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FMR Group Buys Stake in Pinkerton’s Inc.

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FMR Corp., the Boston-based operator of the Fidelity family of mutual funds, and Fidelity International Ltd. have purchased a combined 10.5% stake in Pinkerton’s Inc., a Van Nuys-based provider of security guards and services.

In a joint filing with the Securities and Exchange Commission, the FMR group said it bought 869,500 Pinkerton’s shares, including 784,500 shares that were bought by six unidentified Fidelity Funds. The shares were bought as an investment, the filing stated.

The six funds purchased the Pinkerton’s stock between May 20 and July 8 at prices ranging from $15.69 to $23.32 a share, for a total investment of $15.1 million.

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Fidelity International, based in Bermuda, is an investment adviser that formerly was an FMR subsidiary. But on June 30, FMR distributed its stock in Fidelity International to its stockholders, so the companies are now separate entities, according to the filing.

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