Quest Partners LLC Makes New $73,000 Investment in Graham Holdings (NYSE:GHC)

Quest Partners LLC acquired a new stake in shares of Graham Holdings (NYSE:GHCFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 105 shares of the company’s stock, valued at approximately $73,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Norges Bank bought a new stake in shares of Graham during the fourth quarter valued at approximately $18,160,000. AQR Capital Management LLC increased its stake in Graham by 27.2% during the 3rd quarter. AQR Capital Management LLC now owns 39,538 shares of the company’s stock valued at $23,051,000 after purchasing an additional 8,443 shares in the last quarter. Dark Forest Capital Management LP bought a new position in shares of Graham in the third quarter valued at $2,531,000. Assenagon Asset Management S.A. acquired a new position in shares of Graham during the fourth quarter valued at about $2,136,000. Finally, Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Graham by 147.6% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,610 shares of the company’s stock worth $2,105,000 after acquiring an additional 2,152 shares in the last quarter. Institutional investors own 62.54% of the company’s stock.

Graham Price Performance

GHC opened at $726.15 on Thursday. The firm’s fifty day moving average price is $740.13 and its two-hundred day moving average price is $706.63. The company has a market capitalization of $3.22 billion, a price-to-earnings ratio of 12.04 and a beta of 1.11. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.31. Graham Holdings has a 1 year low of $551.36 and a 1 year high of $778.84.

Graham (NYSE:GHCGet Free Report) last issued its quarterly earnings data on Wednesday, May 1st. The company reported $11.24 earnings per share (EPS) for the quarter. Graham had a net margin of 6.12% and a return on equity of 5.39%. The business had revenue of $1.15 billion during the quarter.

Graham Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 8th. Shareholders of record on Thursday, July 18th will be given a $1.72 dividend. The ex-dividend date is Thursday, July 18th. This represents a $6.88 annualized dividend and a yield of 0.95%. Graham’s dividend payout ratio is currently 11.41%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Graham from a “hold” rating to a “buy” rating in a report on Thursday, May 16th.

Check Out Our Latest Stock Analysis on Graham

Insider Buying and Selling at Graham

In other Graham news, Director Anne M. Mulcahy bought 135 shares of the stock in a transaction dated Tuesday, May 28th. The shares were bought at an average cost of $745.07 per share, for a total transaction of $100,584.45. Following the purchase, the director now directly owns 662 shares of the company’s stock, valued at approximately $493,236.34. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, Director Anne M. Mulcahy purchased 135 shares of the stock in a transaction that occurred on Tuesday, May 28th. The shares were bought at an average price of $745.07 per share, with a total value of $100,584.45. Following the acquisition, the director now owns 662 shares of the company’s stock, valued at approximately $493,236.34. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Katharine Weymouth sold 556 shares of the stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $712.99, for a total value of $396,422.44. Following the transaction, the director now directly owns 1,993 shares of the company’s stock, valued at $1,420,989.07. The disclosure for this sale can be found here. Corporate insiders own 20.50% of the company’s stock.

Graham Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Graham (NYSE:GHC)

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