Algert Global LLC Purchases 85 Shares of Graham Holdings (NYSE:GHC)

Algert Global LLC increased its position in Graham Holdings (NYSE:GHC) by 1.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,036 shares of the company’s stock after acquiring an additional 85 shares during the quarter. Algert Global LLC owned about 0.11% of Graham worth $3,523,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Innealta Capital LLC bought a new position in shares of Graham in the second quarter valued at approximately $35,000. Whittier Trust Co. purchased a new stake in Graham in the second quarter valued at approximately $70,000. Headlands Technologies LLC purchased a new stake in Graham in the second quarter valued at approximately $76,000. Gladius Capital Management LP raised its stake in Graham by 188.2% in the second quarter. Gladius Capital Management LP now owns 245 shares of the company’s stock valued at $171,000 after purchasing an additional 160 shares in the last quarter. Finally, Versor Investments LP purchased a new stake in Graham in the second quarter valued at approximately $211,000. 62.54% of the stock is currently owned by institutional investors.

Graham Trading Up 0.8 %

GHC stock opened at $821.72 on Tuesday. The company has a market capitalization of $3.65 billion, a PE ratio of 13.43 and a beta of 1.11. Graham Holdings has a one year low of $563.39 and a one year high of $822.18. The company’s 50 day moving average price is $767.19 and its two-hundred day moving average price is $743.75. 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 (NYSE:GHC) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $12.70 EPS for the quarter. The firm had revenue of $1.19 billion for the quarter. Graham had a net margin of 2.89% and a return on equity of 5.22%.

Graham Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 7th. Shareholders of record on Thursday, October 17th will be paid a dividend of $1.72 per share. This represents a $6.88 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend is Thursday, October 17th. Graham’s dividend payout ratio (DPR) is presently 11.41%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Graham from a “hold” rating to a “buy” rating in a research note on Thursday, September 26th.

About Graham

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.