Universal Beteiligungs und Servicegesellschaft mbH lifted its position in Graham Holdings Company (NYSE:GHC – Free Report) by 268.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 962 shares of the company’s stock after acquiring an additional 701 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Graham were worth $910,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Geode Capital Management LLC lifted its stake in Graham by 1.6% during the second quarter. Geode Capital Management LLC now owns 83,330 shares of the company’s stock worth $78,854,000 after purchasing an additional 1,348 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Graham by 50.4% during the first quarter. AQR Capital Management LLC now owns 58,729 shares of the company’s stock worth $55,851,000 after purchasing an additional 19,690 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Graham by 1.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 43,265 shares of the company’s stock worth $40,936,000 after buying an additional 626 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Graham by 0.4% in the 1st quarter. Raymond James Financial Inc. now owns 30,838 shares of the company’s stock valued at $29,631,000 after buying an additional 131 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in shares of Graham by 5.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 27,167 shares of the company’s stock valued at $26,104,000 after buying an additional 1,448 shares during the last quarter. 93.16% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on GHC. Wall Street Zen raised shares of Graham from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Weiss Ratings reissued a “buy (b+)” rating on shares of Graham in a report on Tuesday. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Graham presently has an average rating of “Buy”.
Graham Price Performance
Shares of GHC opened at $1,091.12 on Thursday. Graham Holdings Company has a one year low of $840.50 and a one year high of $1,200.00. The stock’s fifty day moving average is $1,070.80 and its 200-day moving average is $1,017.72. 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 firm has a market capitalization of $4.76 billion, a price-to-earnings ratio of 6.52 and a beta of 0.86.
Graham (NYSE:GHC – Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $14.08 earnings per share for the quarter, topping the consensus estimate of $12.36 by $1.72. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.19 billion. Graham had a net margin of 14.93% and a return on equity of 6.34%.
Graham Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Stockholders of record on Thursday, October 16th were issued a $1.80 dividend. The ex-dividend date was Thursday, October 16th. This represents a $7.20 annualized dividend and a dividend yield of 0.7%. Graham’s dividend payout ratio (DPR) is 4.30%.
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.
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