Southernsun Asset Management LLC Maintains Stake in Brink’s Co. (BCO)

June 14, 2018 - By Linda Rogers

The Brink's Company (NYSE:BCO) LogoInvestors sentiment decreased to 0.95 in Q1 2018. Its down 0.14, from 1.09 in 2017Q4. It worsened, as 42 investors sold BCO shares while 79 reduced holdings. 34 funds opened positions while 81 raised stakes. 44.07 million shares or 3.09% less from 45.47 million shares in 2017Q4 were reported. Voloridge Investment Management Lc has 8,042 shares for 0.01% of their portfolio. Mackenzie Fincl Corporation owns 6,700 shares. Natixis Advsrs Limited Partnership has 148,638 shares for 0.1% of their portfolio. Cap Fund Management Sa, a France-based fund reported 149,932 shares. Fincl Prtnrs Cap Mgmt Limited Co has 0.49% invested in The Brink's Company (NYSE:BCO) for 22,827 shares. Paloma Mgmt holds 0.01% of its portfolio in The Brink's Company (NYSE:BCO) for 13,284 shares. State Teachers Retirement Sys owns 90,000 shares. Eaton Vance Mngmt invested 0.02% in The Brink's Company (NYSE:BCO). Pnc Fincl Serv Grp, Pennsylvania-based fund reported 28,041 shares. Alliancebernstein Ltd Partnership holds 0% or 70,949 shares. Sit Assocs has 0.07% invested in The Brink's Company (NYSE:BCO). Jpmorgan Chase And has invested 0% of its portfolio in The Brink's Company (NYSE:BCO). Massmutual Tru Fsb Adv holds 0% of its portfolio in The Brink's Company (NYSE:BCO) for 6,325 shares. Teacher Retirement Systems Of Texas owns 10,023 shares. Fuller And Thaler Asset Management has 0.89% invested in The Brink's Company (NYSE:BCO) for 1.07M shares.

Since February 8, 2018, it had 4 insider purchases, and 2 selling transactions for $453,286 activity. STOECKERT GEORGE I had bought 2,000 shares worth $148,290 on Wednesday, February 14. Another trade for 1,295 shares valued at $101,917 was made by Pal Rohan on Thursday, May 31. $729,100 worth of The Brink's Company (NYSE:BCO) was bought by Pertz Douglas A on Thursday, February 8. 3,500 shares were bought by DOMANICO RONALD JAMES, worth $252,630 on Thursday, February 8.

Southernsun Asset Management Llc increased its stake in Brink’s Co. (BCO) by 56.65% based on its latest 2018Q1 regulatory filing with the SEC. Southernsun Asset Management Llc bought 941,110 shares as the company’s stock declined 6.92% with the market. The institutional investor held 2.60 million shares of the oil refining and marketing company at the end of 2018Q1, valued at $185.68M, up from 1.66 million at the end of the previous reported quarter. Southernsun Asset Management Llc who had been investing in Brink’s Co. for a number of months, seems to be bullish on the $4.04 billion market cap company. The stock increased 1.08% or $0.85 during the last trading session, reaching $79.3. About 308,032 shares traded. The Brink's Company (NYSE:BCO) has risen 11.42% since June 14, 2017 and is uptrending. It has underperformed by 1.15% the S&P500.

Southernsun Asset Management Llc, which manages about $5.32B and $3.56 billion US Long portfolio, decreased its stake in Darling Ingredients Inc. (NYSE:DAR) by 1.13 million shares to 13.62M shares, valued at $235.66M in 2018Q1, according to the filing. It also reduced its holding in Thor Industries Inc. (NYSE:THO) by 48,623 shares in the quarter, leaving it with 1.12 million shares, and cut its stake in Sanderson Farms Inc. (NASDAQ:SAFM).

More news for The Brink's Company (NYSE:BCO) were recently published by: Seekingalpha.com, which released: “Loomis: Cash-Mover Wants To Expand” on June 11, 2018. Seekingalpha.com‘s article titled: “Brink’s to acquire Dunbar Armored for ~$520M” and published on May 31, 2018 is yet another important article.

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 5 analyst reports since December 15, 2017 according to SRatingsIntel. The company was maintained on Friday, June 1 by Buckingham Research. Sidoti reinitiated the stock with “Neutral” rating in Friday, December 15 report. Macquarie Research initiated the shares of BCO in report on Tuesday, March 27 with “Buy” rating. The company was upgraded on Thursday, February 8 by Gabelli.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: