Financial Partners Capital Management LLC Has $1.52 Million Holdings in Brink’s Company (The) (BCO)

Financial Partners Capital Management LLC trimmed its stake in Brink’s Company (The) (NYSE:BCO) by 8.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,618 shares of the business services provider’s stock after selling 2,221 shares during the period. Financial Partners Capital Management LLC’s holdings in Brink’s Company (The) were worth $1,515,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Tower Research Capital LLC TRC grew its position in Brink’s Company (The) by 285.0% in the second quarter. Tower Research Capital LLC TRC now owns 1,540 shares of the business services provider’s stock valued at $103,000 after acquiring an additional 1,140 shares during the period. Daiwa Securities Group Inc. bought a new stake in Brink’s Company (The) in the second quarter valued at $114,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Brink’s Company (The) in the first quarter valued at $153,000. Seven Eight Capital LP bought a new stake in Brink’s Company (The) in the second quarter valued at $154,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in Brink’s Company (The) by 93.6% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,313 shares of the business services provider’s stock valued at $155,000 after acquiring an additional 1,118 shares during the period. Hedge funds and other institutional investors own 89.85% of the company’s stock.

Shares of Brink’s Company (BCO) traded down 0.12% during mid-day trading on Tuesday, reaching $83.85. The company’s stock had a trading volume of 53,680 shares. Brink’s Company has a 52-week low of $36.24 and a 52-week high of $84.80. The firm has a 50 day moving average price of $80.27 and a 200 day moving average price of $68.83. The firm has a market cap of $4.23 billion, a price-to-earnings ratio of 49.91 and a beta of 1.70.

Brink’s Company (The) (NYSE:BCO) last posted its quarterly earnings data on Wednesday, July 26th. The business services provider reported $0.64 EPS for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.18. Brink’s Company (The) had a return on equity of 34.49% and a net margin of 2.73%. The firm had revenue of $806.00 million for the quarter, compared to analyst estimates of $730.87 million. During the same quarter last year, the company earned $0.38 EPS. The company’s revenue was up 9.0% on a year-over-year basis. On average, equities analysts predict that Brink’s Company will post $3.02 EPS for the current fiscal year.

A number of analysts have weighed in on BCO shares. ValuEngine upgraded Brink’s Company (The) from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research cut Brink’s Company (The) from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 18th. Finally, Imperial Capital upgraded Brink’s Company (The) from an “in-line” rating to an “outperform” rating and upped their price target for the company from $72.00 to $86.00 in a research report on Wednesday, August 9th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $86.00.

In other Brink’s Company (The) news, SVP Mcalister C. Marshall II sold 13,500 shares of the firm’s stock in a transaction on Friday, August 4th. The stock was sold at an average price of $76.96, for a total transaction of $1,038,960.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Peter A. Feld sold 27,000 shares of the firm’s stock in a transaction on Monday, September 11th. The stock was sold at an average price of $80.83, for a total value of $2,182,410.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 501,415 shares of company stock worth $38,681,954. Corporate insiders own 10.40% of the company’s stock.

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Brink’s Company (The) Profile

The Brink’s Company (Brink’s) is a provider of logistics and security solutions. The Company operates through nine segments: U.S., France, Mexico, Brazil, Canada, Latin America, EMEA, Asia and Payment Services. The Company’s solutions include cash-in-transit (CIT), automated teller machine (ATM) replenishment and maintenance, cash management services, including vault outsourcing, money processing, and intelligent safe services, international transportation of valuables, and payment services.

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Institutional Ownership by Quarter for Brink`s Company (The) (NYSE:BCO)

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