Graham Holdings Company $GHC Stock Acquired by Eagle Strategies LLC

Eagle Strategies LLC raised its stake in shares of Graham Holdings Company (NYSE:GHC) by 15.9% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 3,681 shares of the company’s stock after purchasing an additional 504 shares during the period. Eagle Strategies LLC owned approximately 0.09% of Graham worth $4,177,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Baron Wealth Management LLC raised its stake in shares of Graham by 5.1% in the first quarter. Baron Wealth Management LLC now owns 208 shares of the company’s stock worth $220,000 after purchasing an additional 10 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of Graham by 4.7% in the first quarter. Sanctuary Advisors LLC now owns 224 shares of the company’s stock valued at $237,000 after purchasing an additional 10 shares in the last quarter. Atticus Wealth Management LLC boosted its position in shares of Graham by 2.3% during the second quarter. Atticus Wealth Management LLC now owns 438 shares of the company’s stock valued at $500,000 after buying an additional 10 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Graham by 36.4% during the third quarter. GAMMA Investing LLC now owns 45 shares of the company’s stock valued at $51,000 after buying an additional 12 shares during the last quarter. Finally, Versant Capital Management Inc grew its holdings in Graham by 65.0% during the second quarter. Versant Capital Management Inc now owns 33 shares of the company’s stock worth $38,000 after buying an additional 13 shares in the last quarter. 93.16% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Graham Trading Up 0.3%

Shares of GHC stock opened at $1,202.72 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.59 and a current ratio of 1.86. The company has a market capitalization of $5.09 billion, a price-to-earnings ratio of 19.40 and a beta of 0.70. Graham Holdings Company has a 52-week low of $947.00 and a 52-week high of $1,262.34. The company has a 50-day simple moving average of $1,155.81 and a two-hundred day simple moving average of $1,145.25.

Graham (NYSE:GHC) last posted its earnings results on Thursday, July 30th. The company reported $19.46 EPS for the quarter, topping the consensus estimate of $14.83 by $4.63. Graham had a net margin of 10.69% and a return on equity of 5.73%. The firm had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.28 billion.

Graham Dividend Announcement

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