Filing to Follow: Mario Gabelli’s Gamco Investors, Inc Et Al Just Opened Huge Brinks Co Position

Filing to Follow: Mario Gabelli's Gamco Investors, Inc Et Al Just Opened Huge Brinks Co Position

The New Mario Gabelli’s Gamco Investors, Inc Et Al Holding in Brinks Co

Gamco Investors, Inc Et Al filed with the SEC SC 13D/A form for Brinks Co. The form can be accessed here: 000080724916000473. As reported in Mario Gabelli’s Gamco Investors, Inc Et Al’s form, the filler as of late owns 0.01% or 1,941,427 shares of the Industrials–company.

Brinks Co stake is a new one for the for the hedge fund and it was filed because of activity on November 8, 2016. We feel this shows Mario Gabelli’s Gamco Investors, Inc Et Al’s positive view for the stock.

The hedge fund is active investor in the Finance sector. In the manager’s last 13-F, we saw 25% of Mario Gabelli’s Gamco Investors, Inc Et Al’s US equities portfolio is in this sector.

Brinks Co Institutional Sentiment

Latest Security and Exchange filings show 162 investors own Brinks Co. The institutional ownership in Q3 2015 is high, at 115.64% of the outstanding shares. This is increased by 12878448 the total institutional shares. 57692533 were the shares owned by these institutional investors. In total 21 funds opened new Brinks Co stakes, 58 increased stakes. There were 26 that closed positions and 65 reduced them.

3 managers had the stock in their top Ten. Notable investors are: Zuckerman Investment Group Llc, Sagard Capital Partners Management Corp, Eidelman Virant Capital, Starboard Value Lp, 13D Management Llc..

Clark Estates Inc is an institutional investor bullish on Brinks Co, owning 450000 shares as of Q3 2015 for 2.09% of its portfolio. Eidelman Virant Capital owns 91580 shares or 1.69% of its portfolio. IL Zuckerman Investment Group Llc have 4.93% of their stock portfolio for 777118 shares. Further, Starboard Value Lp reported stake worth 2.76% of its US stock portfolio. The CT Sagard Capital Partners Management Corp owns 1465244 shares. Brinks Co is 13.81% of the manager’s US portfolio.

Business Profile

The Brink’s Company (Brink’s) is a provider of logistics and security solutions. The Company’s solutions include cash-in-transit, automated teller machine (ATM) replenishment and maintenance, international transportation of valuables, cash management and payment services, to financial institutions, retailers, government agencies (including central banks), mints, jewelers and other commercial operations around the world. The Company operates through nine segments: U.S., France, Mexico, Brazil, Canada, Latin America, Europe, Middle East and Africa (EMEA), Asia and Payment Services. Its cash-in-transit services include the transportation of cash between businesses and financial institutions, such as banks and credit unions; cash, securities and other valuables between commercial banks and central banks. The Company’s global network serves customers in over 100 countries and includes ownership interest in over 40 countries and agency relationships with companies in additional countries.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment decreased to 1.42 in Q2 2016. Its down 0.34, from 1.76 in 2016Q1. The ratio worsened, as 17 funds sold all Brink’s Company shares owned while 49 reduced positions. 25 funds bought stakes while 69 increased positions. They now own 44.47 million shares or 4.16% less from 46.41 million shares in 2016Q1.

Bb&T Secs Ltd reported 23,726 shares or 0.01% of all its holdings. Manufacturers Life Co The holds 30,691 shares or 0% of its portfolio. Hutchin Hill Limited Partnership holds 0.02% of its portfolio in Brink’s Company (NYSE:BCO) for 20,557 shares. Employees Retirement Association Of Colorado last reported 0% of its portfolio in the stock. Vanguard last reported 4.37M shares in the company. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 1,012 shares or 0% of the stock. Wellington Mgmt Gru Llp has 32,418 shares for 0% of their US portfolio. Blackrock Institutional Trust Na owns 1.17 million shares or 0.01% of their US portfolio. The Manitoba – Canada-based Great West Life Assurance Can has invested 0% in Brink’s Company (NYSE:BCO). Boston Partners holds 301,707 shares or 0.01% of its portfolio. Starboard Value Lp reported 4.58M shares or 4.62% of all its holdings. Teachers Retirement Of The State Of Kentucky last reported 17,000 shares in the company. Sg Americas Secs Ltd Liability accumulated 9,686 shares or 0% of the stock. Moreover, Foundry Prtn Llc has 0.35% invested in Brink’s Company (NYSE:BCO) for 216,136 shares. Metropolitan Life Insurance Ny accumulated 35,540 shares or 0.01% of the stock.

