Boston Partners increased its stake in shares of Brink’s Company (The) (NYSE:BCO – Free Report) by 80.3% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 548,366 shares of the business services provider’s stock after acquiring an additional 244,242 shares during the period. Boston Partners owned approximately 1.31% of Brink’s worth $48,916,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. American Century Companies Inc. increased its stake in Brink’s by 1.9% during the 1st quarter. American Century Companies Inc. now owns 1,525,099 shares of the business services provider’s stock worth $131,403,000 after buying an additional 28,439 shares during the period. Ariel Investments LLC raised its stake in shares of Brink’s by 8.7% in the 1st quarter. Ariel Investments LLC now owns 1,394,284 shares of the business services provider’s stock valued at $120,132,000 after purchasing an additional 112,180 shares in the last quarter. Channing Capital Management LLC lifted its position in shares of Brink’s by 7.6% during the first quarter. Channing Capital Management LLC now owns 890,700 shares of the business services provider’s stock worth $76,743,000 after purchasing an additional 62,676 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Brink’s by 0.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 546,372 shares of the business services provider’s stock worth $47,075,000 after purchasing an additional 4,524 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in Brink’s by 3.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 533,038 shares of the business services provider’s stock valued at $45,927,000 after buying an additional 15,323 shares during the last quarter. Hedge funds and other institutional investors own 94.96% of the company’s stock.
Insiders Place Their Bets
In other Brink’s news, EVP Daniel J. Castillo sold 21,700 shares of Brink’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $109.70, for a total value of $2,380,490.00. Following the transaction, the executive vice president owned 22,188 shares in the company, valued at approximately $2,434,023.60. The trade was a 49.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.49% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Research Report on BCO
Brink’s Trading Up 1.2%
Shares of Brink’s stock opened at $113.92 on Thursday. The business has a fifty day simple moving average of $114.07 and a 200-day simple moving average of $100.74. Brink’s Company has a fifty-two week low of $80.10 and a fifty-two week high of $118.60. The firm has a market cap of $4.73 billion, a price-to-earnings ratio of 30.79 and a beta of 1.46. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 9.84.
Brink’s (NYSE:BCO – Get Free Report) last released its earnings results on Wednesday, November 5th. The business services provider reported $2.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.09 by ($0.01). Brink’s had a return on equity of 86.86% and a net margin of 3.21%.The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same period in the previous year, the firm earned $1.51 earnings per share. Brink’s’s revenue was up 6.0% on a year-over-year basis. Brink’s has set its Q4 2025 guidance at 2.280-2.680 EPS. On average, equities analysts forecast that Brink’s Company will post 6.49 EPS for the current fiscal year.
Brink’s Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 3rd will be paid a dividend of $0.255 per share. The ex-dividend date of this dividend is Monday, November 3rd. This represents a $1.02 annualized dividend and a yield of 0.9%. Brink’s’s dividend payout ratio is currently 26.09%.
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.
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