Brady Co. (NYSE:BRC) Shares Sold by RBF Capital LLC

RBF Capital LLC trimmed its holdings in shares of Brady Co. (NYSE:BRC - Free Report) by 11.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,000 shares of the industrial products company's stock after selling 5,000 shares during the quarter. RBF Capital LLC owned approximately 0.08% of Brady worth $2,954,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Smartleaf Asset Management LLC raised its position in shares of Brady by 213.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 461 shares of the industrial products company's stock worth $34,000 after acquiring an additional 314 shares in the last quarter. Principal Securities Inc. raised its holdings in Brady by 378.1% in the fourth quarter. Principal Securities Inc. now owns 655 shares of the industrial products company's stock worth $48,000 after purchasing an additional 518 shares in the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Brady by 19.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 893 shares of the industrial products company's stock valued at $66,000 after buying an additional 143 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Brady in the 4th quarter worth approximately $96,000. Finally, KBC Group NV raised its stake in shares of 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 acquiring an additional 818 shares in the last quarter. Hedge funds and other institutional investors own 76.28% of the company's stock.

Brady Stock Down 0.0 %

NYSE BRC traded down $0.03 on Monday, hitting $68.97. The stock had a trading volume of 30,094 shares, compared to its average volume of 258,454. Brady Co. has a 52-week low of $58.31 and a 52-week high of $77.68. The business's fifty day moving average price is $69.80 and its 200 day moving average price is $72.65. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.84 and a quick ratio of 1.25. The stock has a market cap of $3.30 billion, a price-to-earnings ratio of 16.95 and a beta of 0.75.

Brady (NYSE:BRC - Get Free Report) last issued its earnings results 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 during the quarter, compared to analysts' expectations of $359.21 million. During the same quarter in the previous year, the company earned $0.93 EPS. Equities research analysts anticipate 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 will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 9th will be paid a $0.24 dividend. The ex-dividend date is Wednesday, April 9th. This represents a $0.96 dividend on an annualized basis and a yield of 1.39%. Brady's dividend payout ratio is currently 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.