Zuckerman Investment Group LLC Sells 38,204 Shares of The Brink’s Company (NYSE:BCO)

Zuckerman Investment Group LLC decreased its stake in shares of The Brink’s Company (NYSE:BCO) by 24.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 119,696 shares of the business services provider’s stock after selling 38,204 shares during the quarter. Zuckerman Investment Group LLC’s holdings in Brink’s were worth $10,985,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Sound Income Strategies LLC boosted its position in shares of Brink’s by 13.6% during the 4th quarter. Sound Income Strategies LLC now owns 69,930 shares of the business services provider’s stock worth $6,487,000 after acquiring an additional 8,352 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Brink’s by 10.9% during the third quarter. JPMorgan Chase & Co. now owns 241,277 shares of the business services provider’s stock valued at $27,901,000 after buying an additional 23,781 shares during the last quarter. Y Intercept Hong Kong Ltd boosted its holdings 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 last quarter. Wellington Management Group LLP boosted its holdings in shares of Brink’s by 203.5% in the 3rd quarter. Wellington Management Group LLP now owns 69,693 shares of the business services provider’s stock worth $8,059,000 after buying an additional 46,729 shares during the last quarter. Finally, Profit Investment Management LLC raised its position in shares of Brink’s by 13.9% in the fourth 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. Institutional investors and hedge funds own 94.96% of the company’s stock.

Analyst Ratings Changes

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.

Brink’s Stock Performance

Shares of BCO opened at $87.98 on Thursday. 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 cap of $3.80 billion, a P/E ratio of 33.33 and a beta of 1.27. The Brink’s Company has a 52 week low of $80.21 and a 52 week high of $115.91. The business’s 50 day moving average price is $89.13 and its 200-day moving average price is $95.45.

Brink’s (NYSE:BCO) last announced its earnings results on Wednesday, February 26th. The business services provider reported $2.12 earnings per share (EPS) 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 analysts’ expectations of $1.25 billion. Brink’s had a return on equity of 71.46% and a net margin of 2.37%. Equities research analysts anticipate that The Brink’s Company will post 6.49 earnings per share for the current fiscal year.

Brink’s Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 3rd were paid a dividend of $0.2425 per share. 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 1.10%. Brink’s’s dividend payout ratio is 26.87%.

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.