Barclays PLC Has $1.10 Million Stock Holdings in Brady Co. (NYSE:BRC)

Barclays PLC lessened its holdings in shares of Brady Co. (NYSE:BRC - Free Report) by 37.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,952 shares of the industrial products company's stock after selling 8,781 shares during the quarter. Barclays PLC's holdings in Brady were worth $1,104,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in BRC. Nordea Investment Management AB raised its position in shares of Brady by 18.5% during the fourth quarter. Nordea Investment Management AB now owns 94,174 shares of the industrial products company's stock worth $6,945,000 after purchasing an additional 14,702 shares during the period. Robeco Institutional Asset Management B.V. increased its stake in Brady by 18.2% during 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 purchasing an additional 27,293 shares in the last quarter. KBC Group NV raised its holdings in Brady by 84.2% during the 4th quarter. KBC Group NV now owns 1,789 shares of the industrial products company's stock worth $132,000 after buying an additional 818 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in 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 buying an additional 59,752 shares in the last quarter. Finally, Prentiss Smith & Co. Inc. boosted its holdings in shares of Brady by 50.2% in the fourth quarter. Prentiss Smith & Co. Inc. now owns 54,509 shares of the industrial products company's stock valued at $4,025,000 after buying an additional 18,228 shares during the period. Institutional investors and hedge funds own 76.28% of the company's stock.

Brady Stock Down 0.2 %

Shares of NYSE:BRC traded down $0.17 during midday trading on Wednesday, reaching $71.35. 156,161 shares of the company were exchanged, compared to its average volume of 246,257. The firm has a market cap of $3.41 billion, a PE ratio of 17.53 and a beta of 0.86. Brady Co. has a fifty-two week low of $59.84 and a fifty-two week high of $77.68. The stock has a fifty day simple moving average of $69.50 and a two-hundred day simple moving average of $72.43. The company has a quick ratio of 1.25, a current ratio of 1.84 and a debt-to-equity ratio of 0.11.

Brady (NYSE:BRC - Get Free Report) last posted its quarterly earnings data 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). The firm had revenue of $356.68 million for the quarter, compared to analyst estimates of $359.21 million. Brady had a return on equity of 19.79% and a net margin of 14.19%. During the same period in the prior year, the company earned $0.93 earnings per share. As a group, sell-side analysts forecast that Brady Co. will post 4.55 earnings per share for the current year.

Brady Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 9th were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.35%. The ex-dividend date was 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.