2 days Ago By ABMN Staff
Russell Investments Group Ltd. lowered its stake in Brady Co. ( NYSE:BRC – Free Report ) by 3.
9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,566 shares of the industrial products company’s stock after selling 2,026 shares during the period. Russell Investments Group Ltd.
owned 0.10% of Brady worth $3,660,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also recently modified their holdings of the company.
Vanguard Group Inc. boosted its holdings in shares of Brady by 0.6% during the 4th quarter.
Vanguard Group Inc. now owns 5,215,225 shares of the industrial products company’s stock valued at $385,144,000 after acquiring an additional 31,096 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of Brady by 4.
1% during the fourth quarter. Wellington Management Group LLP now owns 674,593 shares of the industrial products company’s stock valued at $49,819,000 after purchasing an additional 26,769 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Brady by 7.
4% during the third quarter. Geode Capital Management LLC now owns 658,093 shares of the industrial products company’s stock worth $50,445,000 after purchasing an additional 45,206 shares during the last quarter. Lord Abbett & CO.
LLC increased its stake in shares of Brady by 2.9% in the third quarter. Lord Abbett & CO.
LLC now owns 618,841 shares of the industrial products company’s stock valued at $47,422,000 after buying an additional 17,682 shares during the period. Finally, Royce & Associates LP increased its stake in shares of Brady by 9.2% in the fourth quarter.
Royce & Associates LP now owns 606,716 shares of the industrial products company’s stock valued at $44,806,000 after buying an additional 50,924 shares during the period. Institutional investors own 76.28% of the company’s stock.
Brady Stock Down 0.4 % NYSE:BRC opened at $67.05 on Thursday.
Brady Co. has a one year low of $58.00 and a one year high of $77.
68. 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 company has a market cap of $3.
20 billion, a PE ratio of 16.47 and a beta of 0.75.
The firm’s 50 day simple moving average is $70.58 and its 200 day simple moving average is $73.00.
Brady Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 9th will be paid a $0.24 dividend.
The ex-dividend date of this dividend is Wednesday, April 9th. This represents a $0.96 annualized dividend and a dividend yield of 1.
43%. Brady’s payout ratio is 24.00%.
Brady Company Profile ( Free Report ) 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. Featured Articles Receive News & Ratings for Brady Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brady and related companies with MarketBeat.
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