ProShare Advisors LLC Boosts Stock Position in Graham Holdings (NYSE:GHC)

ProShare Advisors LLC boosted its stake in shares of Graham Holdings (NYSE:GHC - Free Report) by 38.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,058 shares of the company's stock after buying an additional 294 shares during the period. ProShare Advisors LLC's holdings in Graham were worth $922,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GHC. Barclays PLC boosted its stake in Graham by 32.4% during the third quarter. Barclays PLC now owns 13,601 shares of the company's stock worth $11,176,000 after buying an additional 3,327 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in Graham in the fourth quarter valued at $514,000. SG Americas Securities LLC raised its position in Graham by 188.2% in the fourth quarter. SG Americas Securities LLC now owns 588 shares of the company's stock valued at $513,000 after purchasing an additional 384 shares during the period. Janney Montgomery Scott LLC raised its position in Graham by 23.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 567 shares of the company's stock valued at $495,000 after purchasing an additional 106 shares during the period. Finally, Insight Inv LLC raised its position in Graham by 3.6% in the fourth quarter. Insight Inv LLC now owns 2,724 shares of the company's stock valued at $2,375,000 after purchasing an additional 95 shares during the period. Institutional investors and hedge funds own 93.16% of the company's stock.

Graham Trading Up 0.8%

NYSE:GHC traded up $7.09 on Thursday, reaching $936.37. The company's stock had a trading volume of 8,059 shares, compared to its average volume of 17,799. Graham Holdings has a 12-month low of $683.00 and a 12-month high of $1,015.00. 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 $4.08 billion, a price-to-earnings ratio of 18.30 and a beta of 0.91. The stock has a 50 day moving average price of $937.42 and a 200 day moving average price of $927.59.

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

Graham Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 7th. Investors of record on Thursday, July 17th will be issued a $1.80 dividend. The ex-dividend date of this dividend is Thursday, July 17th. This represents a $7.20 annualized dividend and a dividend yield of 0.77%. Graham's dividend payout ratio is presently 5.05%.

Wall Street Analysts Forecast Growth

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