Advantus Capital Management Inc purchased a new stake in Brink’s Company (The) (NYSE:BCO) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 6,383 shares of the business services provider’s stock, valued at approximately $538,000. Advantus Capital Management Inc owned approximately 12,644.61% of Brink’s Company (The) as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Oregon Public Employees Retirement Fund purchased a new position in shares of Brink’s Company (The) in the 3rd quarter valued at about $1,575,000. American Century Companies Inc. increased its holdings in shares of Brink’s Company (The) by 4.5% in the 3rd quarter. American Century Companies Inc. now owns 1,178,614 shares of the business services provider’s stock valued at $99,298,000 after purchasing an additional 51,181 shares in the last quarter. Stevens Capital Management LP increased its holdings in shares of Brink’s Company (The) by 779.7% in the 3rd quarter. Stevens Capital Management LP now owns 37,220 shares of the business services provider’s stock valued at $3,136,000 after purchasing an additional 32,989 shares in the last quarter. Chicago Equity Partners LLC increased its holdings in shares of Brink’s Company (The) by 86.9% in the 3rd quarter. Chicago Equity Partners LLC now owns 94,685 shares of the business services provider’s stock valued at $7,977,000 after purchasing an additional 44,035 shares in the last quarter. Finally, DSAM Partners London Ltd purchased a new position in shares of Brink’s Company (The) in the 3rd quarter valued at about $24,800,000. Institutional investors and hedge funds own 89.86% of the company’s stock.

BCO has been the subject of a number of research analyst reports. Zacks Investment Research upgraded shares of Brink’s Company (The) from a “hold” rating to a “strong-buy” rating and set a $97.00 price target for the company in a report on Tuesday, October 10th. Sidoti initiated coverage on shares of Brink’s Company (The) in a report on Friday, October 20th. They issued a “buy” rating for the company. ValuEngine upgraded shares of Brink’s Company (The) from a “hold” rating to a “buy” rating in a report on Friday, September 1st. SunTrust Banks, Inc. reiterated a “buy” rating and issued a $98.00 price target on shares of Brink’s Company (The) in a report on Wednesday, October 18th. Finally, Imperial Capital upgraded shares of Brink’s Company (The) from an “in-line” rating to an “outperform” rating and increased their price target for the company from $72.00 to $86.00 in a report on Wednesday, August 9th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. Brink’s Company (The) presently has an average rating of “Buy” and an average price target of $93.67.

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Shares of Brink’s Company (NYSE BCO) opened at $78.40 on Monday. The company has a market cap of $3,957.90, a PE ratio of 26.94 and a beta of 1.70. Brink’s Company has a 12 month low of $38.48 and a 12 month high of $87.30. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.20.

Brink’s Company (The) (NYSE:BCO) last issued its quarterly earnings data on Wednesday, October 25th. The business services provider reported $0.83 EPS for the quarter, beating the Zacks’ consensus estimate of $0.75 by $0.08. The firm had revenue of $849.50 million for the quarter, compared to analysts’ expectations of $841.57 million. Brink’s Company (The) had a net margin of 2.51% and a return on equity of 35.15%. The firm’s revenue was up 12.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.64 EPS. equities analysts anticipate that Brink’s Company will post 3.05 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Monday, November 13th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, November 10th. This represents a $0.60 dividend on an annualized basis and a yield of 0.77%. Brink’s Company (The)’s payout ratio is 37.97%.

In other news, CEO Douglas A. Pertz purchased 1,280 shares of the firm’s stock in a transaction on Thursday, October 26th. The shares were bought at an average cost of $78.00 per share, with a total value of $99,840.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Peter A. Feld sold 27,000 shares of the firm’s stock in a transaction dated Monday, September 11th. The stock was sold at an average price of $80.83, for a total transaction of $2,182,410.00. The disclosure for this sale can be found here. Over the last three months, insiders purchased 15,150 shares of company stock worth $1,163,463 and sold 243,690 shares worth $18,655,977. 10.40% of the stock is currently owned by corporate 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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