 42,301 shares of the business services provider’s stock worth $4,892,000 after purchasing an additional 24,236 shares during the last quarter. Institutional investors and hedge funds own 94.96% of the company’s stock.

Brink’s Price Performance

BCO stock opened at $83.65 on Monday. The Brink’s Company has a 52-week low of $82.78 and a 52-week high of $115.91. The stock’s fifty day simple moving average is $91.06 and its 200-day simple moving average is $97.62. 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 stock has a market capitalization of $3.61 billion, a price-to-earnings ratio of 31.69 and a beta of 1.42.

Brink’s (NYSE:BCO) last issued its earnings results on Wednesday, February 26th. The business services provider reported $2.12 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.26. The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.25 billion. Brink’s had a return on equity of 71.46% and a net margin of 2.37%. Equities research analysts expect that The Brink’s Company will post 6.49 EPS for the current year.

Brink’s Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 3rd were given a $0.2425 dividend. This represents a $0.97 annualized dividend and a dividend yield of 1.16%. The ex-dividend date was Monday, February 3rd. Brink’s’s dividend payout ratio (DPR) is currently 26.87%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Brink’s from a “strong-buy” rating to a “buy” rating in a report 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.