Squarepoint Ops LLC Invests $637,000 in Graham Holdings (NYSE:GHC)

Squarepoint Ops LLC acquired a new stake in shares of Graham Holdings (NYSE:GHC) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 911 shares of the company’s stock, valued at approximately $637,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of Graham by 5.9% during the 1st quarter. Vanguard Group Inc. now owns 371,235 shares of the company’s stock valued at $284,990,000 after buying an additional 20,629 shares during the last quarter. American Century Companies Inc. lifted its stake in Graham by 80.3% in the second quarter. American Century Companies Inc. now owns 20,109 shares of the company’s stock valued at $14,067,000 after acquiring an additional 8,953 shares during the last quarter. SageView Advisory Group LLC acquired a new position in shares of Graham during the 1st quarter worth $6,230,000. Raymond James Financial Services Advisors Inc. raised its holdings in shares of Graham by 31.0% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 30,332 shares of the company’s stock valued at $21,219,000 after purchasing an additional 7,179 shares in the last quarter. Finally, Cetera Advisors LLC acquired a new stake in shares of Graham in the 1st quarter valued at $5,256,000. Hedge funds and other institutional investors own 62.54% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Graham from a “buy” rating to a “hold” rating in a research report on Friday, October 4th.

Graham Stock Up 1.3 %

GHC opened at $806.52 on Wednesday. Graham Holdings has a twelve month low of $563.39 and a twelve month high of $822.18. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.61. The business has a 50 day moving average price of $767.88 and a 200 day moving average price of $747.77. The firm has a market cap of $3.58 billion, a P/E ratio of 13.37 and a beta of 1.11.

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

Graham Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 7th. Stockholders of record on Thursday, October 17th will be given a $1.72 dividend. The ex-dividend date of this dividend is Thursday, October 17th. This represents a $6.88 annualized dividend and a dividend yield of 0.85%. Graham’s dividend payout ratio 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.