Graham Holdings Company $GHC Position Raised by Eagle Strategies LLC

Eagle Strategies LLC increased its stake in Graham Holdings Company (NYSE:GHC) by 15.9% during the third quarter, according to its most recent filing with the SEC. The fund owned 3,681 shares of the company’s stock after buying an additional 504 shares during the quarter. Eagle Strategies LLC’s holdings in Graham were worth $4,177,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Baker Ellis Asset Management LLC increased its holdings in Graham by 5.5% during the third quarter. Baker Ellis Asset Management LLC now owns 958 shares of the company’s stock worth $1,087,000 after buying an additional 50 shares during the last quarter. GAMMA Investing LLC boosted its stake in Graham by 36.4% in the third quarter. GAMMA Investing LLC now owns 45 shares of the company’s stock valued at $51,000 after acquiring an additional 12 shares during the last quarter. QRG Capital Management Inc. boosted its stake in Graham by 16.8% in the second quarter. QRG Capital Management Inc. now owns 920 shares of the company’s stock valued at $1,050,000 after acquiring an additional 132 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in shares of Graham by 17.6% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 500 shares of the company’s stock valued at $571,000 after acquiring an additional 75 shares during the period. Finally, Tidal Investments LLC bought a new stake in shares of Graham in the 2nd quarter worth approximately $716,000. Institutional investors own 93.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on GHC shares. Wall Street Zen upgraded Graham from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Weiss Ratings raised Graham from a “buy (b+)” rating to a “buy (a-)” rating in a report on Friday, September 25th. Finally, Oppenheimer reissued an “outperform” rating on shares of Graham in a research report on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. Based on data from MarketBeat, Graham currently has an average rating of “Strong Buy”.

Graham Trading Up 0.3%

Shares of GHC opened at $1,202.72 on Friday. Graham Holdings Company has a fifty-two week low of $947.00 and a fifty-two week high of $1,262.34. The business has a 50-day moving average of $1,155.81 and a 200 day moving average of $1,145.25. The firm has a market cap of $5.09 billion, a P/E ratio of 19.40 and a beta of 0.70. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.59 and a current ratio of 1.86.

Graham (NYSE:GHC) last released its quarterly earnings data on Thursday, July 30th. The company reported $19.46 EPS for the quarter, beating the consensus estimate of $14.83 by $4.63. The business had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.28 billion. Graham had a net margin of 10.69% and a return on equity of 5.73%.

Graham Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Thursday, October 15th will be given a $1.88 dividend. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $7.52 annualized dividend and a dividend yield of 0.6%. Graham’s payout ratio is 6.06%.

Graham Company Profile

Graham Holdings Company (NYSE:GHC) is a diversified education and media company formerly known as The Washington Post Company. The company changed its name in 2013 after selling The Washington Post newspaper to an entity controlled by Jeff Bezos. Today, Graham Holdings operates through a range of businesses in education, media, health care and other industries.

Its largest operating business is Kaplan, which provides educational services, professional training, test preparation, higher education programs and learning products to students, institutions and businesses.