309 Shares in Graham Holdings Company $GHC Purchased by Verus Capital Partners LLC

Verus Capital Partners LLC bought a new stake in Graham Holdings Company (NYSE:GHC) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 309 shares of the company’s stock, valued at approximately $292,000.

Several other institutional investors have also modified their holdings of the company. AQR Capital Management LLC raised its holdings in Graham by 50.4% during the first quarter. AQR Capital Management LLC now owns 58,729 shares of the company’s stock worth $55,851,000 after purchasing an additional 19,690 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Graham by 1.5% in the second quarter. Bank of New York Mellon Corp now owns 43,265 shares of the company’s stock valued at $40,936,000 after buying an additional 626 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of Graham by 0.4% in the 1st quarter. Raymond James Financial Inc. now owns 30,838 shares of the company’s stock worth $29,631,000 after buying an additional 131 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Graham by 5.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 27,167 shares of the company’s stock valued at $26,104,000 after acquiring an additional 1,448 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in Graham by 9.3% during the 1st quarter. Invesco Ltd. now owns 21,677 shares of the company’s stock valued at $20,829,000 after acquiring an additional 1,849 shares in the last quarter. Hedge funds and other institutional investors own 93.16% of the company’s stock.

Graham Stock Performance

Shares of GHC stock opened at $1,080.90 on Thursday. The firm has a market capitalization of $4.71 billion, a price-to-earnings ratio of 6.46 and a beta of 0.86. The company has a 50 day moving average price of $1,086.64 and a 200 day moving average price of $1,009.16. Graham Holdings Company has a one year low of $840.50 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.

Graham (NYSE:GHC) last released its quarterly earnings data on Wednesday, October 29th. The company reported $14.08 EPS for the quarter, topping analysts’ consensus estimates of $12.36 by $1.72. Graham had a return on equity of 6.34% and a net margin of 14.93%.The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.19 billion.

Graham Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Thursday, October 16th were given a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, October 16th. Graham’s dividend payout ratio is 4.30%.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Wall Street Zen upgraded Graham from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Weiss Ratings cut shares of Graham from a “buy (a-)” rating to a “buy (b)” rating in a research note on Saturday, October 25th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

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.