Citadel Advisors LLC Raises Holdings in Graham Holdings (NYSE:GHC)

Citadel Advisors LLC boosted its stake in Graham Holdings (NYSE:GHC - Free Report) by 151.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,100 shares of the company's stock after purchasing an additional 663 shares during the quarter. Citadel Advisors LLC's holdings in Graham were worth $959,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Barclays PLC increased its holdings in shares of Graham by 32.4% during the third quarter. Barclays PLC now owns 13,601 shares of the company's stock valued at $11,176,000 after acquiring an additional 3,327 shares in the last quarter. SG Americas Securities LLC lifted its holdings in shares of Graham by 188.2% in the 4th quarter. SG Americas Securities LLC now owns 588 shares of the company's stock worth $513,000 after purchasing an additional 384 shares in the last quarter. Janney Montgomery Scott LLC grew its position in Graham by 23.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 567 shares of the company's stock valued at $495,000 after purchasing an additional 106 shares during the period. KBC Group NV increased its stake in Graham by 36.5% during the 4th quarter. KBC Group NV now owns 142 shares of the company's stock valued at $124,000 after purchasing an additional 38 shares in the last quarter. Finally, Longboard Asset Management LP acquired a new position in Graham during the fourth quarter worth $228,000. 93.16% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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 Stock Up 1.3%

NYSE GHC traded up $12.73 during trading hours on Friday, hitting $956.41. The company's stock had a trading volume of 41,346 shares, compared to its average volume of 17,950. The company has a market capitalization of $4.17 billion, a PE ratio of 18.73 and a beta of 0.91. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. Graham Holdings has a 52 week low of $683.00 and a 52 week high of $1,015.00. The company's 50-day simple moving average is $936.78 and its two-hundred day simple moving average is $927.54.

Graham (NYSE:GHC - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $11.64 earnings per share for the quarter, beating analysts' consensus estimates of $11.29 by $0.35. The company 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 Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 7th. Shareholders of record on Thursday, July 17th will be issued 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 dividend payout ratio is 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.