GAMMA Investing LLC Acquires 19,202 Shares of Graham Holdings (NYSE:GHC)

GAMMA Investing LLC grew its position in Graham Holdings (NYSE:GHC - Free Report) by 128,013.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,217 shares of the company's stock after purchasing an additional 19,202 shares during the period. GAMMA Investing LLC owned about 0.44% of Graham worth $18,465,000 at the end of the most recent reporting period.

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

Graham Stock Performance

GHC traded up $2.98 during trading on Friday, hitting $960.36. 49,565 shares of the company traded hands, compared to its average volume of 18,222. Graham Holdings has a one year low of $683.00 and a one year high of $1,015.00. The stock's fifty day moving average is $935.85 and its 200 day moving average is $928.46. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18. The firm has a market cap of $4.19 billion, a P/E ratio of 18.80 and a beta of 0.93.

Graham (NYSE:GHC - Get Free Report) last released 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. Graham had a net margin of 4.86% and a return on equity of 5.79%. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.20 billion.

Graham Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 7th. Shareholders of record on Thursday, July 17th will be given a $1.80 dividend. 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 currently 5.05%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded Graham from a "strong-buy" rating to a "buy" rating in a research note 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.