Zuckerman Investment Group buys $27,848,441 stake in Brink's Company (BCO)

Brink's Company (BCO) : Zuckerman Investment Group scooped up 6,208 additional shares in Brink's Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 746,007 shares of Brink's Company which is valued at $27,848,441.Brink's Company makes up approximately 7.04% of Zuckerman Investment Group’s portfolio.

Other Hedge Funds, Including , Oppenheimerfunds boosted its stake in BCO in the latest quarter, The investment management firm added 4,036 additional shares and now holds a total of 48,259 shares of Brink's Company which is valued at $1,801,508.Baldwin Brothers Incma reduced its stake in BCO by selling 8,337 shares or 89.82% in the most recent quarter. The Hedge Fund company now holds 945 shares of BCO which is valued at $35,277. Brink's Company makes up approx 0.01% of Baldwin Brothers Incma’s portfolio.Fmr boosted its stake in BCO in the latest quarter, The investment management firm added 646,094 additional shares and now holds a total of 813,180 shares of Brink's Company which is valued at $30,356,009. Eos Focused Equity Management added BCO to its portfolio by purchasing 26,866 company shares during the most recent quarter which is valued at $1,007,475. Brink's Company makes up approx 1.02% of Eos Focused Equity Management’s portfolio.

Brink's Company opened for trading at $37.02 and hit $37.37 on the upside on Monday, eventually ending the session at $37.26, with a gain of 0.59% or 0.22 points. The heightened volatility saw the trading volume jump to 2,08,164 shares. Company has a market cap of $1,846 M.

On the company’s financial health, Brink's Company reported $0.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.12 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.26. The company had revenue of $739.50 million for the quarter, compared to analysts expectations of $711.67 million. The company’s revenue was down -2.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.27 EPS.

Many Wall Street Analysts have commented on Brink's Company. Company shares were Upgraded by Imperial Capital on Aug 3, 2016 to ” Outperform”, Firm has raised the Price Target to $ 38 from a previous price target of $31.50 .Company shares were Reiterated by Imperial Capital on May 20, 2016 to “In-line”, Firm has raised the Price Target to $ 31.50 from a previous price target of $30 .

The Brink’s Company (Brink’s) is a provider of secure logistics and security solutions. The Company’s 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 Company’s 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.

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