XTX Topco Ltd Takes $394,000 Position in The Brink’s Company (NYSE:BCO)

XTX Topco Ltd purchased a new position in The Brink’s Company (NYSE:BCO) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 4,244 shares of the business services provider’s stock, valued at approximately $394,000.

A number of other institutional investors also recently bought and sold shares of the company. Mather Group LLC. grew its stake in Brink’s by 146.2% in the 4th quarter. Mather Group LLC. now owns 293 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 174 shares during the last quarter. Sierra Ocean LLC acquired a new stake in shares of Brink’s in the fourth quarter valued at approximately $36,000. Golden State Wealth Management LLC purchased a new position in shares of Brink’s during the 4th quarter worth approximately $55,000. First Horizon Advisors Inc. raised its position in shares of Brink’s by 41.0% during the 4th quarter. First Horizon Advisors Inc. now owns 860 shares of the business services provider’s stock worth $80,000 after purchasing an additional 250 shares during the last quarter. Finally, Headlands Technologies LLC purchased a new stake in Brink’s in the 4th quarter valued at approximately $152,000. 94.96% of the stock is currently owned by hedge funds and other institutional investors.

Brink’s Stock Performance

Shares of NYSE BCO opened at $89.70 on Wednesday. The company has a 50-day simple moving average of $88.16 and a 200-day simple moving average of $93.85. The company has a debt-to-equity ratio of 8.76, a current ratio of 1.57 and a quick ratio of 1.57. The company has a market cap of $3.88 billion, a PE ratio of 33.98 and a beta of 1.27. The Brink’s Company has a 12 month low of $80.21 and a 12 month high of $115.91.

Brink’s (NYSE:BCO) last issued its quarterly earnings results on Wednesday, February 26th. The business services provider reported $2.12 earnings per share for the quarter, beating 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 company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.25 billion. On average, equities analysts anticipate that The Brink’s Company will post 6.49 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut 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.