Marshall Wace LLP Sells 794 Shares of Graham Holdings (NYSE:GHC)

Marshall Wace LLP decreased its stake in Graham Holdings (NYSE:GHC - Free Report) by 72.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 300 shares of the company's stock after selling 794 shares during the period. Marshall Wace LLP's holdings in Graham were worth $262,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in shares of Graham by 10.1% in the 3rd 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 during the last quarter. Franklin Resources Inc. raised its position in Graham by 8.6% in the third quarter. Franklin Resources Inc. now owns 10,311 shares of the company's stock valued at $8,344,000 after purchasing an additional 819 shares during the last quarter. Miracle Mile Advisors LLC acquired a new stake in shares of Graham during the fourth quarter valued at about $437,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Graham during the fourth quarter worth about $635,000. Finally, Wells Fargo & Company MN grew its holdings in Graham by 19.3% during the 4th quarter. Wells Fargo & Company MN now owns 2,372 shares of the company's stock worth $2,068,000 after acquiring an additional 384 shares during the last quarter. Institutional investors and hedge funds own 93.16% of the company's stock.

Graham Trading Up 0.9 %

Shares of Graham stock traded up $8.14 on Wednesday, hitting $963.49. 29,230 shares of the company's stock traded hands, compared to its average volume of 17,755. Graham Holdings has a one year low of $683.00 and a one year high of $1,003.53. 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 fifty day moving average of $933.34 and a two-hundred day moving average of $915.16. The company has a market capitalization of $4.18 billion, a price-to-earnings ratio of 18.87 and a beta of 0.91.

Graham (NYSE:GHC - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. 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%. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.20 billion.

Graham Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 7th. Shareholders 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 0.75%. The ex-dividend date is Thursday, July 17th. Graham's dividend payout ratio (DPR) is 5.05%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Graham from a "strong-buy" rating to a "buy" rating in a research note 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.