Brandywine Global Investment Management LLC Sells 400 Shares of Graham Holdings Company $GHC

Brandywine Global Investment Management LLC trimmed its holdings in shares of Graham Holdings Company (NYSE:GHC) by 3.8% in the second quarter, HoldingsChannel reports. The firm owned 10,072 shares of the company’s stock after selling 400 shares during the period. Brandywine Global Investment Management LLC’s holdings in Graham were worth $9,530,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. AQR Capital Management LLC increased its stake in shares of Graham by 50.4% in the first quarter. AQR Capital Management LLC now owns 58,729 shares of the company’s stock valued at $55,851,000 after buying an additional 19,690 shares in the last quarter. Hennessy Advisors Inc. acquired a new stake in Graham in the 2nd quarter valued at about $10,206,000. Nuveen LLC acquired a new stake in Graham in the 1st quarter valued at about $8,351,000. Algert Global LLC raised its stake in shares of Graham by 119.8% in the first quarter. Algert Global LLC now owns 7,705 shares of the company’s stock worth $7,403,000 after acquiring an additional 4,199 shares during the last quarter. Finally, Hussman Strategic Advisors Inc. acquired a new position in shares of Graham during the second quarter worth approximately $2,980,000. Institutional investors own 93.16% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Graham from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Weiss Ratings reissued a “buy (b+)” rating on shares of Graham in a research note on Wednesday. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy”.

Graham Trading Up 2.9%

Shares of NYSE GHC opened at $1,080.87 on Friday. Graham Holdings Company has a fifty-two week low of $840.50 and a fifty-two week high of $1,200.00. The firm has a market capitalization of $4.71 billion, a P/E ratio of 6.46 and a beta of 0.86. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.27 and a quick ratio of 1.10. The company’s 50 day simple moving average is $1,074.82 and its 200 day simple moving average is $1,015.41.

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

Graham Dividend Announcement

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

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.