Vest Financial LLC Buys New Position in Graham Holdings (NYSE:GHC)

Vest Financial LLC acquired a new stake in shares of Graham Holdings (NYSE:GHC - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 845 shares of the company's stock, valued at approximately $812,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its position in Graham by 55.0% in 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 in the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Graham by 44.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company's stock worth $126,000 after purchasing an additional 44 shares during the last quarter. Principal Securities Inc. raised its holdings in shares of Graham by 30.0% in the 4th quarter. Principal Securities Inc. now owns 182 shares of the company's stock worth $159,000 after purchasing an additional 42 shares in the last quarter. GeoWealth Management LLC acquired a new stake in Graham during the fourth quarter valued at approximately $197,000. Finally, Capstone Investment Advisors LLC bought a new stake in Graham during the fourth quarter worth approximately $225,000. Institutional investors own 93.16% of the company's stock.

Graham Trading Down 0.4%

Shares of Graham stock traded down $3.78 on Thursday, reaching $953.27. 68,212 shares of the company were exchanged, compared to its average volume of 18,841. Graham Holdings has a fifty-two week low of $683.00 and a fifty-two week high of $1,015.00. The firm has a market capitalization of $4.16 billion, a price-to-earnings ratio of 18.67 and a beta of 0.93. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. The stock has a fifty day moving average price of $935.58 and a 200-day moving average price of $929.21.

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

Graham Dividend Announcement

The business also recently disclosed 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. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend is Thursday, July 17th. Graham's payout ratio is 5.05%.

Wall Street Analysts Forecast Growth

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