Liontrust Investment Partners LLP Buys Shares of 11,085 Brady Corporation $BRC

Key Points

• Liontrust Investment Partners LLP has acquired 11,085 shares of Brady Corporation, valued at approximately $783,000, as reported in its recent 13F filing.
• Other institutional investors such as Neuberger Berman Group LLC and the Public Sector Pension Investment Board have also made significant changes to their positions in Brady Corporation in the first quarter.
• Analysts have mixed views on Brady's stock, with Wall Street Zen downgrading it from a "buy" to a "hold" rating, while Sidoti upgraded it to a "strong-buy."

Liontrust Investment Partners LLP purchased a new position in Brady Corporation (NYSE:BRC - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 11,085 shares of the industrial products company's stock, valued at approximately $783,000.

Other institutional investors have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd purchased a new position in shares of Brady during the 1st quarter valued at $74,000. Pacer Advisors Inc. purchased a new position in Brady in the first quarter valued at about $159,000. KBC Group NV increased its position in Brady by 33.7% in the 1st quarter. KBC Group NV now owns 2,391 shares of the industrial products company's stock worth $169,000 after purchasing an additional 602 shares during the last quarter. NBC Securities Inc. raised its stake in shares of Brady by 99,900.0% during the 1st quarter. NBC Securities Inc. now owns 3,000 shares of the industrial products company's stock worth $211,000 after purchasing an additional 2,997 shares in the last quarter. Finally, apricus wealth LLC acquired a new stake in shares of Brady during the 1st quarter valued at about $218,000. 76.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on BRC shares. Wall Street Zen lowered shares of Brady from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Sidoti upgraded shares of Brady to a "strong-buy" rating in a report on Monday, May 19th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Strong Buy".

Brady Stock Performance

Brady stock traded up $0.9850 on Thursday, hitting $73.7250. The company's stock had a trading volume of 26,714 shares, compared to its average volume of 221,864. The firm has a market cap of $3.49 billion, a P/E ratio of 18.25 and a beta of 0.81. The company has a quick ratio of 1.26, a current ratio of 1.87 and a debt-to-equity ratio of 0.09. Brady Corporation has a one year low of $62.70 and a one year high of $77.68. The company has a fifty day moving average price of $69.65 and a 200-day moving average price of $70.39.

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.