First Trust Advisors LP Has $97.80 Million Stock Position in Graham Holdings Company $GHC

First Trust Advisors LP grew its position in Graham Holdings Company (NYSE:GHCFree Report) by 8.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 92,505 shares of the company’s stock after purchasing an additional 7,582 shares during the period. First Trust Advisors LP’s holdings in Graham were worth $97,802,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Graham by 3.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,307 shares of the company’s stock valued at $2,217,000 after acquiring an additional 69 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Graham by 5.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 27,167 shares of the company’s stock worth $26,104,000 after purchasing an additional 1,448 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Graham by 3.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,765 shares of the company’s stock valued at $6,500,000 after purchasing an additional 214 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of Graham by 39.8% in the 1st quarter. Jane Street Group LLC now owns 8,250 shares of the company’s stock valued at $7,927,000 after purchasing an additional 2,350 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Graham by 35.2% in the 2nd quarter. Invesco Ltd. now owns 29,305 shares of the company’s stock valued at $27,728,000 after purchasing an additional 7,628 shares during the last quarter. 93.16% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on GHC shares. Weiss Ratings restated a “buy (b)” rating on shares of Graham in a report on Tuesday, May 26th. Oppenheimer reiterated an “outperform” rating on shares of Graham in a research note on Thursday, June 25th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Check Out Our Latest Analysis on GHC

Graham Price Performance

NYSE GHC opened at $1,153.35 on Friday. The stock has a 50-day simple moving average of $1,143.53 and a 200 day simple moving average of $1,119.67. Graham Holdings Company has a twelve month low of $908.39 and a twelve month high of $1,224.76. The stock has a market capitalization of $4.97 billion, a PE ratio of 17.07 and a beta of 0.72. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.54 and a current ratio of 1.79.

Graham (NYSE:GHCGet Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $16.79 EPS for the quarter, topping the consensus estimate of $13.11 by $3.68. Graham had a return on equity of 5.40% and a net margin of 5.97%.The company had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.26 billion.

Graham Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 6th. Investors of record on Thursday, July 16th will be given a dividend of $1.88 per share. The ex-dividend date of this dividend is Thursday, July 16th. This represents a $7.52 dividend on an annualized basis and a yield of 0.7%. Graham’s payout ratio is 11.13%.

Graham Company Profile

(Free Report)

Graham Corporation is a U.S.-based industrial equipment manufacturer specializing in the design and production of vacuum and heat transfer systems. The company’s core offerings include vacuum pumps, exhausters, and energy recovery turbines, as well as steam surface condensers and specialized heat exchangers. These products are engineered to support critical processes in industries that require controlled environments and efficient thermal management.

In addition to its standard product lines, Graham Corporation provides aftermarket services such as equipment installation, field maintenance, performance testing, and spare parts supply.

Read More

Want to see what other hedge funds are holding GHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Graham Holdings Company (NYSE:GHCFree Report).

Institutional Ownership by Quarter for Graham (NYSE:GHC)

Receive News & Ratings for Graham Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graham and related companies with MarketBeat.com's FREE daily email newsletter.