Bluestein R H & Co. maintained its position in shares of Brink’s Company (The) (NYSE:BCO) during the second quarter, according to the company in its most recent filing with the SEC. The firm owned 5,000 shares of the business services provider’s stock at the close of the second quarter. Bluestein R H & Co.’s holdings in Brink’s Company (The) were worth $335,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the company. Sawgrass Asset Management LLC increased its holdings in shares of Brink’s Company (The) by 31.6% during the 2nd quarter. Sawgrass Asset Management LLC now owns 20,145 shares of the business services provider’s stock worth $1,350,000 after purchasing an additional 4,840 shares during the period. FMR LLC increased its holdings in shares of Brink’s Company (The) by 40.5% during the 2nd quarter. FMR LLC now owns 653,613 shares of the business services provider’s stock worth $43,792,000 after purchasing an additional 188,323 shares during the period. Vanguard Group Inc. increased its holdings in shares of Brink’s Company (The) by 7.3% during the 2nd quarter. Vanguard Group Inc. now owns 5,306,384 shares of the business services provider’s stock worth $355,528,000 after purchasing an additional 360,947 shares during the period. Northern Trust Corp increased its holdings in shares of Brink’s Company (The) by 4.5% during the 2nd quarter. Northern Trust Corp now owns 626,972 shares of the business services provider’s stock worth $42,008,000 after purchasing an additional 26,785 shares during the period. Finally, Citigroup Inc. increased its stake in Brink’s Company (The) by 103.4% in the second quarter. Citigroup Inc. now owns 100,198 shares of the business services provider’s stock valued at $6,713,000 after acquiring an additional 50,940 shares during the period. Institutional investors own 89.74% of the company’s stock.

A number of research firms recently weighed in on BCO. Imperial Capital raised shares of Brink’s Company (The) from an “in-line” rating to an “outperform” rating and upped their target price for the company from $72.00 to $86.00 in a research note on Wednesday, August 9th. Zacks Investment Research cut shares of Brink’s Company (The) from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 18th. Finally, ValuEngine raised shares of Brink’s Company (The) from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $77.00.

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Brink’s Company (The) (NYSE:BCO) last released its quarterly earnings results on Wednesday, July 26th. The business services provider reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.18. Brink’s Company (The) had a net margin of 2.73% and a return on equity of 34.49%. The business had revenue of $806.00 million for the quarter, compared to analyst estimates of $730.87 million. During the same period last year, the firm earned $0.38 earnings per share. Brink’s Company (The)’s revenue for the quarter was up 9.0% compared to the same quarter last year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Thursday, July 27th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date was Tuesday, July 25th. Brink’s Company (The)’s dividend payout ratio is 35.71%.

In related news, Director Peter A. Feld sold 27,000 shares of the firm’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $80.83, for a total transaction of $2,182,410.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Peter A. Feld sold 86,151 shares of the firm’s stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $78.18, for a total transaction of $6,735,285.18. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 501,415 shares of company stock worth $38,681,954. 10.40% of the stock is owned by insiders.

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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