5,320 Shares in Brady Co. (NYSE:BRC) Acquired by Ieq Capital LLC

Ieq Capital LLC bought a new stake in Brady Co. (NYSE:BRC - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,320 shares of the industrial products company's stock, valued at approximately $393,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Andina Capital Management LLC grew its stake in shares of Brady by 3.2% during the fourth quarter. Andina Capital Management LLC now owns 5,718 shares of the industrial products company's stock valued at $422,000 after purchasing an additional 179 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Brady by 10.5% during the 4th quarter. GAMMA Investing LLC now owns 1,938 shares of the industrial products company's stock worth $143,000 after buying an additional 184 shares in the last quarter. Creative Planning boosted its position in Brady by 1.9% in the 3rd quarter. Creative Planning now owns 10,472 shares of the industrial products company's stock valued at $802,000 after buying an additional 195 shares during the last quarter. Stifel Financial Corp increased its position in Brady by 0.4% in the third quarter. Stifel Financial Corp now owns 54,396 shares of the industrial products company's stock worth $4,168,000 after purchasing an additional 197 shares during the period. Finally, Glenmede Trust Co. NA grew its position in shares of Brady by 5.6% during the 3rd quarter. Glenmede Trust Co. NA now owns 3,755 shares of the industrial products company's stock worth $288,000 after buying an additional 198 shares during the period. 76.28% of the stock is owned by institutional investors and hedge funds.

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Brady Trading Down 2.9 %

BRC traded down $2.07 during trading on Monday, reaching $70.40. 334,716 shares of the company's stock were exchanged, compared to its average volume of 248,530. The company's fifty day moving average price is $73.81 and its 200-day moving average price is $73.99. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.25 and a current ratio of 1.84. The firm has a market capitalization of $3.36 billion, a PE ratio of 17.30 and a beta of 0.76. Brady Co. has a fifty-two week low of $56.71 and a fifty-two week high of $77.68.

Brady (NYSE:BRC - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $356.68 million for the quarter, compared to analyst estimates of $359.21 million. During the same period last year, the firm earned $0.93 earnings per share. As a group, equities analysts forecast that Brady Co. will post 4.55 EPS for the current year.

Brady Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 9th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 1.36%. Brady's payout ratio is 24.00%.

Brady 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.