The Brink’s Company (NYSE:BCO) Stake Lowered by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its position in shares of The Brink’s Company (NYSE:BCO) by 5.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 15,455 shares of the business services provider’s stock after selling 849 shares during the quarter. Yousif Capital Management LLC’s holdings in Brink’s were worth $1,434,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of BCO. Mather Group LLC. increased its position in 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 purchasing an additional 174 shares during the last quarter. First Horizon Advisors Inc. grew its stake in shares of Brink’s by 200.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 610 shares of the business services provider’s stock valued at $71,000 after buying an additional 407 shares in the last quarter. KBC Group NV increased its holdings in Brink’s by 61.6% in the fourth quarter. KBC Group NV now owns 1,721 shares of the business services provider’s stock worth $160,000 after buying an additional 656 shares during the last quarter. US Bancorp DE raised its position in Brink’s by 7.1% during the third quarter. US Bancorp DE now owns 1,584 shares of the business services provider’s stock valued at $183,000 after acquiring an additional 105 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new stake in Brink’s in the third quarter valued at approximately $201,000. Institutional investors and hedge funds own 94.96% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Truist Financial dropped their price target on shares of Brink’s from $144.00 to $138.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. Three analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Brink’s presently has an average rating of “Buy” and an average target price of $120.50.

Insider Buying and Selling

In related news, EVP James K. Parks sold 4,000 shares of Brink’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $96.51, for a total value of $386,040.00. Following the transaction, the executive vice president now owns 11,103 shares in the company, valued at $1,071,550.53. This trade represents a 26.48 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.49% of the stock is owned by insiders.

Brink’s Stock Performance

Shares of NYSE BCO opened at $93.17 on Thursday. The business’s 50-day simple moving average is $92.73 and its 200-day simple moving average is $100.41. 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 $79.19 and a 52 week high of $115.91. The firm has a market cap of $4.07 billion, a price-to-earnings ratio of 35.29 and a beta of 1.39.

Brink’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 3rd will be paid a $0.2425 dividend. This represents a $0.97 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend is Monday, February 3rd. Brink’s’s payout ratio is 36.74%.

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.