Brevan Howard Capital Management LP Takes $405,000 Position in Graham Holdings (NYSE:GHC)

Brevan Howard Capital Management LP acquired a new position in shares of Graham Holdings (NYSE:GHC - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 464 shares of the company's stock, valued at approximately $405,000.

Several other large investors have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC increased its position in shares of Graham by 55.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock worth $27,000 after purchasing an additional 11 shares during the period. KBC Group NV increased its position in shares of Graham by 36.5% in the fourth quarter. KBC Group NV now owns 142 shares of the company's stock worth $124,000 after purchasing an additional 38 shares during the period. Steward Partners Investment Advisory LLC increased its position in shares of Graham by 44.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company's stock worth $126,000 after purchasing an additional 44 shares during the period. Principal Securities Inc. increased its position in shares of Graham by 30.0% in the fourth quarter. Principal Securities Inc. now owns 182 shares of the company's stock worth $159,000 after purchasing an additional 42 shares during the period. Finally, GeoWealth Management LLC bought a new position in shares of Graham in the fourth quarter worth $197,000. Institutional investors own 93.16% of the company's stock.

Wall Street Analyst Weigh In

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

Graham Price Performance

NYSE:GHC traded down $17.08 during trading hours on Wednesday, hitting $968.39. The company's stock had a trading volume of 17,951 shares, compared to its average volume of 17,723. The stock has a fifty day simple moving average of $935.80 and a 200-day simple moving average of $922.32. The company has a market capitalization of $4.22 billion, a P/E ratio of 18.96 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. Graham Holdings has a twelve month low of $683.00 and a twelve month high of $1,015.00.

Graham (NYSE:GHC - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $11.64 earnings per share for the quarter, beating the consensus estimate of $11.29 by $0.35. The business had revenue of $1.17 billion for 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 declared a quarterly dividend, which will be paid on Thursday, August 7th. Shareholders of record on Thursday, July 17th will be paid a $1.80 dividend. This represents a $7.20 annualized dividend and a yield of 0.74%. The ex-dividend date is Thursday, July 17th. Graham's dividend payout ratio (DPR) is presently 5.05%.

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.