Graham Holdings Company $GHC Shares Acquired by Voya Investment Management LLC

Key Points

• Voya Investment Management LLC increased its stake in Graham Holdings Company by 29.3% during the first quarter, bringing its total ownership to approximately 0.12% of the company, valued at $5,055,000.
• Graham Holdings Company recently reported an EPS of $14.33 for the latest quarter, significantly exceeding the consensus estimate of $10.15.
• The company has announced a quarterly dividend of $1.80 per share, with the dividend to be paid on November 6th to investors on record as of October 16th.

Voya Investment Management LLC grew its stake in Graham Holdings Company (NYSE:GHC - Free Report) by 29.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,261 shares of the company's stock after buying an additional 1,192 shares during the period. Voya Investment Management LLC owned 0.12% of Graham worth $5,055,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Citadel Advisors LLC boosted its stake in Graham by 151.7% during the 4th quarter. Citadel Advisors LLC now owns 1,100 shares of the company's stock worth $959,000 after purchasing an additional 663 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Graham by 1.0% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,238 shares of the company's stock worth $1,951,000 after buying an additional 23 shares during the last quarter. Millennium Management LLC increased its position in Graham by 16.8% in the 4th quarter. Millennium Management LLC now owns 5,891 shares of the company's stock valued at $5,136,000 after acquiring an additional 847 shares during the period. Nomura Holdings Inc. purchased a new stake in Graham during the 4th quarter valued at approximately $389,000. Finally, ProShare Advisors LLC lifted its position in Graham by 38.5% during the 4th quarter. ProShare Advisors LLC now owns 1,058 shares of the company's stock worth $922,000 after acquiring an additional 294 shares during the period. Hedge funds and other institutional investors own 93.16% of the company's stock.

Graham Stock Performance

Shares of NYSE:GHC traded up $15.26 during trading on Monday, reaching $1,165.74. The company had a trading volume of 31,444 shares, compared to its average volume of 39,940. Graham Holdings Company has a fifty-two week low of $770.06 and a fifty-two week high of $1,200.00. 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 stock's fifty day moving average price is $1,036.36 and its 200 day moving average price is $974.26. The firm has a market capitalization of $5.08 billion, a price-to-earnings ratio of 7.48 and a beta of 0.89.

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

Graham Dividend Announcement

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

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.