Delphi Management Inc. MA Decreases Position in Graham Holdings Company $GHC

Delphi Management Inc. MA lowered its stake in shares of Graham Holdings Company (NYSE:GHC) by 10.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,393 shares of the company’s stock after selling 166 shares during the quarter. Delphi Management Inc. MA’s holdings in Graham were worth $1,318,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of GHC. Voya Investment Management LLC boosted its stake in Graham by 29.3% during the first quarter. Voya Investment Management LLC now owns 5,261 shares of the company’s stock worth $5,055,000 after buying an additional 1,192 shares during the period. Strs Ohio bought a new stake in shares of Graham in the 1st quarter worth about $1,057,000. Acadian Asset Management LLC boosted its stake in shares of Graham by 12.6% during the 1st quarter. Acadian Asset Management LLC now owns 4,180 shares of the company’s stock worth $4,012,000 after purchasing an additional 467 shares during the period. Intech Investment Management LLC grew its holdings in Graham by 106.1% during the 1st quarter. Intech Investment Management LLC now owns 3,978 shares of the company’s stock valued at $3,822,000 after purchasing an additional 2,048 shares during the last quarter. Finally, Jane Street Group LLC raised its position in Graham by 39.8% in the 1st quarter. Jane Street Group LLC now owns 8,250 shares of the company’s stock worth $7,927,000 after purchasing an additional 2,350 shares during the period. 93.16% of the stock is currently owned by institutional investors.

Graham Trading Down 0.4%

GHC opened at $1,172.58 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.10 and a current ratio of 1.27. The stock’s 50 day moving average price is $1,008.96 and its 200-day moving average price is $966.03. Graham Holdings Company has a one year low of $764.65 and a one year high of $1,182.79. The stock has a market cap of $5.11 billion, a price-to-earnings ratio of 7.53 and a beta of 0.89.

Graham (NYSE:GHC) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $14.33 earnings per share for the quarter, beating analysts’ consensus estimates of $10.15 by $4.18. Graham had a net margin of 14.10% and a return on equity of 6.79%. The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.18 billion.

Graham Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Thursday, October 16th will be issued a $1.80 dividend. The ex-dividend date is Thursday, October 16th. This represents a $7.20 dividend on an annualized basis and a yield of 0.6%. Graham’s payout ratio is currently 4.62%.

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.