Securian Asset Management Inc. Has $306,000 Holdings in The Brink’s Company (NYSE:BCO)

Securian Asset Management Inc. cut its position in shares of The Brink’s Company (NYSE:BCO) by 3.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,299 shares of the business services provider’s stock after selling 133 shares during the quarter. Securian Asset Management Inc.’s holdings in Brink’s were worth $306,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Mather Group LLC. boosted its stake in 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 in the last quarter. Y Intercept Hong Kong Ltd boosted its stake in Brink’s by 3.6% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 5,289 shares of the business services provider’s stock worth $491,000 after acquiring an additional 184 shares in the last quarter. Hancock Whitney Corp boosted its stake in Brink’s by 1.4% during the third quarter. Hancock Whitney Corp now owns 14,279 shares of the business services provider’s stock worth $1,651,000 after acquiring an additional 192 shares in the last quarter. Harbor Capital Advisors Inc. boosted its stake in Brink’s by 1.0% during the fourth quarter. Harbor Capital Advisors Inc. now owns 21,574 shares of the business services provider’s stock worth $2,001,000 after acquiring an additional 207 shares in the last quarter. Finally, Westside Investment Management Inc. boosted its stake in Brink’s by 0.8% during the fourth quarter. Westside Investment Management Inc. now owns 30,653 shares of the business services provider’s stock worth $2,844,000 after acquiring an additional 232 shares in the last quarter. 94.96% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Brink’s from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 8th.

Brink’s Stock Up 0.0 %

Brink’s stock opened at $86.53 on Wednesday. The Brink’s Company has a 1-year low of $83.38 and a 1-year high of $115.91. The firm has a market capitalization of $3.73 billion, a price-to-earnings ratio of 32.78 and a beta of 1.42. The firm’s fifty day moving average price is $91.42 and its two-hundred day moving average price is $98.09. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 8.76.

Brink’s (NYSE:BCO) last released its quarterly earnings data on Wednesday, February 26th. The business services provider reported $2.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.26. Brink’s had a net margin of 2.37% and a return on equity of 71.46%. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.25 billion. On average, equities research analysts predict that The Brink’s Company will post 6.49 earnings per share for the current fiscal year.

Brink’s Dividend Announcement

The firm also recently disclosed 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 1.12%. The ex-dividend date was Monday, February 3rd. Brink’s’s dividend payout ratio (DPR) is 26.87%.

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.