Intech Investment Management LLC Raises Stock Position in Graham Holdings Company $GHC

Key Points

• Intech Investment Management LLC increased its position in Graham Holdings Company by 106.1% during the first quarter, owning approximately 0.09% of the company's stock valued at $3.82 million.
• Graham Holdings recently reported earnings of $14.33 per share, exceeding analyst expectations of $10.15, with a net revenue of $1.22 billion for the quarter.
• The company declared a quarterly dividend of $1.80, scheduled for payment on November 6th, representing an annualized dividend yield of 0.6%.

Intech Investment Management LLC increased its position in shares of Graham Holdings Company (NYSE:GHC - Free Report) by 106.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,978 shares of the company's stock after buying an additional 2,048 shares during the period. Intech Investment Management LLC owned about 0.09% of Graham worth $3,822,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in GHC. Spire Wealth Management grew its position in Graham by 333.3% during the 1st quarter. Spire Wealth Management now owns 26 shares of the company's stock worth $25,000 after purchasing an additional 20 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in shares of Graham by 216.7% in the 1st quarter. Nisa Investment Advisors LLC now owns 38 shares of the company's stock valued at $37,000 after purchasing an additional 26 shares in the last quarter. Skandinaviska Enskilda Banken AB publ acquired a new position in Graham in the 1st quarter worth about $40,000. CWM LLC grew its holdings in Graham by 100.0% in the first quarter. CWM LLC now owns 42 shares of the company's stock valued at $40,000 after purchasing an additional 21 shares during the period. Finally, Cullen Frost Bankers Inc. acquired a new position in shares of Graham during the first quarter valued at approximately $43,000. Institutional investors own 93.16% of the company's stock.

Graham Stock Performance

GHC opened at $1,172.58 on Friday. The firm's 50-day moving average price is $1,008.96 and its 200 day moving average price is $966.03. The company has a current ratio of 1.27, a quick ratio of 1.10 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $5.11 billion, a PE ratio of 7.53 and a beta of 0.89. Graham Holdings Company has a twelve month low of $764.65 and a twelve month high of $1,182.79.

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

Graham Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Investors 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 dividend payout ratio is 4.62%.

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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