Dimensional Fund Advisors LP Acquires 7,258 Shares of Brady Co. (NYSE:BRC)

Dimensional Fund Advisors LP lifted its position in Brady Co. (NYSE:BRC - Free Report) by 0.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,443,594 shares of the industrial products company's stock after purchasing an additional 7,258 shares during the quarter. Dimensional Fund Advisors LP owned 3.02% of Brady worth $106,608,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in BRC. Smartleaf Asset Management LLC grew its stake in Brady by 213.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 461 shares of the industrial products company's stock worth $34,000 after buying an additional 314 shares during the last quarter. Principal Securities Inc. boosted its holdings in shares of Brady by 378.1% in the 4th quarter. Principal Securities Inc. now owns 655 shares of the industrial products company's stock worth $48,000 after acquiring an additional 518 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in Brady by 19.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 893 shares of the industrial products company's stock valued at $66,000 after purchasing an additional 143 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in Brady during the 4th quarter valued at $96,000. Finally, KBC Group NV raised its position in Brady by 84.2% in the 4th quarter. KBC Group NV now owns 1,789 shares of the industrial products company's stock valued at $132,000 after purchasing an additional 818 shares during the last quarter. Institutional investors own 76.28% of the company's stock.

Brady Price Performance

Shares of BRC stock traded up $0.31 during trading hours on Thursday, hitting $70.60. 53,944 shares of the company's stock were exchanged, compared to its average volume of 246,289. The stock's 50-day moving average is $69.63 and its 200-day moving average is $72.58. 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 Co. has a 52 week low of $58.32 and a 52 week high of $77.68. The stock has a market cap of $3.37 billion, a price-to-earnings ratio of 17.38 and a beta of 0.75.

Brady (NYSE:BRC - Get Free Report) last issued 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 the consensus estimate of $359.21 million. During the same period in the prior year, the company earned $0.93 EPS. As a group, research analysts forecast that Brady Co. will post 4.55 EPS for the current year.

Brady Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 9th were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend was Wednesday, April 9th. Brady's dividend payout ratio 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.