6,002 Shares in Brady Co. (NYSE:BRC) Acquired by Bailard Inc.

Bailard Inc. bought a new position in shares of Brady Co. (NYSE:BRC) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 6,002 shares of the industrial products company’s stock, valued at approximately $396,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. SYSTM Wealth Solutions LLC bought a new position in shares of Brady during the 1st quarter worth approximately $35,000. Global Retirement Partners LLC lifted its position in shares of Brady by 1,107.4% during the 1st quarter. Global Retirement Partners LLC now owns 652 shares of the industrial products company’s stock worth $39,000 after buying an additional 598 shares during the period. Blue Trust Inc. raised its position in Brady by 65.3% in the 2nd quarter. Blue Trust Inc. now owns 663 shares of the industrial products company’s stock valued at $44,000 after purchasing an additional 262 shares during the last quarter. GAMMA Investing LLC raised its position in Brady by 337.1% in the 2nd quarter. GAMMA Investing LLC now owns 918 shares of the industrial products company’s stock valued at $61,000 after purchasing an additional 708 shares during the last quarter. Finally, EntryPoint Capital LLC bought a new position in Brady in the 1st quarter valued at $66,000. Institutional investors own 76.28% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Brady from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 22nd.

Brady Trading Down 0.1 %

Shares of BRC opened at $73.16 on Tuesday. The stock has a fifty day moving average price of $68.78 and a two-hundred day moving average price of $63.73. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.45 and a current ratio of 2.06. Brady Co. has a 52-week low of $50.03 and a 52-week high of $73.82. The company has a market cap of $3.47 billion, a price-to-earnings ratio of 18.66, a PEG ratio of 2.12 and a beta of 0.77.

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.