Susquehanna International Group LLP boosted its stake in shares of Graham Holdings (NYSE:GHC - Free Report) by 53.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,851 shares of the company's stock after buying an additional 642 shares during the quarter. Susquehanna International Group LLP's holdings in Graham were worth $1,614,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently modified their holdings of GHC. Raymond James Financial Inc. acquired a new stake in Graham during the fourth quarter worth about $26,773,000. JPMorgan Chase & Co. boosted its stake in Graham by 16.5% in the 4th quarter. JPMorgan Chase & Co. now owns 24,623 shares of the company's stock worth $21,469,000 after purchasing an additional 3,495 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in shares of Graham by 84.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 18,837 shares of the company's stock valued at $16,424,000 after buying an additional 8,615 shares during the period. Barclays PLC lifted its stake in shares of Graham by 12.2% in the 4th quarter. Barclays PLC now owns 15,262 shares of the company's stock valued at $13,307,000 after purchasing an additional 1,661 shares during the last quarter. Finally, Franklin Resources Inc. increased its holdings in shares of Graham by 18.9% during the 4th quarter. Franklin Resources Inc. now owns 12,257 shares of the company's stock worth $10,687,000 after purchasing an additional 1,946 shares during the period. 93.16% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered shares of Graham from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, April 23rd.
Get Our Latest Analysis on Graham
Graham Stock Down 0.4%
GHC traded down $4.00 during trading hours on Tuesday, hitting $983.93. 15,671 shares of the company's stock were exchanged, compared to its average volume of 17,736. The stock has a market cap of $4.29 billion, a price-to-earnings ratio of 19.27 and a beta of 0.91. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18. The stock's 50-day moving average is $934.41 and its two-hundred day moving average is $921.56. Graham Holdings has a 1-year low of $683.00 and a 1-year high of $1,015.00.
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, topping analysts' consensus estimates of $11.29 by $0.35. Graham had a net margin of 4.86% and a return on equity of 5.79%. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.20 billion.
Graham Announces Dividend
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 issued a dividend of $1.80 per share. The ex-dividend date of this dividend is Thursday, July 17th. This represents a $7.20 annualized dividend and a yield of 0.73%. Graham's payout ratio is 5.05%.
About Graham
(
Free Report)
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.
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