486 Shares in Graham Holdings (NYSE:GHC) Purchased by King Luther Capital Management Corp

King Luther Capital Management Corp purchased a new position in Graham Holdings (NYSE:GHC) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 486 shares of the company’s stock, valued at approximately $340,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in GHC. Insight Inv LLC lifted its holdings in shares of Graham by 0.6% in the first quarter. Insight Inv LLC now owns 2,607 shares of the company’s stock worth $2,001,000 after buying an additional 15 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in Graham by 3.5% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 447 shares of the company’s stock worth $313,000 after purchasing an additional 15 shares in the last quarter. ProShare Advisors LLC boosted its holdings in shares of Graham by 2.2% during the 1st quarter. ProShare Advisors LLC now owns 799 shares of the company’s stock valued at $613,000 after purchasing an additional 17 shares during the last quarter. Janiczek Wealth Management LLC grew its position in shares of Graham by 8.4% during the first quarter. Janiczek Wealth Management LLC now owns 310 shares of the company’s stock valued at $238,000 after purchasing an additional 24 shares in the last quarter. Finally, QRG Capital Management Inc. lifted its position in shares of Graham by 4.1% in the second quarter. QRG Capital Management Inc. now owns 613 shares of the company’s stock worth $429,000 after buying an additional 24 shares in the last quarter. 62.54% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Graham Trading Down 1.2 %

Shares of GHC opened at $795.85 on Monday. The stock has a market capitalization of $3.53 billion, a PE ratio of 13.20 and a beta of 1.11. The company’s fifty day moving average is $763.66 and its 200 day moving average is $740.85. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.61. Graham Holdings has a fifty-two week low of $563.39 and a fifty-two week high of $822.18.

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

Graham Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 7th. Stockholders of record on Thursday, October 17th will be paid a $1.72 dividend. This represents a $6.88 annualized dividend and a dividend yield of 0.86%. The ex-dividend date is Thursday, October 17th. Graham’s 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.