Balyasny Asset Management L.P. Buys New Holdings in Graham Holdings (NYSE:GHC)

Balyasny Asset Management L.P. bought a new stake in shares of Graham Holdings (NYSE:GHC - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 991 shares of the company's stock, valued at approximately $864,000.

Other large investors have also recently made changes to their positions in the company. Algert Global LLC lifted 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 acquiring an additional 1,220 shares during the period. Mercer Global Advisors Inc. ADV lifted its stake in shares of Graham by 21.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 487 shares of the company's stock worth $425,000 after purchasing an additional 85 shares during the period. Eagle Strategies LLC bought a new position in shares of Graham in the 4th quarter worth approximately $1,065,000. Northern Trust Corp lifted its stake in shares of Graham by 12.6% in the 4th quarter. Northern Trust Corp now owns 44,473 shares of the company's stock worth $38,777,000 after purchasing an additional 4,988 shares during the period. Finally, Tudor Investment Corp ET AL bought a new position in shares of Graham in the 4th quarter worth approximately $809,000. 93.16% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Graham from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, April 23rd.

Graham Stock Performance

Shares of NYSE:GHC traded down $0.79 during trading on Tuesday, hitting $959.50. The company's stock had a trading volume of 3,891 shares, compared to its average volume of 17,686. Graham Holdings has a 12 month low of $683.00 and a 12 month high of $1,015.00. The firm has a market cap of $4.18 billion, a price-to-earnings ratio of 18.79 and a beta of 0.91. The company has a 50-day moving average of $938.56 and a 200-day moving average of $926.71. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34.

Graham (NYSE:GHC - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $11.64 EPS for the quarter, topping analysts' consensus estimates of $11.29 by $0.35. The company had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.20 billion. Graham had a net margin of 4.86% and a return on equity of 5.79%.

Graham Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 7th. Shareholders of record on Thursday, July 17th will be paid a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a yield of 0.75%. The ex-dividend date of this dividend is Thursday, July 17th. Graham's payout ratio is 5.05%.

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.