Brinks Co (BCO) Valuation Rose While Starboard Value LP Has Decreased by $35.92 Million Its Holding

The Brink's Company (NYSE:BCO) LogoInvestors sentiment decreased to 0.95 in 2019 Q2. Its down 0.40, from 1.35 in 2019Q1. It dropped, as 21 investors sold BCO shares while 79 reduced holdings. 33 funds opened positions while 62 raised stakes. 47.19 million shares or 3.58% less from 48.94 million shares in 2019Q1 were reported. Tower Capital Limited Co (Trc) reported 0.02% of its portfolio in The Brink's Company (NYSE:BCO). 569,446 were reported by Advisory Rech. M&T Bank accumulated 2,590 shares. Moreover, Bluestein R H And has 0.02% invested in The Brink's Company (NYSE:BCO). Toth Advisory owns 3,385 shares or 0.06% of their US portfolio. Strs Ohio reported 6,900 shares. Royal National Bank Of Canada holds 0% of its portfolio in The Brink's Company (NYSE:BCO) for 40,673 shares. Parametric Port Assocs Limited Liability Company holds 151,092 shares. California State Teachers Retirement System reported 76,871 shares. Metropolitan Life Insurance has 28,415 shares. Shelton Mgmt accumulated 0.02% or 3,568 shares. Ancora Advsrs Limited Com reported 9,835 shares. Haverford accumulated 2,768 shares. 292,609 were reported by Aqr Cap Mgmt Limited Liability Corp. The New York-based Gabelli Funds Limited Liability Corp has invested 0.04% in The Brink's Company (NYSE:BCO).

Starboard Value Lp decreased its stake in Brinks Co (BCO) by 24.95% based on its latest 2019Q2 regulatory filing with the SEC. Starboard Value Lp sold 427,570 shares as the company’s stock rose 14.39% . The hedge fund held 1.29 million shares of the oil refining and marketing company at the end of 2019Q2, valued at $108.38 million, down from 1.71 million at the end of the previous reported quarter. Starboard Value Lp who had been investing in Brinks Co for a number of months, seems to be less bullish one the $4.21 billion market cap company. The stock increased 2.32% or $1.91 during the last trading session, reaching $84.14. About 325,856 shares traded. The Brink's Company (NYSE:BCO) has risen 13.98% since October 12, 2018 and is uptrending. It has outperformed by 13.98% the S&P500.

Starboard Value Lp, which manages about $2.57B and $3.70 billion US Long portfolio, upped its stake in Ishares Tr (IWN) by 170,000 shares to 661,000 shares, valued at $82.04M in 2019Q2, according to the filing.

Analysts await The Brink's Company (NYSE:BCO) to report earnings on October, 23. They expect $1.13 earnings per share, up 24.18 % or $0.22 from last year’s $0.91 per share. BCO’s profit will be $56.50 million for 18.62 P/E if the $1.13 EPS becomes a reality. After $0.84 actual earnings per share reported by The Brink's Company for the previous quarter, Wall Street now forecasts 34.52 % EPS growth.

More notable recent The Brink's Company (NYSE:BCO) news were published by: Seekingalpha.com which released: “The Brink’s Company: Cash Is Not Dead – Seeking Alpha” on October 30, 2018, also Bizjournals.com with their article: “CenterPoint Energy promotes exec to fill general counsel role – Houston Business Journal” published on April 02, 2019, Finance.Yahoo.com published: “Jim Cramer Advises His Viewers On Brink’s, Medtronic And More – Yahoo Finance” on January 18, 2019. More interesting news about The Brink's Company (NYSE:BCO) were released by: Globenewswire.com and their article: “Brink’s Declares Quarterly Dividend NYSE:BCO – GlobeNewswire” published on July 12, 2019 as well as Globenewswire.com‘s news article titled: “Brink’s First-Quarter Earnings Release and Conference Call Scheduled for April 24 – GlobeNewswire” with publication date: April 04, 2019.

The Brink's Company (NYSE:BCO) Ratings Coverage

Among 2 analysts covering Brinks Company (The) Common Stock (NYSE:BCO), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Brinks Company (The) Common Stock has $10500 highest and $10500 lowest target. $105’s average target is 24.79% above currents $84.14 stock price. Brinks Company (The) Common Stock had 2 analyst reports since July 25, 2019 according to SRatingsIntel. As per Wednesday, September 4, the company rating was maintained by Buckingham Research. Imperial Capital maintained The Brink's Company (NYSE:BCO) on Thursday, July 25 with “Outperform” rating.

The Brink's Company (NYSE:BCO) Institutional Positions Chart

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