Paralel Advisors LLC purchased a new stake in Brink's Company (The) (NYSE:BCO - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 22,283 shares of the business services provider's stock, valued at approximately $2,106,000. Paralel Advisors LLC owned approximately 0.05% of Brink's at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of the stock. Smartleaf Asset Management LLC raised its stake in Brink's by 150.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 243 shares of the business services provider's stock worth $29,000 after acquiring an additional 146 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of Brink's in the 3rd quarter valued at $33,000. NFSG Corp bought a new stake in shares of Brink's in the 1st quarter worth about $32,000. Global Retirement Partners LLC bought a new stake in shares of Brink's in the 4th quarter worth about $39,000. Finally, Wexford Capital LP acquired a new stake in shares of Brink's during the 3rd quarter worth about $42,000. Institutional investors and hedge funds own 94.96% of the company's stock.
Brink's Trading Down 0.0%
Shares of BCO opened at $108.83 on Monday. The company has a debt-to-equity ratio of 8.80, a quick ratio of 1.62 and a current ratio of 1.62. The company has a market cap of $4.48 billion, a price-to-earnings ratio of 25.19 and a beta of 1.03. The stock has a fifty day moving average price of $111.43 and a two-hundred day moving average price of $109.07. Brink's Company has a 52-week low of $91.05 and a 52-week high of $136.37.
Brink's (NYSE:BCO - Get Free Report) last announced its earnings results on Wednesday, August 5th. The business services provider reported $2.13 EPS for the quarter, topping the consensus estimate of $2.04 by $0.09. Brink's had a return on equity of 87.18% and a net margin of 3.30%.The company had revenue of $1.39 billion for the quarter, compared to analysts' expectations of $1.39 billion. During the same quarter in the prior year, the business earned $1.79 earnings per share. The business's revenue for the quarter was up 7.0% on a year-over-year basis. Brink's has set its Q3 2026 guidance at 2.230-2.630 EPS. Analysts predict that Brink's Company will post 9.13 EPS for the current fiscal year.
Brink's Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, July 27th were given a $0.255 dividend. This represents a $1.02 annualized dividend and a yield of 0.9%. The ex-dividend date was Monday, July 27th. Brink's's dividend payout ratio (DPR) is presently 23.61%.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Brink's from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 1st. Weiss Ratings raised shares of Brink's from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, August 6th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $154.00.
Check Out Our Latest Stock Report on Brink's
Brink's Profile
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding BCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Brink's Company (The) (NYSE:BCO - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Brink's, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brink's wasn't on the list.
While Brink's currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.
Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
