Inspire Investing LLC acquired a new position in Graham Holdings (NYSE:GHC – Get Rating) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 384 shares of the company’s stock, valued at approximately $235,000.
Other hedge funds have also bought and sold shares of the company. Southeastern Asset Management Inc. TN lifted its position in shares of Graham by 13.0% during the 4th quarter. Southeastern Asset Management Inc. TN now owns 299,868 shares of the company’s stock valued at $188,866,000 after buying an additional 34,529 shares during the last quarter. State Street Corp lifted its position in shares of Graham by 2.0% during the 4th quarter. State Street Corp now owns 125,253 shares of the company’s stock valued at $78,888,000 after buying an additional 2,492 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Graham by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 67,221 shares of the company’s stock valued at $42,337,000 after buying an additional 379 shares during the last quarter. Invesco Ltd. lifted its position in shares of Graham by 5.4% during the 4th quarter. Invesco Ltd. now owns 64,950 shares of the company’s stock valued at $40,908,000 after buying an additional 3,313 shares during the last quarter. Finally, Northern Trust Corp lifted its position in shares of Graham by 2.5% during the 4th quarter. Northern Trust Corp now owns 56,235 shares of the company’s stock valued at $35,418,000 after buying an additional 1,394 shares during the last quarter. 64.51% of the stock is currently owned by institutional investors and hedge funds.
Separately, StockNews.com started coverage on Graham in a research report on Thursday, March 31st. They set a “hold” rating on the stock.
Shares of GHC opened at $564.18 on Friday. The stock’s 50-day simple moving average is $585.16 and its 200 day simple moving average is $596.09. The stock has a market capitalization of $2.75 billion, a price-to-earnings ratio of 8.37 and a beta of 1.04. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.54 and a current ratio of 1.69. Graham Holdings has a 52-week low of $533.77 and a 52-week high of $675.00.
Graham (NYSE:GHC – Get Rating) last issued its quarterly earnings data on Wednesday, May 4th. The company reported $12.76 earnings per share (EPS) for the quarter. The business had revenue of $914.72 million for the quarter. Graham had a return on equity of 6.18% and a net margin of 9.89%.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 5th. Investors of record on Tuesday, July 19th will be issued a dividend of $1.58 per share. The ex-dividend date is Monday, July 18th. This represents a $6.32 dividend on an annualized basis and a yield of 1.12%. Graham’s dividend payout ratio (DPR) is 9.37%.
Graham Profile (Get Rating)
Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company worldwide. It provides test preparation services and materials; data science and training services; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to the Purdue University Global.
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