Inceptionr LLC lessened its holdings in shares of Graham Holdings Company (NYSE:GHC – Free Report) by 25.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 278 shares of the company’s stock after selling 94 shares during the quarter. Inceptionr LLC’s holdings in Graham were worth $263,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. UMB Bank n.a. raised its stake in shares of Graham by 68.8% during the 2nd quarter. UMB Bank n.a. now owns 27 shares of the company’s stock valued at $26,000 after buying an additional 11 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Graham by 55.0% in the second quarter. GAMMA Investing LLC now owns 31 shares of the company’s stock worth $29,000 after buying an additional 11 shares during the last quarter. CWM LLC grew its holdings in Graham by 100.0% during the first quarter. CWM LLC now owns 42 shares of the company’s stock worth $40,000 after acquiring an additional 21 shares during the period. Bessemer Group Inc. grew its holdings in Graham by 500.0% during the second quarter. Bessemer Group Inc. now owns 96 shares of the company’s stock worth $91,000 after acquiring an additional 80 shares during the period. Finally, Costello Asset Management INC purchased a new position in Graham during the first quarter valued at approximately $128,000. 93.16% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on GHC shares. Weiss Ratings restated a “buy (b+)” rating on shares of Graham in a research report on Tuesday. Wall Street Zen upgraded shares of Graham from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Graham presently has a consensus rating of “Buy”.
Graham Stock Up 1.4%
Shares of GHC opened at $1,106.50 on Friday. The firm has a market cap of $4.83 billion, a P/E ratio of 6.62 and a beta of 0.86. Graham Holdings Company has a 12 month low of $840.50 and a 12 month high of $1,200.00. The stock’s 50 day moving average is $1,068.56 and its two-hundred day moving average is $1,019.30. The company has a current ratio of 1.27, a quick ratio of 1.10 and a debt-to-equity ratio of 0.07.
Graham (NYSE:GHC – Get Free Report) last announced its earnings results 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. Graham had a return on equity of 6.34% and a net margin of 14.93%.The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.19 billion.
Graham Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Thursday, October 16th were issued a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, October 16th. Graham’s dividend payout ratio (DPR) is presently 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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