Renaissance Group LLC Acquires New Shares in Brink’s Company (The) $BCO

Renaissance Group LLC acquired a new stake in Brink’s Company (The) (NYSE:BCOFree Report) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 65,773 shares of the business services provider’s stock, valued at approximately $7,678,000. Renaissance Group LLC owned approximately 0.16% of Brink’s at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of BCO. Advisory Services Network LLC bought a new position in Brink’s in the 3rd quarter valued at $33,000. Global Retirement Partners LLC bought a new position in Brink’s in the 4th quarter valued at $39,000. Optiver Holding B.V. boosted its holdings in Brink’s by 42.9% in the 3rd quarter. Optiver Holding B.V. now owns 353 shares of the business services provider’s stock valued at $41,000 after purchasing an additional 106 shares during the period. Wexford Capital LP bought a new position in Brink’s in the 3rd quarter valued at $42,000. Finally, Hantz Financial Services Inc. boosted its holdings in Brink’s by 120.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 401 shares of the business services provider’s stock valued at $47,000 after purchasing an additional 219 shares during the period. 94.96% of the stock is currently owned by hedge funds and other institutional investors.

Brink’s Stock Performance

NYSE BCO opened at $101.43 on Thursday. Brink’s Company has a 52-week low of $83.35 and a 52-week high of $136.37. The company has a debt-to-equity ratio of 9.75, a quick ratio of 1.53 and a current ratio of 1.53. The company has a market capitalization of $4.18 billion, a P/E ratio of 23.70 and a beta of 1.05. The company has a fifty day moving average of $105.89 and a 200-day moving average of $114.51.

Brink’s (NYSE:BCOGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The business services provider reported $1.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.21. Brink’s had a net margin of 3.35% and a return on equity of 87.38%. The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the previous year, the firm posted $1.62 EPS. The firm’s revenue was up 10.3% compared to the same quarter last year. Brink’s has set its Q2 2026 guidance at 1.850-2.250 EPS. As a group, equities research analysts predict that Brink’s Company will post 9.14 EPS for the current fiscal year.

Brink’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 18th were issued a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, May 18th. Brink’s’s payout ratio is currently 23.83%.

Analysts Set New Price Targets

BCO has been the subject of several analyst reports. Weiss Ratings downgraded shares of Brink’s from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday. The Goldman Sachs Group raised their price target on shares of Brink’s from $129.00 to $145.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Finally, Wall Street Zen raised shares of Brink’s from a “buy” rating to a “strong-buy” rating in a report on Sunday, March 15th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Brink’s has a consensus rating of “Moderate Buy” and an average price target of $154.00.

Read Our Latest Stock Analysis on BCO

Brink’s Company Profile

(Free Report)

The Brink’s Company (NYSE: BCO) is a global leader in secure logistics and cash management solutions. The company provides a comprehensive suite of services that span armored transportation, cash-in-transit (CIT), ATM services, smart safe solutions, and valuables storage. Through its network of service centers and armored vehicles, Brink’s ensures the safe and efficient movement of currency, precious metals, and other high-value assets for banks, retailers, mints, and government agencies.

Brink’s armored transport operations are complemented by technology-driven cash management offerings, including deposit automation and secure vaulting.

See Also

Institutional Ownership by Quarter for Brink's (NYSE:BCO)

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