Creative Planning Buys 138 Shares of Graham Holdings (NYSE:GHC)

Creative Planning boosted its stake in Graham Holdings (NYSE:GHC) by 4.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,425 shares of the company’s stock after acquiring an additional 138 shares during the period. Creative Planning owned 0.08% of Graham worth $2,814,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of GHC. Innealta Capital LLC bought a new position in shares of Graham during the 2nd quarter worth approximately $35,000. Whittier Trust Co. bought a new position in shares of Graham during the 2nd quarter worth approximately $70,000. Headlands Technologies LLC bought a new position in shares of Graham during the 2nd quarter worth approximately $76,000. SG Americas Securities LLC bought a new position in shares of Graham during the 3rd quarter worth approximately $168,000. Finally, Gladius Capital Management LP boosted its holdings in shares of Graham by 188.2% during 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 in the last quarter. 62.54% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Graham Price Performance

Shares of NYSE:GHC opened at $770.06 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.61 and a debt-to-equity ratio of 0.18. Graham Holdings has a twelve month low of $563.39 and a twelve month high of $830.56. The stock’s 50 day moving average is $786.35 and its 200-day moving average is $751.71. The firm has a market capitalization of $3.39 billion, a price-to-earnings ratio of 25.99 and a beta of 1.11.

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

Graham Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 7th. Stockholders of record on Thursday, October 17th will be given a dividend of $1.72 per share. This represents a $6.88 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date is Thursday, October 17th. Graham’s payout ratio is 23.22%.

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.