Villanova Investment Management Co LLC Purchases 1,572 Shares of The Brink’s Company (NYSE:BCO)

Villanova Investment Management Co LLC lifted its position in The Brink’s Company (NYSE:BCO) by 11.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,647 shares of the business services provider’s stock after purchasing an additional 1,572 shares during the quarter. Villanova Investment Management Co LLC’s holdings in Brink’s were worth $1,452,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Mather Group LLC. increased its holdings in shares of Brink’s by 146.2% in the 4th quarter. Mather Group LLC. now owns 293 shares of the business services provider’s stock worth $27,000 after buying an additional 174 shares during the last quarter. Sierra Ocean LLC bought a new position in shares of Brink’s during the 4th quarter valued at about $36,000. Golden State Wealth Management LLC purchased a new position in shares of Brink’s during the 4th quarter valued at about $55,000. First Horizon Advisors Inc. lifted its position in Brink’s by 41.0% in the 4th quarter. First Horizon Advisors Inc. now owns 860 shares of the business services provider’s stock worth $80,000 after buying an additional 250 shares during the last quarter. Finally, Headlands Technologies LLC purchased a new position in shares of Brink’s during the fourth quarter worth approximately $152,000. 94.96% of the stock is currently owned by hedge funds and other institutional investors.

Brink’s Stock Down 1.2 %

Shares of Brink’s stock opened at $86.15 on Tuesday. The company’s 50 day moving average price is $90.52 and its 200-day moving average price is $96.83. The Brink’s Company has a 52-week low of $82.78 and a 52-week high of $115.91. 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 stock has a market capitalization of $3.72 billion, a price-to-earnings ratio of 32.63 and a beta of 1.42.

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

Brink’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 3rd were given a $0.2425 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $0.97 dividend on an annualized basis and a dividend yield of 1.13%. Brink’s’s dividend payout ratio is currently 26.87%.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Brink’s from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 8th.

Brink’s 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.