1,098 Shares in Graham Holdings Company $GHC Acquired by Jacobs Levy Equity Management Inc.

Key Points

• Jacobs Levy Equity Management Inc. has acquired a new position in Graham Holdings Company (NYSE:GHC) with 1,098 shares valued at approximately $1,055,000 in the first quarter.
• Several hedge funds increased their stakes in Graham, including AQR Capital Management, which boosted its position by 50.4% and now owns shares worth $55.85 million.
• Graham Holdings recently announced a quarterly dividend of $1.80 per share, set to be paid on November 6th, with a dividend yield of 0.6%.

Jacobs Levy Equity Management Inc. purchased a new position in shares of Graham Holdings Company (NYSE:GHC - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,098 shares of the company's stock, valued at approximately $1,055,000.

Other large investors also recently bought and sold shares of the company. AQR Capital Management LLC lifted its position in shares of Graham by 50.4% during the 1st quarter. AQR Capital Management LLC now owns 58,729 shares of the company's stock worth $55,851,000 after purchasing an additional 19,690 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Graham by 0.4% in the 1st quarter. Raymond James Financial Inc. now owns 30,838 shares of the company's stock valued at $29,631,000 after acquiring an additional 131 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Graham by 9.3% in the 1st quarter. Invesco Ltd. now owns 21,677 shares of the company's stock valued at $20,829,000 after acquiring an additional 1,849 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Graham by 128,013.3% in the 1st quarter. GAMMA Investing LLC now owns 19,217 shares of the company's stock valued at $18,465,000 after acquiring an additional 19,202 shares during the last quarter. Finally, Nuveen LLC purchased a new position in shares of Graham in the 1st quarter valued at about $8,351,000. Hedge funds and other institutional investors own 93.16% of the company's stock.

Graham Stock Up 0.4%

Shares of GHC traded up $4.32 during mid-day trading on Wednesday, reaching $1,143.83. The company's stock had a trading volume of 65,910 shares, compared to its average volume of 34,110. Graham Holdings Company has a 12-month low of $770.06 and a 12-month high of $1,200.00. The stock has a market cap of $4.99 billion, a PE ratio of 7.34 and a beta of 0.89. 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 company's 50 day moving average is $1,022.36 and its 200 day moving average is $969.61.

Graham (NYSE:GHC - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $14.33 EPS for the quarter, beating 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 business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.18 billion.

Graham Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Thursday, October 16th will be paid a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Thursday, October 16th. Graham's dividend payout ratio (DPR) is currently 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.