Graham Holdings (NYSE:GHC) Shares Purchased by Algert Global LLC

Algert Global LLC raised its stake in shares of Graham Holdings (NYSE:GHC - Free Report) by 53.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. 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 hedge funds also recently added to or reduced their stakes in GHC. Smartleaf Asset Management LLC boosted its holdings in shares of Graham by 55.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock valued at $27,000 after acquiring an additional 11 shares in the last quarter. KBC Group NV boosted its holdings in Graham by 36.5% in the 4th quarter. KBC Group NV now owns 142 shares of the company's stock valued at $124,000 after purchasing an additional 38 shares in the last quarter. Steward Partners Investment Advisory LLC raised its stake in shares of Graham by 44.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company's stock worth $126,000 after buying an additional 44 shares in the last quarter. Principal Securities Inc. lifted its holdings in shares of Graham by 30.0% in the 4th quarter. Principal Securities Inc. now owns 182 shares of the company's stock valued at $159,000 after buying an additional 42 shares during the period. Finally, GeoWealth Management LLC purchased a new stake in shares of Graham in the fourth quarter valued at approximately $197,000. 93.16% of the stock is owned by institutional investors and hedge funds.

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 Price Performance

Shares of GHC stock traded up $0.84 during midday trading on Tuesday, reaching $988.77. 4,796 shares of the company traded hands, compared to its average volume of 17,698. The firm has a market cap of $4.31 billion, a PE ratio of 19.36 and a beta of 0.91. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34. The firm's 50 day simple moving average is $934.41 and its two-hundred day simple moving average is $921.56. Graham Holdings has a 1-year low of $683.00 and a 1-year high of $1,015.00.

Graham (NYSE:GHC - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $11.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $11.29 by $0.35. The firm had revenue of $1.17 billion during the quarter, compared to analysts' expectations 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 disclosed a quarterly dividend, which will be paid on Thursday, August 7th. Investors of record on Thursday, July 17th will be given a $1.80 dividend. The ex-dividend date is Thursday, July 17th. This represents a $7.20 annualized dividend and a dividend yield of 0.73%. Graham's dividend payout ratio is presently 5.05%.

Graham 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.