Today’s Short Interest: Is Brinks Company (NYSE:BCO) a Buy? The Stock Reported more Sellers

November 25, 2016 - By Dolores Ford   ·   0 Comments

Today's Short Interest: Is Brinks Company (NYSE:BCO) a Buy? The Stock Reported more Sellers

The stock of Brinks Company (NYSE:BCO) registered an increase of 3.35% in short interest. BCO’s total short interest was 766,000 shares in November as published by FINRA. Its up 3.35% from 741,200 shares, reported previously. With 517,200 shares average volume, it will take short sellers 2 days to cover their BCO’s short positions. The short interest to Brinks Company’s float is 1.72%. About 28,693 shares traded hands. Brink’s Company (NYSE:BCO) has risen 28.48% since April 22, 2016 and is uptrending. It has outperformed by 23.08% the S&P500.

The Brink’s Company is a provider of logistics and security solutions. The company has a market cap of $2.28 billion. The Company’s solutions include cash-in-transit, automated teller machine (ATM) replenishment and maintenance, international transportation of valuables, cash management and payment services, to financial institutions, retailers, government agencies (including central banks), mints, jewelers and other commercial activities around the world. It has a 123.6 P/E ratio. The Firm operates through nine divisions: U.S., France, Mexico, Brazil, Canada, Latin America, Europe, Middle East and Africa (EMEA), Asia and Payment Services.

Insitutional Activity: The institutional sentiment decreased to 0.77 in 2016 Q2. Its down 0.65, from 1.42 in 2016Q1. The ratio dived, as 17 funds sold all Brink’s Company shares owned while 49 reduced positions. 25 funds bought stakes while 69 increased positions. They now own 44.47 million shares or 4.16% less from 46.41 million shares in 2016Q1.
Martingale Asset Ltd Partnership has invested 0% of its portfolio in Brink’s Company (NYSE:BCO). Eidelman Virant Capital last reported 158,220 shares in the company. Wells Fargo & Mn holds 33,906 shares or 0% of its portfolio. Gabelli Funds Llc owns 627,000 shares or 0.11% of their US portfolio. Utd Automobile Association holds 0.03% of its portfolio in Brink’s Company (NYSE:BCO) for 332,000 shares. Envestnet Asset Mngmt Incorporated has invested 0% of its portfolio in Brink’s Company (NYSE:BCO). Retail Bank Of Ny Mellon Corporation reported 596,509 shares or 0.01% of all its holdings. Alliancebernstein L P accumulated 75,790 shares or 0% of the stock. Gemmer Asset Mngmt Ltd Limited Liability Company has 113 shares for 0% of their US portfolio. Highbridge Capital Mgmt Llc, a New York-based fund reported 11,040 shares. Assetmark last reported 308 shares in the company. Teachers Advisors last reported 0% of its portfolio in the stock. Moreover, Sei has 0% invested in Brink’s Company (NYSE:BCO) for 4,370 shares. Clearline Capital Ltd Partnership holds 48,724 shares or 0.28% of its portfolio. Blackrock Fund Advsrs owns 3.13 million shares or 0.02% of their US portfolio.

Insider Transactions: Since June 9, 2016, the stock had 3 insider buys, and 2 sales for $2.79 million net activity. Pertz Douglas A bought $2.50 million worth of stock or 83,696 shares. 16,744 Brink’s Company (NYSE:BCO) shares with value of $499,976 were bought by DOMANICO RONALD JAMES. 935 shares were sold by Colan Thomas, worth $35,250. The insider STOECKERT GEORGE I bought 7,300 shares worth $213,107. 10,518 shares were sold by Zukerman Amit, worth $385,905 on Wednesday, August 10.

Brink’s Company (NYSE:BCO) Ratings Coverage

Out of 2 analysts covering Brink’s Company (NYSE:BCO), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Brink’s Company has been the topic of 4 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating by Macquarie Research given on Friday, September 16. The firm has “Hold” rating by Zacks given on Tuesday, August 4. The firm earned “In-Line” rating on Friday, October 28 by Imperial Capital. Imperial Capital maintained Brink’s Company (NYSE:BCO) on Friday, May 20 with “In-Line” rating.

BCO Company Profile

The Brink’s Company (Brink’s), incorporated on October 12, 1984, is a well-known provider of logistics and security solutions. The Company’s solutions include cash-in-transit, automated teller machine (ATM) replenishment and maintenance, international transportation of valuables, cash management and payment services, to financial institutions, retailers, government agencies (including central banks), mints, jewelers and other commercial activities around the world. The Company’s global network serves clients in over 100 countries and includes ownership interest in over 40 countries and agency relationships with companies in additional countries. The Firm operates through nine divisions: U.S., France, Mexico, Brazil, Canada, Latin America, Europe, Middle East and Africa (EMEA), Asia and Payment Services. The Company’s services offerings include Core Services, High-Value Services and Other Security Services.

More notable recent Brink’s Company (NYSE:BCO) news were published by: Marketwatch.com which released: “Brink’s Company board names Doug Pertz as new CEO” on June 10, 2016, also Zacks.com with their article: “Brink’s Company (BCO) Shares March Higher, Can It Continue?” published on November 10, 2016, Seekingalpha.com published: “The Brink’s Company’s (BCO) CEO Douglas Pertz on Q2 2016 Results – Earnings …” on July 28, 2016. More interesting news about Brink’s Company (NYSE:BCO) were released by: Seekingalpha.com and their article: “The Brink’s Company’s (BCO) CEO Tom Schievelbein on Q1 2016 Results – Earnings …” published on May 03, 2016 as well as Globenewswire.com‘s news article titled: “Brink’s Board Appoints Doug Pertz as President and CEO” with publication date: June 10, 2016.

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By Dolores Ford


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