Brady Co. (NYSE:BRC) Shares Purchased by Aristides Capital LLC

Aristides Capital LLC increased its holdings in Brady Co. (NYSE:BRC) by 39.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,353 shares of the industrial products company’s stock after purchasing an additional 1,233 shares during the quarter. Aristides Capital LLC’s holdings in Brady were worth $321,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Nordea Investment Management AB increased its position in shares of Brady by 18.5% in the fourth quarter. Nordea Investment Management AB now owns 94,174 shares of the industrial products company’s stock valued at $6,945,000 after buying an additional 14,702 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in Brady by 18.2% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 177,324 shares of the industrial products company’s stock worth $13,095,000 after acquiring an additional 27,293 shares in the last quarter. KBC Group NV raised its position in Brady by 84.2% during the fourth quarter. KBC Group NV now owns 1,789 shares of the industrial products company’s stock worth $132,000 after acquiring an additional 818 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Brady by 15.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 450,148 shares of the industrial products company’s stock valued at $33,243,000 after purchasing an additional 59,752 shares during the period. Finally, Prentiss Smith & Co. Inc. increased its stake in shares of Brady by 50.2% during the fourth quarter. Prentiss Smith & Co. Inc. now owns 54,509 shares of the industrial products company’s stock worth $4,025,000 after purchasing an additional 18,228 shares in the last quarter. Institutional investors and hedge funds own 76.28% of the company’s stock.

Brady Trading Down 4.2 %

Shares of Brady stock opened at $66.64 on Monday. The company has a current ratio of 1.84, a quick ratio of 1.25 and a debt-to-equity ratio of 0.11. Brady Co. has a twelve month low of $57.89 and a twelve month high of $77.68. The firm has a market capitalization of $3.18 billion, a PE ratio of 16.37 and a beta of 0.75. The firm’s 50-day moving average price is $72.22 and its 200 day moving average price is $73.57.

Brady (NYSE:BRC) last released its earnings results on Friday, February 21st. The industrial products company reported $1.00 earnings per share for the quarter, missing the consensus estimate of $1.03 by ($0.03). Brady had a net margin of 14.19% and a return on equity of 19.79%. The firm had revenue of $356.68 million during the quarter, compared to analysts’ expectations of $359.21 million. During the same quarter last year, the business earned $0.93 EPS. On average, sell-side analysts predict that Brady Co. will post 4.55 EPS for the current fiscal year.

Brady Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 9th will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date of this dividend is Wednesday, April 9th. Brady’s dividend payout ratio (DPR) is 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.