Zuckerman Investment Group Lowers stake in Brink's Company (BCO)

Brink's Company (BCO) : Zuckerman Investment Group reduced its stake in Brink's Company by 0.54% during the most recent quarter end. The investment management company now holds a total of 739,799 shares of Brink's Company which is valued at $21.4 Million after selling 3,987 shares in Brink's Company , the firm said in a disclosure report filed with the SEC on May 13, 2016.Brink's Company makes up approximately 5.84% of Zuckerman Investment Group’s portfolio.

Other Hedge Funds, Including , O’shaughnessy Asset Management added BCO to its portfolio by purchasing 6 company shares during the most recent quarter which is valued at $174. Trexquant Investment Lp sold out all of its stake in BCO during the most recent quarter. The investment firm sold 10,900 shares of BCO which is valued $315,337.Blackrock Investment Management boosted its stake in BCO in the latest quarter, The investment management firm added 5,843 additional shares and now holds a total of 189,890 shares of Brink's Company which is valued at $5.5 Million. Brink's Company makes up approx 0.01% of Blackrock Investment Management’s portfolio.Alambic Investment Management boosted its stake in BCO in the latest quarter, The investment management firm added 4,830 additional shares and now holds a total of 35,960 shares of Brink's Company which is valued at $1.1 Million. Brink's Company makes up approx 0.35% of Alambic Investment Management’s portfolio.

Brink's Company closed down -0.01 points or -0.03% at $28.84 with 2,06,326 shares getting traded on Wednesday. Post opening the session at $28.93, the shares hit an intraday low of $28.69 and an intraday high of $28.975 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, Brink's Company reported $0.30 EPS for the quarter, missing the analyst consensus estimate by $ -0.18 based on the information available during the earnings call on May 3, 2016. Analyst had a consensus of $0.48. The company had revenue of $721.80 million for the quarter, compared to analysts expectations of $689.31 million. The company’s revenue was down -7.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.41 EPS.

Many Wall Street Analysts have commented on Brink's Company. Company shares were Reiterated by Imperial Capital on May 20, 2016 to “In-line”, Firm has raised the Price Target to $ 31.50 from a previous price target of $30 .BB&T Capital Mkts Initiated Brink's Company on Apr 13, 2016 to “Buy”, Price Target of the shares are set at $38.

The Brink’s Company (Brink’s) is a provider of secure logistics and security solutions. The Company’s solutions include cash-in-transit automated teller machine (ATM) replenishment and maintenance international transportation of valuables and cash management services to financial institutions retailers government agencies (including central banks) mints jewelers and other commercial operations across the world. The Company’s network serves customers in more than 100 countries and includes ownership interest in 41 countries and agency relationships with companies in additional countries. The Company operates in nine segments: the United States France Mexico Brazil Canada Latin America Europe Middle East and Africa (EMEA) Asia and payment services. The Company designs customized services to meet the cash and valuables supply chain needs of its customers.

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