AlphaGrep UK Ltd Acquires New Position in Brink's Company (The) $BCO

Key Points

• AlphaGrep UK Ltd acquired 9,363 Brink’s shares during the second quarter, representing an investment of approximately $885,000. Institutional investors collectively own 94.96% of BCO’s outstanding stock.
• Brink’s exceeded quarterly earnings expectations, reporting $2.13 in EPS versus the $2.04 consensus estimate, while revenue rose 7% year over year to $1.39 billion. The company issued third-quarter EPS guidance of $2.23–$2.63.
• Brink’s paid a quarterly dividend of $0.255 per share, equivalent to an annualized $1.02 dividend and a 0.9% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $154.

AlphaGrep UK Ltd acquired a new position in shares of Brink's Company (The) (NYSE:BCO - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 9,363 shares of the business services provider's stock, valued at approximately $885,000.

A number of other institutional investors and hedge funds have also modified their holdings of BCO. Engine Capital Management LP raised its holdings in shares of Brink's by 1,237.6% in the first quarter. Engine Capital Management LP now owns 549,417 shares of the business services provider's stock valued at $56,936,000 after buying an additional 508,343 shares during the last quarter. Turtle Creek Asset Management Inc. increased its stake in Brink's by 82.6% in the first quarter. Turtle Creek Asset Management Inc. now owns 55,500 shares of the business services provider's stock valued at $5,751,000 after purchasing an additional 25,100 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in Brink's by 39.0% during the first quarter. Principal Financial Group Inc. now owns 126,050 shares of the business services provider's stock worth $13,063,000 after acquiring an additional 35,358 shares in the last quarter. Hillsdale Investment Management Inc. acquired a new position in shares of Brink's in the 1st quarter valued at approximately $7,461,000. Finally, K.J. Harrison & Partners Inc bought a new stake in shares of Brink's in the fourth quarter valued at about $1,167,000. Hedge funds and other institutional investors own 94.96% of the company's stock.

Brink's Price Performance

Shares of BCO stock opened at $108.83 on Friday. The company has a debt-to-equity ratio of 8.80, a quick ratio of 1.62 and a current ratio of 1.62. Brink's Company has a fifty-two week low of $91.05 and a fifty-two week high of $136.37. The firm has a market cap of $4.48 billion, a P/E ratio of 25.19 and a beta of 1.03. The business's 50 day moving average price is $111.43 and its 200-day moving average price is $109.22.

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

Brink's Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, July 27th were issued 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 (DPR) is presently 23.61%.

Analyst Ratings Changes

BCO has been the topic of a number of analyst reports. Weiss Ratings upgraded Brink's from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, August 6th. Wall Street Zen cut 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 issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $154.00.

Brink's Company Profile

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.

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