Eos Focused Equity Management L.P. lowered its stake in Brink’s Company (The) (NYSE:BCO) by 35.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 23,499 shares of the business services provider’s stock after selling 12,871 shares during the period. Brink’s Company (The) accounts for approximately 3.0% of Eos Focused Equity Management L.P.’s holdings, making the stock its 19th biggest holding. Eos Focused Equity Management L.P.’s holdings in Brink’s Company (The) were worth $1,980,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BCO. Thrivent Financial For Lutherans increased its position in shares of Brink’s Company (The) by 2,932.2% in the 2nd quarter. Thrivent Financial For Lutherans now owns 773,525 shares of the business services provider’s stock worth $51,827,000 after purchasing an additional 748,015 shares during the last quarter. American Century Companies Inc. grew its position in shares of Brink’s Company (The) by 148.7% during the 2nd quarter. American Century Companies Inc. now owns 1,127,433 shares of the business services provider’s stock valued at $75,538,000 after buying an additional 674,096 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of Brink’s Company (The) by 128.6% during the 2nd quarter. Principal Financial Group Inc. now owns 807,295 shares of the business services provider’s stock valued at $54,089,000 after buying an additional 454,097 shares during the last quarter. Pictet Asset Management Ltd. grew its position in shares of Brink’s Company (The) by 231.0% during the 3rd quarter. Pictet Asset Management Ltd. now owns 609,000 shares of the business services provider’s stock valued at $51,308,000 after buying an additional 425,000 shares during the last quarter. Finally, Vanguard Group Inc. grew its position 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 valued at $355,528,000 after buying an additional 360,947 shares during the last quarter. 90.02% of the stock is owned by institutional investors.

Brink’s Company (BCO) opened at $81.65 on Friday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.21 and a current ratio of 1.21. The stock has a market cap of $4,121.97, a PE ratio of 28.06 and a beta of 1.70. Brink’s Company has a one year low of $38.48 and a one year high of $87.30.

Brink’s Company (The) (NYSE:BCO) last issued its quarterly earnings results on Wednesday, October 25th. The business services provider reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.08. The company had revenue of $849.50 million during the quarter, compared to analyst estimates of $841.57 million. Brink’s Company (The) had a net margin of 2.51% and a return on equity of 35.15%. The business’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.64 EPS. equities research analysts predict that Brink’s Company will post 3.05 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Monday, November 13th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date is Friday, November 10th. Brink’s Company (The)’s dividend payout ratio is currently 37.97%.

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A number of equities research analysts recently weighed in on the stock. Imperial Capital raised shares of Brink’s Company (The) from an “in-line” rating to an “outperform” rating and boosted their price objective for the company from $72.00 to $86.00 in a research report on Wednesday, August 9th. Zacks Investment Research downgraded shares of Brink’s Company (The) from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 18th. ValuEngine lowered shares of Brink’s Company (The) from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. SunTrust Banks, Inc. reissued a “buy” rating and set a $98.00 target price on shares of Brink’s Company (The) in a research note on Wednesday, October 18th. Finally, Sidoti started coverage on shares of Brink’s Company (The) in a research note on Friday, October 20th. They set a “buy” rating for the company. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $93.67.

In related news, CEO Douglas A. Pertz purchased 1,280 shares of Brink’s Company (The) stock in a transaction dated Thursday, October 26th. The stock was bought at an average cost of $78.00 per share, with a total value of $99,840.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Peter A. Feld sold 27,000 shares of the company’s stock in a transaction that occurred on 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 ninety days, insiders bought 15,150 shares of company stock valued at $1,163,463. Company insiders own 10.40% of the company’s stock.

About Brink’s Company (The)

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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