Graham Holdings (NYSE:GHC) Stock Position Increased by Algert Global LLC

Algert Global LLC increased its stake in Graham Holdings (NYSE:GHC - Free Report) by 53.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,506 shares of the company's stock after acquiring an additional 1,220 shares during the period. Algert Global LLC owned approximately 0.08% of Graham worth $3,057,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its stake in shares of Graham by 10.1% in the third quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company's stock valued at $17,361,000 after buying an additional 1,941 shares in the last quarter. Franklin Resources Inc. grew its position in Graham by 8.6% in the third quarter. Franklin Resources Inc. now owns 10,311 shares of the company's stock valued at $8,344,000 after acquiring an additional 819 shares in the last quarter. Miracle Mile Advisors LLC acquired a new position in shares of Graham during the fourth quarter worth $437,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Graham in the fourth quarter valued at $635,000. Finally, Wells Fargo & Company MN boosted its stake in shares of Graham by 19.3% in the fourth quarter. Wells Fargo & Company MN now owns 2,372 shares of the company's stock valued at $2,068,000 after purchasing an additional 384 shares during the period. 93.16% of the stock is currently owned by hedge funds and other institutional investors.

Graham Stock Down 0.3 %

Shares of Graham stock traded down $3.09 on Friday, hitting $971.52. 13,350 shares of the company's stock traded hands, compared to its average volume of 17,717. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18. The firm's 50-day moving average is $933.71 and its 200 day moving average is $918.05. The stock has a market cap of $4.22 billion, a P/E ratio of 19.02 and a beta of 0.91. Graham Holdings has a 52-week low of $683.00 and a 52-week high of $1,003.53.

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

Graham Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 7th. Shareholders 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 dividend on an annualized basis and a dividend yield of 0.74%. Graham's dividend payout ratio (DPR) is 5.05%.

Analysts Set New Price Targets

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

About Graham

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.