The Brink’s Company (NYSE:BCO) Stock Position Lessened by Voya Investment Management LLC

Voya Investment Management LLC reduced its stake in shares of The Brink’s Company (NYSE:BCO) by 8.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,229 shares of the business services provider’s stock after selling 1,294 shares during the quarter. Voya Investment Management LLC’s holdings in Brink’s were worth $1,227,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of BCO. Mather Group LLC. lifted its stake in shares of 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 acquiring an additional 174 shares during the period. Sierra Ocean LLC acquired a new stake in Brink’s in the fourth quarter worth approximately $36,000. Golden State Wealth Management LLC bought a new position in Brink’s during the 4th quarter valued at $55,000. First Horizon Advisors Inc. boosted its stake in Brink’s by 41.0% during the 4th quarter. First Horizon Advisors Inc. now owns 860 shares of the business services provider’s stock valued at $80,000 after purchasing an additional 250 shares in the last quarter. Finally, Headlands Technologies LLC bought a new stake in shares of Brink’s in the 4th quarter worth $152,000. Institutional investors and hedge funds own 94.96% of the company’s stock.

Brink’s Stock Down 0.3 %

Shares of Brink’s stock opened at $91.12 on Tuesday. 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 Brink’s Company has a 12-month low of $80.21 and a 12-month high of $115.91. The firm has a market capitalization of $3.94 billion, a PE ratio of 34.52 and a beta of 1.42. The stock’s fifty day moving average is $87.53 and its 200-day moving average is $92.38.

Brink’s (NYSE:BCO) last posted its quarterly earnings data on Wednesday, February 26th. The business services provider reported $2.12 EPS 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 company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.25 billion. Equities analysts anticipate that The Brink’s Company will post 6.49 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

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.