Seizert Capital Partners LLC Buys 59,666 Shares of Brady Co. (NYSE:BRC)

Seizert Capital Partners LLC grew its position in Brady Co. (NYSE:BRC - Free Report) by 93.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 123,196 shares of the industrial products company's stock after buying an additional 59,666 shares during the period. Seizert Capital Partners LLC owned approximately 0.26% of Brady worth $9,098,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Smartleaf Asset Management LLC grew its holdings in shares of Brady by 213.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 461 shares of the industrial products company's stock valued at $34,000 after acquiring an additional 314 shares in the last quarter. Principal Securities Inc. raised its stake in shares of Brady by 378.1% during the 4th quarter. Principal Securities Inc. now owns 655 shares of the industrial products company's stock worth $48,000 after purchasing an additional 518 shares in the last quarter. Point72 DIFC Ltd boosted its holdings in shares of Brady by 161.4% in the 3rd quarter. Point72 DIFC Ltd now owns 651 shares of the industrial products company's stock valued at $50,000 after buying an additional 402 shares during the last quarter. Parkside Financial Bank & Trust grew its stake in shares of Brady by 19.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 893 shares of the industrial products company's stock valued at $66,000 after buying an additional 143 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in Brady during the fourth quarter worth $96,000. 76.28% of the stock is currently owned by institutional investors and hedge funds.

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Brady Stock Performance

BRC stock traded up $1.90 during trading hours on Friday, reaching $71.63. The stock had a trading volume of 243,742 shares, compared to its average volume of 265,446. The stock has a 50-day simple moving average of $73.37 and a 200 day simple moving average of $73.90. Brady Co. has a fifty-two week low of $56.71 and a fifty-two week high of $77.68. The stock has a market capitalization of $3.42 billion, a PE ratio of 17.60 and a beta of 0.72. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.84 and a quick ratio of 1.25.

Brady (NYSE:BRC - Get Free Report) last posted its quarterly earnings results on Friday, February 21st. The industrial products company reported $1.00 EPS for the quarter, missing analysts' consensus estimates of $1.03 by ($0.03). Brady had a return on equity of 19.79% and a net margin of 14.19%. The business had revenue of $356.68 million for the quarter, compared to the consensus estimate of $359.21 million. During the same quarter in the previous year, the business posted $0.93 EPS. Analysts predict that Brady Co. will post 4.55 EPS for the current fiscal year.

Brady Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 9th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Wednesday, April 9th. This represents a $0.96 annualized dividend and a yield of 1.34%. Brady's dividend payout ratio is currently 24.00%.

Brady Company Profile

Brady Corporation manufactures and supplies identification solutions (IDS) and workplace safety (WPS) products to identify and protect premises, products, and people in the United States and internationally. The company offers materials, printing systems, RFID, and bar code scanners for product identification, brand protection labeling, work in process labeling, finished product identification, and industrial track and trace applications; safety signs, floor-marking tapes, pipe markers, labeling systems, spill control products, lockout/tagout device, and software and services for safety compliance auditing, procedure writing, and training; and hand-held printers, wire markers, sleeves, and tags for wire identification.