Stifel Financial Corp trimmed its holdings in shares of Brink’s Company (The) (NYSE:BCO) by 0.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,859 shares of the business services provider’s stock after selling 148 shares during the period. Stifel Financial Corp’s holdings in Brink’s Company (The) were worth $1,465,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Prudential Financial Inc. boosted its stake in shares of Brink’s Company (The) by 22.5% during the 2nd quarter. Prudential Financial Inc. now owns 448,200 shares of the business services provider’s stock worth $30,029,000 after buying an additional 82,220 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of Brink’s Company (The) by 330.5% during the 2nd quarter. First Trust Advisors LP now owns 43,147 shares of the business services provider’s stock worth $2,891,000 after buying an additional 33,125 shares during the last quarter. Alps Advisors Inc. acquired a new position in shares of Brink’s Company (The) during the 2nd quarter worth about $310,000. Geode Capital Management LLC boosted its stake in shares of Brink’s Company (The) by 4.8% during the 1st quarter. Geode Capital Management LLC now owns 347,111 shares of the business services provider’s stock worth $18,553,000 after buying an additional 15,803 shares during the last quarter. Finally, Paloma Partners Management Co acquired a new position in shares of Brink’s Company (The) during the 1st quarter worth about $599,000. Institutional investors own 89.85% of the company’s stock.

BCO has been the subject of a number of recent research reports. SunTrust Banks, Inc. restated a “buy” rating and set a $98.00 price objective on shares of Brink’s Company (The) in a research note on Wednesday. ValuEngine upgraded shares of Brink’s Company (The) from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Zacks Investment Research downgraded shares of Brink’s Company (The) from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 18th. Finally, Imperial Capital upgraded shares of Brink’s Company (The) from an “in-line” rating to an “outperform” rating and raised their target price for the company from $72.00 to $86.00 in a research note on Wednesday, August 9th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. Brink’s Company (The) currently has an average rating of “Buy” and a consensus price target of $93.67.

In other Brink’s Company (The) news, Director Peter A. Feld sold 27,000 shares of the company’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $80.83, for a total value of $2,182,410.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Peter A. Feld sold 1,845 shares of the company’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $76.00, for a total transaction of $140,220.00. The disclosure for this sale can be found here. Insiders sold a total of 501,415 shares of company stock valued at $38,681,954 over the last ninety days. 10.40% of the stock is currently owned by insiders.

Shares of Brink’s Company (NYSE BCO) opened at 85.30 on Thursday. The firm has a market capitalization of $4.31 billion, a P/E ratio of 50.77 and a beta of 1.70. The company has a 50-day moving average of $82.18 and a 200 day moving average of $70.36. Brink’s Company has a 52 week low of $36.24 and a 52 week high of $87.30.

Brink’s Company (The) (NYSE:BCO) last issued its quarterly earnings data on Wednesday, July 26th. The business services provider reported $0.64 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate 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 during the quarter, compared to the consensus estimate of $730.87 million. During the same period in the prior year, the firm posted $0.38 EPS. The firm’s quarterly revenue was up 9.0% compared to the same quarter last year. Equities research analysts anticipate that Brink’s Company will post $3.02 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Monday, November 13th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date of this dividend is Friday, November 10th. Brink’s Company (The)’s payout ratio is 35.71%.

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Brink’s Company (The) Company 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.

Institutional Ownership by Quarter for Brink`s Company (The) (NYSE:BCO)

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