Allianz SE Purchases 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 first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 416 shares of the company's stock, valued at approximately $400,000.

A number of other institutional investors have also made changes to their positions in the stock. Spire Wealth Management grew its position in Graham by 333.3% during the first quarter. Spire Wealth Management now owns 26 shares of the company's stock worth $25,000 after buying an additional 20 shares in the last quarter. Nisa Investment Advisors LLC raised its position in Graham by 216.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 38 shares of the company's stock worth $37,000 after purchasing an additional 26 shares during the last quarter. Skandinaviska Enskilda Banken AB publ bought a new position in Graham during the 1st quarter worth $40,000. CWM LLC raised its position in shares of Graham by 100.0% in the 1st quarter. CWM LLC now owns 42 shares of the company's stock worth $40,000 after acquiring an additional 21 shares in the last quarter. Finally, Cullen Frost Bankers Inc. acquired a new stake in shares of Graham in the 1st quarter valued at about $43,000. 93.16% of the stock is owned by institutional investors and hedge funds.

Graham Trading Down 0.5%

Shares of Graham stock traded down $4.82 during trading on Thursday, reaching $961.04. 14,717 shares of the stock were exchanged, compared to its average volume of 30,787. Graham Holdings Company has a 1 year low of $709.38 and a 1 year high of $1,015.00. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of 6.17 and a beta of 0.88. The stock's fifty day moving average is $938.57 and its 200 day moving average is $937.95. The company has a quick ratio of 1.10, a current ratio of 1.27 and a debt-to-equity ratio of 0.07.

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

Wall Street Analyst Weigh In

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

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.