4,307 Shares in Brady Co. (NYSE:BRC) Bought by LPL Financial LLC

LPL Financial LLC acquired a new stake in Brady Co. (NYSE:BRC - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,307 shares of the industrial products company's stock, valued at approximately $318,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fox Run Management L.L.C. grew its position in Brady by 134.6% during the 4th quarter. Fox Run Management L.L.C. now owns 7,062 shares of the industrial products company's stock worth $522,000 after acquiring an additional 4,052 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in Brady in the 4th quarter valued at approximately $1,669,000. Teacher Retirement System of Texas lifted its holdings in shares of Brady by 9.2% during the fourth quarter. Teacher Retirement System of Texas now owns 148,941 shares of the industrial products company's stock worth $10,999,000 after purchasing an additional 12,531 shares during the period. Boston Partners grew its stake in shares of Brady by 5.1% in the fourth quarter. Boston Partners now owns 386,407 shares of the industrial products company's stock worth $28,564,000 after purchasing an additional 18,766 shares during the last quarter. Finally, Intech Investment Management LLC raised its position in Brady by 358.5% during the 4th quarter. Intech Investment Management LLC now owns 16,134 shares of the industrial products company's stock worth $1,191,000 after purchasing an additional 12,615 shares during the last quarter. Institutional investors own 76.28% of the company's stock.

Brady Trading Up 1.4 %

Shares of BRC stock traded up $1.02 on Friday, hitting $71.63. The company had a trading volume of 5,582 shares, compared to its average volume of 245,949. Brady Co. has a twelve month low of $58.32 and a twelve month high of $77.68. 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 cap of $3.42 billion, a P/E ratio of 17.60 and a beta of 0.75. The stock's 50-day moving average is $69.62 and its two-hundred day moving average is $72.55.

Brady (NYSE:BRC - Get Free Report) last released 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). Brady had a net margin of 14.19% and a return on equity of 19.79%. The company had revenue of $356.68 million during the quarter, compared to the consensus estimate of $359.21 million. During the same quarter in the prior year, the firm earned $0.93 EPS. On average, equities research analysts anticipate that Brady Co. will post 4.55 earnings per share for the current fiscal year.

Brady Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 9th were issued a $0.24 dividend. The ex-dividend date was Wednesday, April 9th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.34%. Brady's dividend payout ratio is presently 24.00%.

About Brady

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.