Deutsche Bank AG Buys 2,697 Shares of Graham Holdings (NYSE:GHC)

Deutsche Bank AG grew its stake in shares of Graham Holdings (NYSE:GHC - Free Report) by 138.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,638 shares of the company's stock after buying an additional 2,697 shares during the period. Deutsche Bank AG owned 0.11% of Graham worth $4,044,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Smartleaf Asset Management LLC lifted its position in shares of Graham by 55.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock valued at $27,000 after buying an additional 11 shares in the last quarter. KBC Group NV lifted its holdings in Graham by 36.5% in the 4th quarter. KBC Group NV now owns 142 shares of the company's stock worth $124,000 after purchasing an additional 38 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in Graham by 44.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company's stock worth $126,000 after purchasing an additional 44 shares in the last quarter. Principal Securities Inc. lifted its holdings in Graham by 30.0% in the 4th quarter. Principal Securities Inc. now owns 182 shares of the company's stock worth $159,000 after purchasing an additional 42 shares in the last quarter. Finally, GeoWealth Management LLC purchased a new position in Graham in the 4th quarter worth approximately $197,000. 93.16% of the stock is owned by hedge funds and other institutional investors.

Graham Price Performance

NYSE GHC traded up $1.25 during trading hours on Friday, reaching $922.42. The company's stock had a trading volume of 17,611 shares, compared to its average volume of 17,807. The firm's 50-day moving average price is $938.98 and its 200-day moving average price is $927.78. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18. Graham Holdings has a 1 year low of $683.00 and a 1 year high of $1,015.00. The company has a market capitalization of $4.02 billion, a price-to-earnings ratio of 18.06 and a beta of 0.91.

Graham (NYSE:GHC - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $11.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $11.29 by $0.35. Graham had a return on equity of 5.79% and a net margin of 4.86%. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.20 billion.

Graham Dividend Announcement

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 paid a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date is Thursday, July 17th. Graham's payout ratio is 5.05%.

Wall Street Analyst Weigh In

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

Graham Company 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.