Brant Point Investment Management LLC Lowers Stock Holdings in Brink’s Company (The) $BCO

Brant Point Investment Management LLC decreased its position in shares of Brink’s Company (The) (NYSE:BCOFree Report) by 21.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,502 shares of the business services provider’s stock after selling 5,000 shares during the period. Brant Point Investment Management LLC’s holdings in Brink’s were worth $2,160,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in BCO. Smartleaf Asset Management LLC raised its position in Brink’s by 150.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 243 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 146 shares in the last quarter. Advisory Services Network LLC purchased a new stake in Brink’s during the third quarter valued at about $33,000. Global Retirement Partners LLC purchased a new stake in Brink’s during the fourth quarter valued at about $39,000. Optiver Holding B.V. raised its position in Brink’s by 42.9% during the third 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 in the last quarter. Finally, Wexford Capital LP purchased a new stake in Brink’s during the third quarter valued at about $42,000. Hedge funds and other institutional investors own 94.96% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Weiss Ratings downgraded Brink’s from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 8th. Wall Street Zen upgraded Brink’s from a “buy” rating to a “strong-buy” rating in a research report on Sunday, March 15th. Finally, The Goldman Sachs Group raised their price target on Brink’s from $129.00 to $145.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $154.00.

Get Our Latest Analysis on BCO

Brink’s Stock Up 0.9%

BCO opened at $102.04 on Friday. The company has a market cap of $4.20 billion, a P/E ratio of 23.84 and a beta of 1.05. The business’s 50-day moving average price is $105.82 and its 200-day moving average price is $114.36. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 9.75. Brink’s Company has a 12 month low of $83.35 and a 12 month high of $136.37.

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

Brink’s Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors 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 yield of 1.0%. The ex-dividend date was Monday, May 18th. Brink’s’s payout ratio is currently 23.83%.

About Brink’s

(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

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

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