49,068 Shares in Brink's Company (The) $BCO Acquired by Squarepoint Ops LLC

Key Points

• Squarepoint Ops LLC acquired 49,068 Brink’s shares worth approximately $4.64 million, giving it a 0.12% stake. Institutional investors collectively own 94.96% of the company.
• Analysts maintain a “Moderate Buy” consensus rating, with an average price target of $154.00 versus Brink’s opening price of $112.10.
• Brink’s beat quarterly earnings expectations, reporting $2.13 in EPS versus the $2.04 consensus, while revenue rose 7% year over year to $1.39 billion. The company also declared a quarterly dividend of $0.255 per share.

Squarepoint Ops LLC acquired a new stake in Brink's Company (The) (NYSE:BCO - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 49,068 shares of the business services provider's stock, valued at approximately $4,636,000. Squarepoint Ops LLC owned about 0.12% of Brink's as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. California State Teachers Retirement System raised its position in shares of Brink's by 9,527.4% during the second quarter. California State Teachers Retirement System now owns 4,477,220 shares of the business services provider's stock worth $423,053,000 after acquiring an additional 4,430,715 shares during the last quarter. LSV Asset Management boosted its holdings in Brink's by 5.5% in the fourth quarter. LSV Asset Management now owns 1,325,075 shares of the business services provider's stock valued at $154,676,000 after acquiring an additional 68,690 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Brink's by 0.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 879,446 shares of the business services provider's stock worth $102,662,000 after purchasing an additional 4,119 shares during the period. First Trust Advisors LP increased its position in Brink's by 5.3% in the first quarter. First Trust Advisors LP now owns 862,692 shares of the business services provider's stock worth $89,401,000 after purchasing an additional 43,311 shares during the period. Finally, Boston Partners raised its holdings in Brink's by 10.9% during the 3rd quarter. Boston Partners now owns 607,908 shares of the business services provider's stock worth $70,922,000 after purchasing an additional 59,542 shares during the last quarter. 94.96% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

BCO has been the topic of a number of research reports. Weiss Ratings upgraded shares of Brink's from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, August 6th. Wall Street Zen cut shares of Brink's from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 1st. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Brink's currently has an average rating of "Moderate Buy" and an average target price of $154.00.

Brink's Stock Up 2.6%

NYSE:BCO opened at $112.10 on Friday. Brink's Company has a 12-month low of $91.05 and a 12-month high of $136.37. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 8.80. The firm has a market capitalization of $4.62 billion, a P/E ratio of 25.95 and a beta of 1.03. The stock's fifty day simple moving average is $112.52 and its 200-day simple moving average is $108.47.

Brink's (NYSE:BCO - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The business services provider reported $2.13 EPS for the quarter, beating analysts' consensus estimates of $2.04 by $0.09. Brink's had a return on equity of 87.18% and a net margin of 3.30%.The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the prior year, the company posted $1.79 earnings per share. The firm's revenue was up 7.0% on a year-over-year basis. Brink's has set its Q3 2026 guidance at 2.230-2.630 EPS. Equities research analysts expect that Brink's Company will post 9.13 earnings per share for the current year.

Brink's Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, July 27th were paid a $0.255 dividend. The ex-dividend date of this dividend was Monday, July 27th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.9%. Brink's's dividend payout ratio is 23.61%.

Brink's Profile

Brink's Company NYSE: BCO is a global provider of secure logistics and security services. The company helps businesses, financial institutions, retailers, governments and other organizations manage, transport and protect cash and other valuable assets.

Its services include cash-in-transit transportation, cash processing and vaulting, automated teller machine replenishment and maintenance, and other cash-management solutions. Brink's also provides secure logistics for high-value goods, including jewelry, precious metals, electronics and other specialized shipments, as well as payment and related technology services in selected markets.

Founded in 1859, Brink's has grown from a domestic armored transportation business into an international security-services company.

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