Brinks Company (the) (NYSE:BCO) Has Increase in Shorts

May 17, 2018 - By James Guidry

The Brink's Company (NYSE:BCO) Logo

Investors sentiment decreased to 1.09 in Q4 2017. Its down 0.46, from 1.55 in 2017Q3. It fall, as 24 investors sold The Brink's Company shares while 90 reduced holdings. 47 funds opened positions while 77 raised stakes. 45.47 million shares or 0.22% more from 45.37 million shares in 2017Q3 were reported.
First L P holds 0.01% or 43,953 shares. Teachers Retirement Systems Of The State Of Kentucky stated it has 23,289 shares. Moreover, Bb&T Corp has 0.01% invested in The Brink's Company (NYSE:BCO) for 4,287 shares. State Board Of Administration Of Florida Retirement holds 0.01% or 24,647 shares. Moreover, Legal General Grp Inc Pcl has 0% invested in The Brink's Company (NYSE:BCO). Virginia Retirement Sys Et Al owns 7,900 shares or 0.01% of their US portfolio. Thrivent For Lutherans reported 836,321 shares. Tocqueville Asset Mngmt Lp reported 71,127 shares. Peak6 Invests Lp owns 1,639 shares. Oppenheimer Asset Mgmt Inc has invested 0.01% of its portfolio in The Brink's Company (NYSE:BCO). Trexquant Inv Limited Partnership reported 0.07% of its portfolio in The Brink's Company (NYSE:BCO). Retail Bank Of New York Mellon reported 571,218 shares. 5,300 were reported by Teton Advsr. Stevens Capital Mgmt Ltd Partnership holds 0.01% of its portfolio in The Brink's Company (NYSE:BCO) for 4,039 shares. Sg Americas Secs Ltd accumulated 0.01% or 11,007 shares.

Since February 8, 2018, it had 4 insider purchases, and 0 selling transactions for $1.28 million activity. Pertz Douglas A bought $729,100 worth of The Brink's Company (NYSE:BCO) on Thursday, February 8. 2,000 shares were bought by STOECKERT GEORGE I, worth $148,290 on Wednesday, February 14.

The stock of Brinks Company (the) (NYSE:BCO) registered an increase of 1.92% in short interest. BCO’s total short interest was 1.28 million shares in May as published by FINRA. Its up 1.92% from 1.25M shares, reported previously. With 407,600 shares average volume, it will take short sellers 3 days to cover their BCO’s short positions. The short interest to Brinks Company (the)’s float is 2.56%.

The stock decreased 1.30% or $0.925 during the last trading session, reaching $70.275. About 337,321 shares traded. The Brink's Company (NYSE:BCO) has risen 34.48% since May 17, 2017 and is uptrending. It has outperformed by 22.93% the S&P500.

The BrinkÂ’s Company provides secure transportation, cash management services, and other security-related services worldwide. The company has market cap of $3.58 billion. The firm offers cash-in-transit services, including armored vehicle transportation of valuables; automated teller machine services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation services, and first and second line maintenance; and network infrastructure services. It has a 215.57 P/E ratio. It also provides transportation services for valued commodities, including diamonds, jewelry, precious metals, securities, currency, high-tech devices, electronics, and pharmaceuticals; and cash management services, such as money processing, deploying and servicing intelligent safes and safe control devices, integrated check and cash processing services, and check imaging services, as well as cashier balancing, counterfeit detection, account consolidation, and electronic reporting services.

The Brink's Company (NYSE:BCO) Ratings Coverage

Among 4 analysts covering The Brink’s Company (NYSE:BCO), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. The Brink’s Company had 4 analyst reports since December 15, 2017 according to SRatingsIntel. Gabelli upgraded The Brink's Company (NYSE:BCO) on Thursday, February 8 to “Buy” rating. The rating was reinitiated by Sidoti with “Neutral” on Friday, December 15. The rating was initiated by Macquarie Research on Tuesday, March 27 with “Buy”.

More important recent The Brink's Company (NYSE:BCO) news were published by: Globenewswire.com which released: “Brink’s Declares Quarterly Dividend” on May 03, 2018, also Globenewswire.com published article titled: “Brink’s Reports First-Quarter Results”, Streetinsider.com published: “Starboard’s 13F Shows New Stake in Newell Rubbermaid (NWL), Increase in Forest City (FCE-A), Macerich (MAC …” on May 15, 2018. More interesting news about The Brink's Company (NYSE:BCO) was released by: Seekingalpha.com and their article: “Brink’s (BCO) CEO Doug Pertz on Q1 2018 Results – Earnings Call Transcript” with publication date: April 25, 2018.

The Brink's Company (NYSE:BCO) Institutional Positions Chart

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