Brevan Howard Capital Management LP Buys New Stake in Graham Holdings (NYSE:GHC)

Brevan Howard Capital Management LP purchased a new position in Graham Holdings (NYSE:GHC) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 464 shares of the company’s stock, valued at approximately $405,000.

Other large investors have also made changes to their positions in the company. Capstone Investment Advisors LLC purchased a new position in Graham during the 4th quarter worth $225,000. Captrust Financial Advisors purchased a new position in shares of Graham in the 4th quarter valued at approximately $2,082,000. Citadel Advisors LLC raised its position in shares of Graham by 151.7% in the 4th quarter. Citadel Advisors LLC now owns 1,100 shares of the company’s stock valued at $959,000 after purchasing an additional 663 shares during the last quarter. Balyasny Asset Management L.P. purchased a new stake in Graham during the 4th quarter worth approximately $864,000. Finally, Algert Global LLC increased its stake in Graham by 53.4% during the 4th quarter. Algert Global LLC now owns 3,506 shares of the company’s stock valued at $3,057,000 after purchasing an additional 1,220 shares in the last quarter. 93.16% of the stock is owned by institutional investors and hedge funds.

Graham Stock Down 0.3 %

Graham stock opened at $971.52 on Friday. Graham Holdings has a fifty-two week low of $683.00 and a fifty-two week high of $1,003.53. The company has a market cap of $4.22 billion, a PE ratio of 19.02 and a beta of 0.91. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57. The business’s 50-day simple moving average is $933.71 and its two-hundred day simple moving average is $919.00.

Graham (NYSE:GHC) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $11.64 earnings per share for the quarter, topping the consensus estimate of $11.29 by $0.35. Graham had a net margin of 4.86% and a return on equity of 5.79%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.20 billion.

Graham Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 7th. Investors of record on Thursday, July 17th will be issued a dividend of $1.80 per share. The ex-dividend date of this dividend is Thursday, July 17th. This represents a $7.20 annualized dividend and a dividend yield of 0.74%. Graham’s dividend payout ratio (DPR) is presently 5.05%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Graham from a “strong-buy” rating to a “buy” rating in a report on Wednesday, April 23rd.

Graham Company Profile

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company in the United States and internationally. It provides test preparation services and materials; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to the Purdue University Global; operations support services for online courses and programs; training and test preparation services for accounting and financial services professionals; English-language training, academic preparation programs, and test preparation for English proficiency exams; and A-level examination preparation services, as well as operates colleges, business school, higher education institution, and an online learning institution.