Graham Holdings Company (NYSE:GHC) Shares Bought by Victory Capital Management Inc.

Key Points

• Victory Capital Management Inc. raised its holdings in Graham Holdings Company (NYSE:GHC) by 77.0% in Q1, owning approximately 0.11% of the company, worth about $4.54 million.
• Graham Holdings' earnings report for the quarter showed an EPS of $11.64, exceeding analysts' expectations by $0.35, although revenue fell short of forecasts at $1.17 billion.
• The company declared a quarterly dividend of $1.80 per share, reflecting an annualized dividend yield of 0.79% and a payout ratio of 5.05%.

Victory Capital Management Inc. lifted its stake in shares of Graham Holdings Company (NYSE:GHC - Free Report) by 77.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,725 shares of the company's stock after buying an additional 2,056 shares during the period. Victory Capital Management Inc. owned approximately 0.11% of Graham worth $4,540,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Spire Wealth Management grew its stake in Graham by 333.3% during the 1st quarter. Spire Wealth Management now owns 26 shares of the company's stock valued at $25,000 after purchasing an additional 20 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in Graham by 216.7% in the first quarter. Nisa Investment Advisors LLC now owns 38 shares of the company's stock valued at $37,000 after buying an additional 26 shares during the last quarter. CWM LLC increased its holdings in Graham by 100.0% in the 1st quarter. CWM LLC now owns 42 shares of the company's stock worth $40,000 after buying an additional 21 shares during the period. Sierra Ocean LLC acquired a new stake in Graham during the 1st quarter valued at approximately $48,000. Finally, Simon Quick Advisors LLC acquired a new stake in shares of Graham in the first quarter worth $205,000. 93.16% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered Graham from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, April 23rd.

Graham Stock Performance

Graham stock traded down $3.81 during mid-day trading on Monday, hitting $914.95. The company had a trading volume of 30,049 shares, compared to its average volume of 29,444. The company has a market capitalization of $3.99 billion, a price-to-earnings ratio of 6.41 and a beta of 0.92. Graham Holdings Company has a 12-month low of $691.41 and a 12-month high of $1,015.00. The company's fifty day moving average is $937.82 and its 200-day moving average is $935.62. The company has a current ratio of 1.62, a quick ratio of 1.41 and a debt-to-equity ratio of 0.17.

Graham (NYSE:GHC - Get Free Report) last released 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 company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.20 billion. Graham had a net margin of 12.99% and a return on equity of 6.80%.

Graham Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 7th. Stockholders of record on Thursday, July 17th will be given 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 0.79%. Graham's dividend payout ratio (DPR) is presently 5.05%.

Graham Company 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.