Yousif Capital Management LLC Sells 151 Shares of The Brink’s Company (NYSE:BCO)

Yousif Capital Management LLC lessened its stake in shares of The Brink’s Company (NYSE:BCO) by 0.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 21,503 shares of the business services provider’s stock after selling 151 shares during the period. Yousif Capital Management LLC’s holdings in Brink’s were worth $1,891,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Brink’s by 0.8% during the 3rd quarter. Vanguard Group Inc. now owns 4,728,043 shares of the business services provider’s stock worth $343,445,000 after purchasing an additional 35,957 shares in the last quarter. FMR LLC lifted its position in Brink’s by 3.8% in the 3rd quarter. FMR LLC now owns 4,609,188 shares of the business services provider’s stock valued at $334,811,000 after acquiring an additional 167,505 shares in the last quarter. Ariel Investments LLC lifted its position in Brink’s by 0.8% in the 3rd quarter. Ariel Investments LLC now owns 1,909,223 shares of the business services provider’s stock valued at $138,686,000 after acquiring an additional 15,311 shares in the last quarter. Victory Capital Management Inc. lifted its position in Brink’s by 4,893.0% in the 3rd quarter. Victory Capital Management Inc. now owns 606,845 shares of the business services provider’s stock valued at $44,081,000 after acquiring an additional 594,691 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Brink’s by 2.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 523,838 shares of the business services provider’s stock valued at $38,052,000 after acquiring an additional 11,747 shares in the last quarter. Institutional investors own 94.96% of the company’s stock.

Insider Transactions at Brink’s

In other news, Director Keith R. Wyche sold 400 shares of the firm’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $82.37, for a total transaction of $32,948.00. Following the completion of the sale, the director now owns 665 shares in the company, valued at approximately $54,776.05. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.49% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages recently weighed in on BCO. TheStreet cut shares of Brink’s from a “b” rating to a “c+” rating in a research report on Wednesday, March 13th. Truist Financial raised their price target on shares of Brink’s from $90.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, February 28th. Finally, The Goldman Sachs Group raised their price target on shares of Brink’s from $98.00 to $103.00 and gave the company a “buy” rating in a research report on Friday, March 1st.

Brink’s Price Performance

Brink’s stock opened at $87.10 on Thursday. The Brink’s Company has a 52 week low of $59.46 and a 52 week high of $93.25. The company’s 50 day moving average price is $86.53 and its two-hundred day moving average price is $82.02. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 6.27. The stock has a market cap of $3.90 billion, a P/E ratio of 47.86 and a beta of 1.40.

Brink’s (NYSE:BCO) last posted its earnings results on Thursday, February 29th. The business services provider reported $2.76 EPS for the quarter, topping the consensus estimate of $2.49 by $0.27. Brink’s had a net margin of 1.77% and a return on equity of 55.36%. The firm had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter last year, the firm earned $2.10 EPS. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. On average, equities analysts predict that The Brink’s Company will post 7.51 earnings per share for the current year.

Brink’s Profile

The Brink's Company provides secure transportation, cash management, and other security-related services in North America, Latin America, Europe, and internationally. The company offers armored vehicle transportation of valuables; automated teller machine (ATM) management services, such as cash replenishment, cash forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation, and first line maintenance services; and cash-in-transit services.