Graham Holdings Company (NYSE:GHC) Stake Raised by Eagle Strategies LLC

Eagle Strategies LLC increased its holdings in Graham Holdings Company (NYSE:GHC - Free Report) by 46.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,786 shares of the company's stock after acquiring an additional 565 shares during the period. Eagle Strategies LLC's holdings in Graham were worth $1,716,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of GHC. QRG Capital Management Inc. increased its position in Graham by 15.9% in the 1st quarter. QRG Capital Management Inc. now owns 767 shares of the company's stock worth $737,000 after purchasing an additional 105 shares during the last quarter. Janney Montgomery Scott LLC increased its position in Graham by 530.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 3,575 shares of the company's stock worth $3,435,000 after purchasing an additional 3,008 shares during the last quarter. Stock Yards Bank & Trust Co. acquired a new position in Graham in the 1st quarter worth about $207,000. Simon Quick Advisors LLC acquired a new position in Graham in the 1st quarter worth about $205,000. Finally, SG Americas Securities LLC increased its position in Graham by 44.9% in the 1st quarter. SG Americas Securities LLC now owns 852 shares of the company's stock worth $819,000 after purchasing an additional 264 shares during the last quarter. 93.16% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Graham Stock Down 0.5%

Graham stock opened at $952.08 on Monday. The firm has a market cap of $4.15 billion, a price-to-earnings ratio of 6.68 and a beta of 0.93. The firm has a fifty day moving average price of $942.28 and a two-hundred day moving average price of $929.33. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.62 and a quick ratio of 1.41. Graham Holdings Company has a fifty-two week low of $683.00 and a fifty-two week high of $1,015.00.

Graham (NYSE:GHC - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $11.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $11.29 by $0.35. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.20 billion. Graham had a return on equity of 6.80% and a net margin of 12.99%.

Graham Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 7th. Shareholders of record on Thursday, July 17th will be issued a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date of this dividend is Thursday, July 17th. Graham's dividend payout ratio (DPR) is currently 5.05%.

Graham 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.

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