Securian Asset Management Inc. Sells 133 Shares of The Brink’s Company (NYSE:BCO)

Securian Asset Management Inc. lessened its position in shares of The Brink’s Company (NYSE:BCO) by 3.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,299 shares of the business services provider’s stock after selling 133 shares during the period. Securian Asset Management Inc.’s holdings in Brink’s were worth $306,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Sound Income Strategies LLC increased its position in 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 purchasing an additional 8,352 shares in the last quarter. JPMorgan Chase & Co. increased its position in Brink’s by 10.9% during the 3rd 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 in the last quarter. Y Intercept Hong Kong Ltd increased its position in Brink’s by 3.6% during the 4th 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 in the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Brink’s during the 3rd quarter worth approximately $1,497,000. Finally, Wellington Management Group LLP increased its position in Brink’s by 203.5% during the 3rd quarter. Wellington Management Group LLP now owns 69,693 shares of the business services provider’s stock worth $8,059,000 after purchasing an additional 46,729 shares in the last quarter. Institutional investors own 94.96% of the company’s stock.

Brink’s Trading Up 0.0 %

Shares of NYSE BCO opened at $86.53 on Wednesday. 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 52-week low of $83.38 and a 52-week high of $115.91. The firm has a 50 day moving average price of $91.42 and a two-hundred day moving average price of $98.09. The stock has a market cap of $3.73 billion, a P/E ratio of 32.78 and a beta of 1.42.

Brink’s (NYSE:BCO) last announced its quarterly earnings results 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 net margin of 2.37% and a return on equity of 71.46%. The firm had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.25 billion. As a group, equities analysts forecast that The Brink’s Company will post 6.49 EPS for the current year.

Brink’s Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 3rd were given a $0.2425 dividend. This represents a $0.97 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend was Monday, February 3rd. Brink’s’s dividend payout ratio (DPR) is currently 26.87%.

Analysts Set New Price Targets

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