Vanguard Personalized Indexing Management LLC Grows Position in Graham Holdings Company $GHC

Vanguard Personalized Indexing Management LLC increased its position in shares of Graham Holdings Company (NYSE:GHC) by 7.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 588 shares of the company’s stock after purchasing an additional 43 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Graham were worth $556,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Spire Wealth Management boosted its stake in shares of Graham by 333.3% during the 1st quarter. Spire Wealth Management now owns 26 shares of the company’s stock worth $25,000 after purchasing an additional 20 shares during the period. UMB Bank n.a. boosted its stake in shares of Graham by 68.8% during the 2nd quarter. UMB Bank n.a. now owns 27 shares of the company’s stock worth $26,000 after purchasing an additional 11 shares during the period. GAMMA Investing LLC boosted its stake in shares of Graham by 55.0% during the 2nd quarter. GAMMA Investing LLC now owns 31 shares of the company’s stock worth $29,000 after purchasing an additional 11 shares during the period. Nisa Investment Advisors LLC lifted its holdings in Graham by 216.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 38 shares of the company’s stock valued at $37,000 after buying an additional 26 shares in the last quarter. Finally, CWM LLC lifted its holdings in Graham by 100.0% during the 1st quarter. CWM LLC now owns 42 shares of the company’s stock valued at $40,000 after buying an additional 21 shares in the last quarter. 93.16% of the stock is owned by hedge funds and other institutional investors.

Graham Trading Up 4.9%

NYSE:GHC opened at $1,050.60 on Wednesday. Graham Holdings Company has a one year low of $770.06 and a one year high of $1,200.00. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.10 and a current ratio of 1.27. The firm has a market cap of $4.58 billion, a P/E ratio of 6.74 and a beta of 0.88. The firm has a 50-day simple moving average of $1,098.24 and a 200-day simple moving average of $993.40.

Graham (NYSE:GHC) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $14.33 EPS for the quarter, beating the consensus estimate of $10.15 by $4.18. Graham had a net margin of 14.10% and a return on equity of 6.79%. The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.18 billion.

Graham Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Thursday, October 16th will be given a $1.80 dividend. The ex-dividend date of this dividend is Thursday, October 16th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.7%. Graham’s payout ratio is presently 4.62%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “buy (a-)” rating on shares of Graham in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Strong Buy”.

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.