Graham Holdings (NYSE:GHC) Shares Bought by Denali Advisors LLC

Denali Advisors LLC raised its holdings in Graham Holdings (NYSE:GHC) by 1,343.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,802 shares of the company’s stock after acquiring an additional 5,400 shares during the quarter. Graham accounts for about 1.3% of Denali Advisors LLC’s holdings, making the stock its 28th biggest position. Denali Advisors LLC owned about 0.13% of Graham worth $4,454,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Janiczek Wealth Management LLC raised its stake in shares of Graham by 8.4% during the 1st quarter. Janiczek Wealth Management LLC now owns 310 shares of the company’s stock worth $238,000 after buying an additional 24 shares during the last quarter. Norman Fields Gottscho Capital Management LLC raised its stake in shares of Graham by 31.8% during the 1st quarter. Norman Fields Gottscho Capital Management LLC now owns 1,119 shares of the company’s stock worth $859,000 after buying an additional 270 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of Graham during the 4th quarter worth $297,000. Morningstar Investment Services LLC raised its stake in shares of Graham by 107.0% during the 4th quarter. Morningstar Investment Services LLC now owns 4,789 shares of the company’s stock worth $3,329,000 after buying an additional 2,475 shares during the last quarter. Finally, GABELLI & Co INVESTMENT ADVISERS INC. raised its stake in shares of Graham by 22.3% during the 4th quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 1,834 shares of the company’s stock worth $1,277,000 after buying an additional 334 shares during the last quarter. Institutional investors and hedge funds own 62.54% of the company’s stock.

Insider Transactions at Graham

In other news, Director Anne M. Mulcahy bought 135 shares of the firm’s stock in a transaction dated Tuesday, May 28th. The stock was acquired at an average price of $745.07 per share, for a total transaction of $100,584.45. Following the acquisition, the director now owns 662 shares of the company’s stock, valued at $493,236.34. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 32.30% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Graham from a “hold” rating to a “buy” rating in a research note on Wednesday, June 12th.

Graham Price Performance

Graham stock traded up $0.55 during midday trading on Wednesday, reaching $702.00. 6,377 shares of the company were exchanged, compared to its average volume of 15,942. The company has a market capitalization of $3.12 billion, a price-to-earnings ratio of 11.63 and a beta of 1.12. The firm’s 50-day simple moving average is $729.32 and its 200-day simple moving average is $720.48. Graham Holdings has a 1 year low of $551.36 and a 1 year high of $778.84. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.31 and a current ratio of 1.57.

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

Graham Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 8th. Stockholders of record on Thursday, July 18th will be issued a dividend of $1.72 per share. This represents a $6.88 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date is Thursday, July 18th. Graham’s payout ratio is currently 11.41%.

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.