AQR Capital Management LLC Decreases Stake in Graham Holdings (NYSE:GHC)

AQR Capital Management LLC cut its position in shares of Graham Holdings (NYSE:GHC - Free Report) by 5.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,039 shares of the company's stock after selling 2,277 shares during the quarter. AQR Capital Management LLC owned about 0.90% of Graham worth $33,666,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in GHC. Smartleaf Asset Management LLC lifted its position in shares of Graham by 55.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock worth $27,000 after buying an additional 11 shares in the last quarter. KBC Group NV increased its stake in Graham by 36.5% in the fourth quarter. KBC Group NV now owns 142 shares of the company's stock valued at $124,000 after acquiring an additional 38 shares during the last quarter. Steward Partners Investment Advisory LLC raised its holdings 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 valued at $126,000 after buying an additional 44 shares in the last quarter. Principal Securities Inc. raised its stake in shares of Graham by 30.0% during the fourth quarter. Principal Securities Inc. now owns 182 shares of the company's stock worth $159,000 after acquiring an additional 42 shares in the last quarter. Finally, GeoWealth Management LLC bought a new stake in shares of Graham in the 4th quarter worth approximately $197,000. Institutional investors and hedge funds own 93.16% of the company's stock.

Graham Trading Up 0.9 %

Shares of GHC traded up $8.14 during trading hours on Wednesday, reaching $963.49. 21,507 shares of the company traded hands, compared to its average volume of 17,766. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18. Graham Holdings has a 12 month low of $683.00 and a 12 month high of $1,003.53. The company's fifty day moving average price is $933.34 and its two-hundred day moving average price is $915.16. The company has a market capitalization of $4.18 billion, a price-to-earnings ratio of 18.87 and a beta of 0.91.

Graham (NYSE:GHC - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $11.64 earnings per share for the quarter, topping the consensus estimate of $11.29 by $0.35. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate 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 declared a quarterly dividend, which will be paid on Thursday, August 7th. Investors of record on Thursday, July 17th will be paid a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date is Thursday, July 17th. Graham's payout ratio is 5.05%.

Analysts Set New Price Targets

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

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.