Caitlin John LLC Acquires New Position in Graham Holdings Company $GHC

Key Points

• Caitlin John LLC has acquired a new stake in Graham Holdings Company, purchasing 1,172 shares valued at approximately $1,109,000 in the second quarter.
• Graham Holdings recently reported $14.33 earnings per share (EPS), surpassing the consensus estimate of $10.15, with a quarterly revenue of $1.22 billion.
• The company announced a quarterly dividend of $1.80 per share, payable on November 6th, representing a 0.6% dividend yield.

Caitlin John LLC purchased a new position in Graham Holdings Company (NYSE:GHC - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,172 shares of the company's stock, valued at approximately $1,109,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GHC. Citadel Advisors LLC raised its holdings in Graham by 151.7% during the fourth quarter. Citadel Advisors LLC now owns 1,100 shares of the company's stock worth $959,000 after buying an additional 663 shares during the last quarter. Millennium Management LLC raised its stake in Graham by 16.8% in the fourth quarter. Millennium Management LLC now owns 5,891 shares of the company's stock valued at $5,136,000 after purchasing an additional 847 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Graham by 22.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,551 shares of the company's stock valued at $5,712,000 after purchasing an additional 1,199 shares in the last quarter. Forum Financial Management LP bought a new position in Graham during the fourth quarter valued at approximately $1,517,000. Finally, GAMMA Investing LLC grew its holdings in shares of Graham by 128,013.3% in the first quarter. GAMMA Investing LLC now owns 19,217 shares of the company's stock worth $18,465,000 after purchasing an additional 19,202 shares during the last quarter. Institutional investors and hedge funds own 93.16% of the company's stock.

Graham Trading Up 1.3%

NYSE:GHC traded up $15.26 during trading hours on Monday, hitting $1,165.74. The company had a trading volume of 31,444 shares, compared to its average volume of 39,940. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.27 and a quick ratio of 1.10. The company has a market capitalization of $5.08 billion, a PE ratio of 7.48 and a beta of 0.89. The stock has a 50-day moving average price of $1,036.36 and a 200 day moving average price of $974.26. Graham Holdings Company has a 52 week low of $770.06 and a 52 week high of $1,200.00.

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

Graham Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Thursday, October 16th will be issued a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, October 16th. Graham's payout ratio is presently 4.62%.

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.