Insider Transactions: Since June 9, 2016, the stock had 3 insider buys, and 2 insider sales for $2.79 million net activity. $385,905 worth of Brink’s Company (NYSE:BCO) was sold by Zukerman Amit. Shares for $35,250 were sold by Colan Thomas. Pertz Douglas A had bought 83,696 shares worth $2.50 million. DOMANICO RONALD JAMES bought 16,744 shares worth $499,976. On Wednesday, June 15 STOECKERT GEORGE I bought $213,107 worth of the stock or 7,300 shares.

About 243,268 shares traded hands. Brink’s Company (NYSE:BCO) has risen 27.17% since April 8, 2016 and is uptrending. It has outperformed by 21.52% the S&P500.

The Brink’s Company is a provider of logistics and security solutions. The company has a market cap of $2.20 billion. The Company’s solutions include cash-in-transit, automated teller machine (ATM) replenishment and maintenance, international transportation of valuables, cash management and payment services, to financial institutions, retailers, government agencies (including central banks), mints, jewelers and other commercial activities around the world. It has a 117.93 P/E ratio. The Firm operates through nine divisions: U.S., France, Mexico, Brazil, Canada, Latin America, Europe, Middle East and Africa (EMEA), Asia and Payment Services.

Brink’s Company (NYSE:BCO) Ratings Coverage

Out of 2 analysts covering Brink’s Company (NYSE:BCO), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. $42 is the highest target while $31.50 is the lowest. The $40 average target is -6.21% below today’s ($42.65) stock price. Brink’s Company has been the topic of 4 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The stock of Brink’s Company (NYSE:BCO) has “In-Line” rating given on Friday, May 20 by Imperial Capital. The rating was downgraded by Zacks to “Hold” on Tuesday, August 4. On Friday, October 28 the stock rating was downgraded by Imperial Capital to “In-Line”. The rating was maintained by Macquarie Research with “Neutral” on Friday, September 16.

More notable recent Brink’s Company (NYSE:BCO) news were published by: Zacks.com which released: “Why Brink’s Company (BCO) Could Be a Top Value Stock Pick” on November 08, 2016, also Marketwatch.com with their article: “Brink’s Company board names Doug Pertz as new CEO” published on June 10, 2016, Nasdaq.com published: “Brink’s Company (BCO) Ex-Dividend Date Scheduled for November 09, 2016” on November 08, 2016. More interesting news about Brink’s Company (NYSE:BCO) were released by: Seekingalpha.com and their article: “The Brink’s Company’s (BCO) CEO Douglas Pertz on Q2 2016 Results – Earnings …” published on July 28, 2016 as well as Seekingalpha.com‘s news article titled: “The Brink’s Company’s (BCO) CEO Douglas Pertz on Q3 2016 Results – Earnings …” with publication date: October 26, 2016.

According to Zacks Investment Research, “The Brink’s Company is a global leader in business and security services. Their three main businesses are Brink’s, Incorporated, the world’s premier provider of secure transportation and cash management services; Brink’s Home Security, one of the largest and most successful residential alarm companies in North America; and BAX Global, an industry leader in global supply chain management.”

BCO Company Profile

The Brink’s Company (Brink’s), incorporated on October 12, 1984, is a well-known provider of logistics and security solutions. The Company’s solutions include cash-in-transit, automated teller machine (ATM) replenishment and maintenance, international transportation of valuables, cash management and payment services, to financial institutions, retailers, government agencies (including central banks), mints, jewelers and other commercial activities around the world. The Company’s global network serves clients in over 100 countries and includes ownership interest in over 40 countries and agency relationships with companies in additional countries. The Firm operates through nine divisions: U.S., France, Mexico, Brazil, Canada, Latin America, Europe, Middle East and Africa (EMEA), Asia and Payment Services. The Company’s services offerings include Core Services, High-Value Services and Other Security Services.

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