Brink's Company (BCO) : 13d Management reduced its stake in Brink's Company by 12.83% during the most recent quarter end. The investment management company now holds a total of 282,552 shares of Brink's Company which is valued at $11,768,291 after selling 41,569 shares in Brink's Company , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Brink's Company makes up approximately 4.89% of 13d Management’s portfolio.
Other Hedge Funds, Including , Schwab Charles Investment Management Inc reduced its stake in BCO by selling 11,902 shares or 2.13% in the most recent quarter. The Hedge Fund company now holds 546,629 shares of BCO which is valued at $22,767,098. Brink's Company makes up approx 0.03% of Schwab Charles Investment Management Inc’s portfolio.Blackrock Group Ltd boosted its stake in BCO in the latest quarter, The investment management firm added 4,868 additional shares and now holds a total of 81,691 shares of Brink's Company which is valued at $3,267,640.Blackrock Fund Advisors boosted its stake in BCO in the latest quarter, The investment management firm added 30,671 additional shares and now holds a total of 3,158,071 shares of Brink's Company which is valued at $126,322,840. Brink's Company makes up approx 0.03% of Blackrock Fund Advisors’s portfolio.First Citizens Bank Trust Co boosted its stake in BCO in the latest quarter, The investment management firm added 3,650 additional shares and now holds a total of 16,132 shares of Brink's Company which is valued at $638,021. Brink's Company makes up approx 0.06% of First Citizens Bank Trust Co’s portfolio.Strs Ohio reduced its stake in BCO by selling 4,500 shares or 13.27% in the most recent quarter. The Hedge Fund company now holds 29,400 shares of BCO which is valued at $1,165,416. Brink's Company makes up approx 0.01% of Strs Ohio’s portfolio.
Brink's Company closed down -0.35 points or -0.82% at $42.5 with 3,06,090 shares getting traded on Monday. Post opening the session at $42.85, the shares hit an intraday low of $42.2 and an intraday high of $43 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Brink's Company reported $0.64 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Oct 26, 2016. Analyst had a consensus of $0.61. The company had revenue of $756.00 million for the quarter, compared to analysts expectations of $747.81 million. The company’s revenue was down -.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.37 EPS.
Many Wall Street Analysts have commented on Brink's Company. Imperial Capital Downgraded Brink's Company on Oct 28, 2016 to ” In-line”, Price Target of the shares are set at $42.
The Brinks Company (Brinks) is a provider of secure logistics and security solutions. The Companys solutions include cash-in-transit automated teller machine (ATM) replenishment and maintenance international transportation of valuables and cash management services to financial institutions retailers government agencies (including central banks) mints jewelers and other commercial operations across the world. The Companys network serves customers in more than 100 countries and includes ownership interest in 41 countries and agency relationships with companies in additional countries. The Company operates in nine segments: the United States France Mexico Brazil Canada Latin America Europe Middle East and Africa (EMEA) Asia and payment services. The Company designs customized services to meet the cash and valuables supply chain needs of its customers.