Allianz SE Acquires Shares of 416 Graham Holdings Company (NYSE:GHC)

Key Points

• Allianz SE has acquired a new position in Graham Holdings Company, purchasing 416 shares valued at approximately $400,000 during the first quarter.
• Graham Holdings reported impressive quarterly earnings with $14.33 EPS, significantly surpassing the consensus estimate of $10.15.
• The company announced a quarterly dividend of $1.80 per share, with the dividend payout ratio currently at 4.62%.

Allianz SE bought a new position in shares of Graham Holdings Company (NYSE:GHC - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 416 shares of the company's stock, valued at approximately $400,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in Graham by 16.5% during the 4th quarter. JPMorgan Chase & Co. now owns 24,623 shares of the company's stock worth $21,469,000 after buying an additional 3,495 shares in the last quarter. Norges Bank acquired a new position in Graham in the 4th quarter valued at $8,157,000. O Shaughnessy Asset Management LLC lifted its holdings in Graham by 19.4% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 560 shares of the company's stock valued at $488,000 after purchasing an additional 91 shares in the last quarter. Alliancebernstein L.P. boosted its stake in Graham by 63.3% during the 4th quarter. Alliancebernstein L.P. now owns 11,830 shares of the company's stock worth $10,315,000 after purchasing an additional 4,584 shares during the last quarter. Finally, Franklin Resources Inc. boosted its stake in Graham by 18.9% during the 4th quarter. Franklin Resources Inc. now owns 12,257 shares of the company's stock worth $10,687,000 after purchasing an additional 1,946 shares during the last quarter. Hedge funds and other institutional investors own 93.16% of the company's stock.

Graham Stock Down 3.5%

GHC stock opened at $921.01 on Monday. The company has a current ratio of 1.27, a quick ratio of 1.10 and a debt-to-equity ratio of 0.07. The firm has a 50-day moving average of $937.21 and a two-hundred day moving average of $937.17. Graham Holdings Company has a 12 month low of $691.41 and a 12 month high of $1,015.00. The company has a market cap of $4.02 billion, a price-to-earnings ratio of 5.91 and a beta of 0.88.

Graham (NYSE:GHC - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $14.33 EPS for the quarter, beating the consensus estimate of $10.15 by $4.18. The firm had revenue of $1.22 billion during the quarter, compared to analysts' expectations of $1.18 billion. Graham had a return on equity of 6.79% and a net margin of 14.10%.

Graham Dividend Announcement

The company 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 dividend of $1.80 per share. This represents a $7.20 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, July 17th. Graham's dividend payout ratio (DPR) is presently 4.62%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut shares of Graham from a "strong-buy" rating to a "buy" rating in a research 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.

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