Martingale Asset Management L P Lowers Stock Holdings in Graham Holdings (NYSE:GHC)

Martingale Asset Management L P trimmed its stake in shares of Graham Holdings (NYSE:GHC) by 4.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,945 shares of the company’s stock after selling 126 shares during the quarter. Martingale Asset Management L P owned about 0.06% of Graham worth $1,657,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the company. Jacobi Capital Management LLC lifted its holdings in shares of Graham by 57.1% in the 4th quarter. Jacobi Capital Management LLC now owns 55 shares of the company’s stock valued at $29,000 after buying an additional 20 shares during the period. American International Group Inc. lifted its position in shares of Graham by 0.3% during the 1st quarter. American International Group Inc. now owns 7,317 shares of the company’s stock valued at $4,115,000 after acquiring an additional 25 shares during the period. JJJ Advisors Inc. boosted its stake in shares of Graham by 38.8% during the 1st quarter. JJJ Advisors Inc. now owns 111 shares of the company’s stock worth $62,000 after acquiring an additional 31 shares in the last quarter. O Shares Investment Advisers LLC increased its stake in Graham by 2.2% in the 1st quarter. O Shares Investment Advisers LLC now owns 1,537 shares of the company’s stock valued at $864,000 after purchasing an additional 33 shares in the last quarter. Finally, TBH Global Asset Management LLC raised its holdings in Graham by 9.6% during the first quarter. TBH Global Asset Management LLC now owns 570 shares of the company’s stock worth $321,000 after purchasing an additional 50 shares during the last quarter. 62.23% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE GHC opened at $642.45 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.84 and a current ratio of 1.98. The company has a 50-day simple moving average of $651.87. Graham Holdings has a 52 week low of $313.10 and a 52 week high of $685.00. The firm has a market cap of $3.21 billion, a PE ratio of 7.25 and a beta of 1.17.

Graham (NYSE:GHC) last announced its earnings results on Thursday, May 6th. The company reported $9.10 EPS for the quarter, beating analysts’ consensus estimates of $3.95 by $5.15. The firm had revenue of $712.46 million for the quarter. Graham had a return on equity of 6.05% and a net margin of 15.55%.

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 5th. Shareholders of record on Friday, July 16th will be paid a dividend of $1.51 per share. The ex-dividend date of this dividend is Thursday, July 15th. This represents a $6.04 annualized dividend and a dividend yield of 0.94%.

Graham Profile

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company worldwide. It provides test preparation services and materials; data science education, and training and healthcare simulation services; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to Purdue University Global.

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Institutional Ownership by Quarter for Graham (NYSE:GHC)

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