Susquehanna Fundamental Investments LLC Takes $397,000 Position in Brady Co. (NYSE:BRC)

Susquehanna Fundamental Investments LLC purchased a new position in Brady Co. (NYSE:BRC - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,378 shares of the industrial products company's stock, valued at approximately $397,000.

Other large investors also recently bought and sold shares of the company. FMR LLC increased its stake in Brady by 40.4% in the fourth quarter. FMR LLC now owns 3,733,810 shares of the industrial products company's stock worth $275,742,000 after purchasing an additional 1,074,885 shares during the period. Neuberger Berman Group LLC raised its stake in shares of Brady by 6,379.9% during the 4th quarter. Neuberger Berman Group LLC now owns 544,375 shares of the industrial products company's stock worth $40,202,000 after acquiring an additional 535,974 shares in the last quarter. Champlain Investment Partners LLC purchased a new stake in Brady during the 4th quarter worth approximately $30,314,000. Invesco Ltd. raised its position in Brady by 9.7% during the 4th quarter. Invesco Ltd. now owns 686,923 shares of the industrial products company's stock worth $50,729,000 after buying an additional 60,737 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Brady by 15.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 450,148 shares of the industrial products company's stock worth $33,243,000 after purchasing an additional 59,752 shares during the period. Institutional investors own 76.28% of the company's stock.

Brady Price Performance

Shares of NYSE BRC traded down $0.19 during midday trading on Tuesday, hitting $71.43. The stock had a trading volume of 104,474 shares, compared to its average volume of 246,223. Brady Co. has a 1 year low of $59.84 and a 1 year high of $77.68. The company has a market capitalization of $3.41 billion, a PE ratio of 17.55 and a beta of 0.86. The stock has a 50 day simple moving average of $69.51 and a 200-day simple moving average of $72.44. 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 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 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 analyst estimates of $359.21 million. During the same period in the previous year, the company earned $0.93 EPS. On average, sell-side analysts expect that Brady Co. will post 4.55 EPS for the current fiscal year.

Brady Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 9th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.34%. The ex-dividend date was Wednesday, April 9th. Brady's 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.