Brinks Company (NYSE:BCO)’s Trend Up, Especially After Decreased Shorts

December 8, 2017 - By Ellis Scott

 Brinks Company (NYSE:BCO)’s Trend Up, Especially After Decreased Shorts

Investors sentiment decreased to 1.04 in Q2 2017. Its down 0.21, from 1.25 in 2017Q1. It is negative, as 28 investors sold The Brink's Company shares while 81 reduced holdings. 50 funds opened positions while 63 raised stakes. 45.23 million shares or 3.99% more from 43.49 million shares in 2017Q1 were reported.
Us Financial Bank De holds 0% of its portfolio in The Brink's Company (NYSE:BCO) for 4,735 shares. Great West Life Assurance Can, a Manitoba – Canada-based fund reported 66,601 shares. 21,859 are held by Stifel Corporation. Vaughan Nelson Lp holds 0.48% or 598,875 shares in its portfolio. Hutchin Hill Cap L P stated it has 0.03% of its portfolio in The Brink's Company (NYSE:BCO). Swiss Savings Bank holds 0.01% or 75,500 shares. 20,145 are owned by Sawgrass Asset Management Ltd Llc. Comerica Retail Bank holds 0.12% or 230,696 shares. Ariel Invs Limited Liability Company has invested 0.34% in The Brink's Company (NYSE:BCO). Financial Bank Of America De reported 284,176 shares. Howe & Rusling Inc holds 6,245 shares or 0.08% of its portfolio. South State accumulated 3,405 shares or 0.03% of the stock. Ny State Common Retirement Fund holds 50,000 shares. Ftb Advisors accumulated 3,007 shares. Asset Mgmt One, Japan-based fund reported 122,367 shares.

The stock of Brinks Company (NYSE:BCO) registered a decrease of 7.91% in short interest. BCO’s total short interest was 946,000 shares in December as published by FINRA. Its down 7.91% from 1.03 million shares, reported previously. With 568,200 shares average volume, it will take short sellers 2 days to cover their BCO’s short positions. The short interest to Brinks Company’s float is 2.04%.

The stock increased 0.25% or $0.2 during the last trading session, reaching $80.5. About 242,262 shares traded. The Brink's Company (NYSE:BCO) has risen 110.61% since December 8, 2016 and is uptrending. It has outperformed by 93.91% 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 $4.06 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 50.82 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 3 analysts covering Brink’s Company (NYSE:BCO), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Brink’s Company has $92.0 highest and $31.50 lowest target. $72’s average target is -10.56% below currents $80.5 stock price. Brink’s Company had 10 analyst reports since August 4, 2015 according to SRatingsIntel. As per Thursday, May 25, the company rating was maintained by Imperial Capital. The company was downgraded on Tuesday, August 4 by Zacks. The rating was maintained by Imperial Capital on Friday, May 20 with “In-Line”. The firm earned “Neutral” rating on Friday, September 16 by Macquarie Research. On Monday, December 12 the stock rating was upgraded by Macquarie Research to “Outperform”. As per Thursday, September 28, the company rating was maintained by SunTrust. SunTrust initiated it with “Buy” rating and $62 target in Tuesday, February 28 report. The stock of The Brink's Company (NYSE:BCO) has “In-Line” rating given on Friday, October 28 by Imperial Capital. The stock has “In-Line” rating by Imperial Capital on Thursday, February 9. Imperial Capital upgraded The Brink's Company (NYSE:BCO) rating on Wednesday, August 9. Imperial Capital has “Buy” rating and $8600 target.

More notable recent The Brink's Company (NYSE:BCO) news were published by: Seekingalpha.com which released: “Brink’s Has Just Begun To Flourish” on October 12, 2017, also Globenewswire.com with their article: “Brink’s Appoints Ray Shemanski as President of US Business” published on October 16, 2017, Globenewswire.com published: “Brink’s to Present at the Imperial Capital Security Investor Conference on …” on November 28, 2017. More interesting news about The Brink's Company (NYSE:BCO) were released by: Globenewswire.com and their article: “Brink’s in Exclusive Negotiations to Acquire Temis in France” published on July 25, 2017 as well as Fool.com‘s news article titled: “2 Catalysts (and 1 Growing Concern) for Brink’s Company” with publication date: November 13, 2017.

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