Transcend Capital Advisors LLC Has $1.17 Million Stock Holdings in Brady Co. (NYSE:BRC)

Transcend Capital Advisors LLC grew its stake in shares of Brady Co. (NYSE:BRC) by 12.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,893 shares of the industrial products company’s stock after purchasing an additional 1,805 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Brady were worth $1,174,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in BRC. Point72 DIFC Ltd increased its holdings in Brady by 161.4% during the third quarter. Point72 DIFC Ltd now owns 651 shares of the industrial products company’s stock worth $50,000 after buying an additional 402 shares during the last quarter. Principal Securities Inc. grew its position 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 valued at $48,000 after acquiring an additional 518 shares during the period. KBC Group NV increased 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 purchasing an additional 818 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Brady by 10.5% in the 4th quarter. GAMMA Investing LLC now owns 1,938 shares of the industrial products company’s stock valued at $143,000 after purchasing an additional 184 shares during the period. Finally, Farther Finance Advisors LLC lifted its stake in Brady by 10,983.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,995 shares of the industrial products company’s stock valued at $153,000 after purchasing an additional 1,977 shares during the last quarter. Institutional investors own 76.28% of the company’s stock.

Brady Price Performance

Shares of NYSE BRC opened at $69.65 on Friday. The company has a quick ratio of 1.25, a current ratio of 1.84 and a debt-to-equity ratio of 0.11. The business’s 50 day moving average price is $74.06 and its two-hundred day moving average price is $73.81. The company has a market cap of $3.33 billion, a PE ratio of 17.11 and a beta of 0.76. Brady Co. has a twelve month low of $56.09 and a twelve month high of $77.68.

Brady (NYSE:BRC) last posted its earnings results on Friday, February 21st. The industrial products company reported $1.00 earnings per share 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%. During the same period last year, the business earned $0.93 EPS. On average, analysts predict that Brady Co. will post 4.55 EPS for the current year.

Brady Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 10th were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend was Friday, January 10th. Brady’s dividend payout ratio is presently 23.59%.

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.