The Brink’s Company (NYSE:BCO) Position Lessened by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its stake in shares of The Brink’s Company (NYSE:BCO) by 5.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Mather Group LLC. grew its position in shares of Brink’s by 146.2% during the fourth quarter. Mather Group LLC. now owns 293 shares of the business services provider’s stock worth $27,000 after acquiring an additional 174 shares during the last quarter. First Horizon Advisors Inc. grew its holdings in Brink’s by 200.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 610 shares of the business services provider’s stock worth $71,000 after buying an additional 407 shares in the last quarter. KBC Group NV increased its position in Brink’s by 61.6% in the 4th quarter. KBC Group NV now owns 1,721 shares of the business services provider’s stock valued at $160,000 after acquiring an additional 656 shares during the period. US Bancorp DE increased its position in Brink’s by 7.1% in the 3rd 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 during the period. Finally, EP Wealth Advisors LLC bought a new stake in Brink’s during the 3rd quarter valued at $201,000. 94.96% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Brink’s

In related news, EVP James K. Parks sold 4,000 shares of Brink’s stock in a transaction dated Friday, November 22nd. The stock was 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 of the company’s stock, valued at approximately $1,071,550.53. This trade represents a 26.48 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.49% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

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

Brink’s Price Performance

NYSE:BCO opened at $93.17 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 business’s 50-day moving average price is $92.73 and its 200 day moving average price is $100.41. 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 P/E ratio of 35.29 and a beta of 1.39.

Brink’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 3rd will be given a $0.2425 dividend. The ex-dividend date is Monday, February 3rd. This represents a $0.97 annualized dividend and a yield of 1.04%. Brink’s’s dividend payout ratio (DPR) is 36.74%.

About Brink’s

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.