Dark Forest Capital Management LP Grows Position in Graham Holdings (NYSE:GHC)

Dark Forest Capital Management LP grew its stake in Graham Holdings (NYSE:GHC - Free Report) by 109.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 757 shares of the company's stock after acquiring an additional 395 shares during the quarter. Dark Forest Capital Management LP's holdings in Graham were worth $660,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of GHC. MML Investors Services LLC purchased a new stake in Graham during the 3rd quarter valued at about $203,000. Barclays PLC lifted its stake in shares of Graham by 32.4% in the third quarter. Barclays PLC now owns 13,601 shares of the company's stock worth $11,176,000 after buying an additional 3,327 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Graham by 8.6% during the third quarter. Franklin Resources Inc. now owns 10,311 shares of the company's stock valued at $8,344,000 after buying an additional 819 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Graham by 10.1% during the third quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company's stock valued at $17,361,000 after acquiring an additional 1,941 shares in the last quarter. Finally, Miracle Mile Advisors LLC purchased a new position in Graham in the 4th quarter worth approximately $437,000. 93.16% of the stock is owned by hedge funds and other institutional investors.

Graham Stock Performance

NYSE:GHC traded down $18.02 during mid-day trading on Wednesday, reaching $909.29. The company's stock had a trading volume of 8,328 shares, compared to its average volume of 17,412. 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 market cap of $3.95 billion, a P/E ratio of 17.75 and a beta of 0.92. The firm's fifty day moving average price is $934.38 and its two-hundred day moving average price is $911.03. Graham Holdings has a 12-month low of $683.00 and a 12-month high of $1,003.53.

Graham (NYSE:GHC - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $11.64 earnings per share for the quarter, beating 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%.

Graham Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be given a dividend of $1.80 per share. The ex-dividend date is Thursday, April 17th. This represents a $7.20 annualized dividend and a yield of 0.79%. Graham's dividend payout ratio (DPR) is 4.37%.

Analyst Ratings Changes

Separately, StockNews.com lowered Graham from a "strong-buy" rating to a "buy" rating in a report on Wednesday, April 23rd.

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.