Two Sigma Investments LP Has $827,000 Position in Graham Holdings (NYSE:GHC)

Two Sigma Investments LP lessened its stake in Graham Holdings (NYSE:GHC - Free Report) by 27.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 949 shares of the company's stock after selling 351 shares during the quarter. Two Sigma Investments LP's holdings in Graham were worth $827,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in GHC. Y Intercept Hong Kong Ltd acquired a new position in Graham in the 4th quarter worth $635,000. Citadel Advisors LLC lifted its holdings in shares of Graham by 151.7% in the fourth quarter. Citadel Advisors LLC now owns 1,100 shares of the company's stock valued at $959,000 after purchasing an additional 663 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Graham by 19.3% during the fourth quarter. Wells Fargo & Company MN now owns 2,372 shares of the company's stock worth $2,068,000 after buying an additional 384 shares in the last quarter. Millennium Management LLC raised its position in Graham by 16.8% in the 4th quarter. Millennium Management LLC now owns 5,891 shares of the company's stock valued at $5,136,000 after buying an additional 847 shares during the last quarter. Finally, Summit Global Investments bought a new stake in Graham in the 4th quarter valued at approximately $849,000. Institutional investors own 93.16% of the company's stock.

Graham Stock Up 0.3%

NYSE:GHC traded up $2.98 on Friday, hitting $960.36. 49,565 shares of the company's stock were exchanged, compared to its average volume of 18,230. The firm has a 50-day moving average price of $935.85 and a 200-day moving average price of $928.68. Graham Holdings has a 52 week low of $683.00 and a 52 week high of $1,015.00. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34. The company has a market cap of $4.19 billion, a P/E ratio of 18.80 and a beta of 0.93.

Graham (NYSE:GHC - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $11.64 EPS for the quarter, beating the consensus estimate of $11.29 by $0.35. The firm had revenue of $1.17 billion during the quarter, compared to analysts' expectations 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 announced a quarterly dividend, which will be paid on Thursday, August 7th. Investors of record on Thursday, July 17th will be paid 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 0.75%. Graham's dividend payout ratio is presently 5.05%.

Analysts Set New Price Targets

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

About Graham

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.