Graham Holdings (NYSE:GHC) Shares Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC boosted its holdings in Graham Holdings (NYSE:GHC) by 175.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,162 shares of the company’s stock after buying an additional 740 shares during the period. Commonwealth Equity Services LLC’s holdings in Graham were worth $813,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Innealta Capital LLC acquired a new stake in Graham in the 2nd quarter worth about $35,000. Whittier Trust Co. acquired a new stake in Graham in the 2nd quarter worth about $70,000. Quest Partners LLC acquired a new stake in Graham in the 4th quarter worth about $73,000. Principal Securities Inc. acquired a new stake in Graham in the 4th quarter worth about $77,000. Finally, Gladius Capital Management LP boosted its stake in Graham by 188.2% in the 2nd quarter. Gladius Capital Management LP now owns 245 shares of the company’s stock worth $171,000 after buying an additional 160 shares during the last quarter. 62.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Graham from a “buy” rating to a “hold” rating in a report on Wednesday, September 4th.

Graham Stock Performance

Graham stock opened at $789.45 on Thursday. The stock’s 50-day moving average is $760.99 and its 200-day moving average is $739.67. The company has a market cap of $3.47 billion, a price-to-earnings ratio of 13.09 and a beta of 1.11. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.61 and a quick ratio of 1.34. Graham Holdings has a 12 month low of $563.39 and a 12 month high of $822.18.

Graham (NYSE:GHC) last released its quarterly earnings data on Wednesday, July 31st. The company reported $12.70 EPS for the quarter. The company had revenue of $1.19 billion for the quarter. Graham had a return on equity of 5.22% and a net margin of 2.89%.

Graham Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 7th. Stockholders of record on Thursday, October 17th will be issued a $1.72 dividend. The ex-dividend date of this dividend is Thursday, October 17th. This represents a $6.88 dividend on an annualized basis and a dividend yield of 0.87%. Graham’s dividend payout ratio (DPR) is 11.41%.

Graham 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.