Eagle Strategies LLC Has $1.72 Million Stake in Graham Holdings Company (NYSE:GHC)

Eagle Strategies LLC increased its holdings in shares of Graham Holdings Company (NYSE:GHC - Free Report) by 46.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. 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.

A number of other institutional investors also recently added to or reduced their stakes in GHC. Smartleaf Asset Management LLC raised its position in shares of Graham by 55.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock worth $27,000 after acquiring an additional 11 shares during the last quarter. Stifel Financial Corp grew its position in shares of Graham by 1.8% during the 4th quarter. Stifel Financial Corp now owns 623 shares of the company's stock worth $543,000 after buying an additional 11 shares during the period. Xponance Inc. raised its stake in shares of Graham by 3.3% during the fourth quarter. Xponance Inc. now owns 469 shares of the company's stock worth $409,000 after buying an additional 15 shares during the last quarter. Miracle Mile Advisors LLC lifted its holdings in Graham by 3.2% in the first quarter. Miracle Mile Advisors LLC now owns 517 shares of the company's stock valued at $497,000 after buying an additional 16 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Graham by 1.0% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,238 shares of the company's stock valued at $1,951,000 after acquiring an additional 23 shares during the last quarter. 93.16% of the stock is owned by institutional investors and hedge funds.

Graham Stock Up 2.2%

NYSE GHC traded up $20.70 on Thursday, reaching $965.84. The company had a trading volume of 63,476 shares, compared to its average volume of 20,841. The firm has a market capitalization of $4.21 billion, a price-to-earnings ratio of 6.77 and a beta of 0.93. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.41 and a current ratio of 1.62. Graham Holdings Company has a 1-year low of $683.00 and a 1-year high of $1,015.00. The company's fifty day moving average is $945.71 and its 200-day moving average is $929.85.

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

Graham Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 7th. Stockholders 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 dividend yield of 0.75%. The ex-dividend date of this dividend is Thursday, July 17th. Graham's dividend payout ratio is currently 5.05%.

Analysts Set New Price Targets

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

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.