Gamco Investors INC. ET AL Has $1.26 Million Stock Position in The Brink’s Company (NYSE:BCO)

Gamco Investors INC. ET AL lessened its holdings in The Brink’s Company (NYSE:BCO) by 22.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,605 shares of the business services provider’s stock after selling 3,900 shares during the period. Gamco Investors INC. ET AL’s holdings in Brink’s were worth $1,262,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of BCO. Mather Group LLC. lifted its position in shares of Brink’s by 146.2% in the fourth 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 lifted its holdings in Brink’s by 3.6% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 5,289 shares of the business services provider’s stock worth $491,000 after purchasing an additional 184 shares during the last quarter. Investment House LLC lifted its holdings in Brink’s by 7.0% in the 4th quarter. Investment House LLC now owns 2,920 shares of the business services provider’s stock worth $271,000 after purchasing an additional 190 shares during the last quarter. Harbor Capital Advisors Inc. grew its holdings 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 valued at $2,001,000 after purchasing an additional 207 shares during the last quarter. Finally, Xponance Inc. raised its position in shares of Brink’s by 3.7% in the fourth quarter. Xponance Inc. now owns 6,244 shares of the business services provider’s stock valued at $579,000 after purchasing an additional 223 shares during the period. 94.96% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Brink’s Stock Performance

BCO opened at $87.57 on Friday. 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 $3.78 billion, a P/E ratio of 33.17 and a beta of 1.27. The stock’s 50 day moving average price is $88.47 and its two-hundred day moving average price is $94.46. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 8.76.

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

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.