Mutual of America Capital Management LLC Decreases Stock Holdings in The Brink’s Company (NYSE:BCO)

Mutual of America Capital Management LLC lowered its stake in The Brink’s Company (NYSE:BCO) by 3.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 23,055 shares of the business services provider’s stock after selling 802 shares during the quarter. Mutual of America Capital Management LLC owned 0.05% of Brink’s worth $2,139,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. US Bancorp DE grew its position in shares of Brink’s by 7.1% in the third quarter. US Bancorp DE now owns 1,584 shares of the business services provider’s stock valued at $183,000 after purchasing an additional 105 shares during the period. Mather Group LLC. boosted its holdings 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 buying an additional 174 shares during the last quarter. Y Intercept Hong Kong Ltd increased its stake 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 buying an additional 184 shares in the last quarter. Hancock Whitney Corp raised its holdings in shares of Brink’s by 1.4% during the third quarter. Hancock Whitney Corp now owns 14,279 shares of the business services provider’s stock valued at $1,651,000 after acquiring an additional 192 shares during the last quarter. Finally, Harbor Capital Advisors Inc. lifted its position in shares of Brink’s by 1.0% in the fourth quarter. Harbor Capital Advisors Inc. now owns 21,574 shares of the business services provider’s stock valued at $2,001,000 after acquiring an additional 207 shares in the last quarter. Hedge funds and other institutional investors own 94.96% of the company’s stock.

Brink’s Stock Performance

BCO opened at $89.50 on Friday. The Brink’s Company has a twelve month low of $82.94 and a twelve month high of $115.91. The firm has a market capitalization of $3.86 billion, a PE ratio of 33.90 and a beta of 1.42. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 8.76. The firm’s 50-day moving average price is $92.38 and its 200 day moving average price is $99.38.

Brink’s (NYSE:BCO) last issued its earnings results on Wednesday, February 26th. The business services provider reported $2.12 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.26. Brink’s had a return on equity of 71.46% and a net margin of 2.37%. The business had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.25 billion. As a group, sell-side analysts expect that The Brink’s Company will post 6.49 EPS for the current fiscal year.

Brink’s Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 3rd were paid a $0.2425 dividend. This represents a $0.97 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date was Monday, February 3rd. Brink’s’s dividend payout ratio (DPR) is presently 26.87%.

Analyst Ratings Changes

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

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.