SG Americas Securities LLC purchased a new stake in Graham Holdings (NYSE:GHC – Free Report) in the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 204 shares of the company’s stock, valued at approximately $168,000.
A number of other institutional investors have also recently modified their holdings of the stock. Innealta Capital LLC acquired a new stake in Graham in the second quarter valued at approximately $35,000. Whittier Trust Co. bought a new stake in shares of Graham during the second quarter valued at approximately $70,000. Headlands Technologies LLC bought a new stake in Graham during the 2nd quarter valued at $76,000. Gladius Capital Management LP grew its holdings in shares of Graham by 188.2% during the second quarter. Gladius Capital Management LP now owns 245 shares of the company’s stock valued at $171,000 after buying an additional 160 shares during the last quarter. Finally, Versor Investments LP bought a new stake in shares of Graham during the second quarter worth about $211,000. 62.54% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Separately, StockNews.com downgraded Graham from a “buy” rating to a “hold” rating in a research note on Friday, October 4th.
Graham Trading Down 1.2 %
NYSE GHC opened at $771.16 on Friday. The company has a current ratio of 1.61, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $3.39 billion, a P/E ratio of 26.03 and a beta of 1.11. The business has a fifty day simple moving average of $786.05 and a 200 day simple moving average of $751.69. Graham Holdings has a 12 month low of $563.39 and a 12 month high of $830.56.
Graham (NYSE:GHC – Get Free Report) last released its quarterly earnings results on Wednesday, July 31st. The company reported $12.70 earnings per share for the quarter. The business 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. Investors 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 of this dividend 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.
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