Graham Holdings Company (NYSE:GHC) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its holdings in Graham Holdings Company (NYSE:GHC) by 3.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,156 shares of the company’s stock after selling 37 shares during the period. Yousif Capital Management LLC’s holdings in Graham were worth $1,111,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in GHC. Raymond James Financial Inc. acquired a new stake in Graham in the 4th quarter worth about $26,773,000. GAMMA Investing LLC boosted its stake in Graham by 128,013.3% in the 1st quarter. GAMMA Investing LLC now owns 19,217 shares of the company’s stock worth $18,465,000 after buying an additional 19,202 shares during the last quarter. LPL Financial LLC acquired a new stake in Graham in the 4th quarter worth about $8,726,000. Norges Bank acquired a new stake in Graham in the 4th quarter worth about $8,157,000. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Graham by 84.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 18,837 shares of the company’s stock worth $16,424,000 after buying an additional 8,615 shares during the last quarter. 93.16% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered Graham from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, April 23rd.

Graham Stock Performance

NYSE GHC opened at $955.73 on Thursday. The firm has a market capitalization of $4.17 billion, a P/E ratio of 6.70 and a beta of 0.93. Graham Holdings Company has a 1-year low of $683.00 and a 1-year high of $1,015.00. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.62 and a quick ratio of 1.41. The business’s 50-day simple moving average is $940.35 and its 200-day simple moving average is $929.55.

Graham (NYSE:GHC) last released its quarterly earnings data on Wednesday, April 30th. The company reported $11.64 earnings per share for the quarter, beating the consensus estimate of $11.29 by $0.35. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.20 billion. Graham had a return on equity of 6.80% and a net margin of 12.99%.

Graham Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 7th. Stockholders of record on Thursday, July 17th will be paid a $1.80 dividend. This represents a $7.20 annualized dividend and a dividend yield of 0.75%. The ex-dividend date of this dividend is Thursday, July 17th. Graham’s dividend payout ratio is currently 5.05%.

Graham Company 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.