1,198 Shares in Graham Holdings (NYSE:GHC) Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC acquired a new position in shares of Graham Holdings (NYSE:GHC - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,198 shares of the company's stock, valued at approximately $1,046,000.

Other large investors also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in Graham in the fourth quarter valued at $26,773,000. LPL Financial LLC bought a new stake in shares of Graham during the 4th quarter worth $8,726,000. Norges Bank bought a new position in Graham during the 4th quarter valued at approximately $8,157,000. Arrowstreet Capital Limited Partnership grew its holdings in Graham by 84.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 18,837 shares of the company's stock worth $16,424,000 after purchasing an additional 8,615 shares during the period. Finally, Alliancebernstein L.P. increased its position in shares of Graham by 63.3% during the fourth quarter. Alliancebernstein L.P. now owns 11,830 shares of the company's stock valued at $10,315,000 after acquiring an additional 4,584 shares in the last quarter. 93.16% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Graham from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, April 23rd.

Graham Price Performance

Shares of NYSE GHC traded down $11.40 during mid-day trading on Friday, reaching $963.21. The company's stock had a trading volume of 5,440 shares, compared to its average volume of 17,712. Graham Holdings has a 1-year low of $683.00 and a 1-year high of $1,003.53. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57. The stock has a 50-day moving average of $933.32 and a two-hundred day moving average of $916.77. The stock has a market capitalization of $4.18 billion, a P/E ratio of 18.86 and a beta of 0.91.

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

Graham Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 7th. Investors of record on Thursday, July 17th will be given a $1.80 dividend. The ex-dividend date is Thursday, July 17th. This represents a $7.20 dividend on an annualized basis and a yield of 0.75%. Graham's dividend payout ratio 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.