AMI Investment Management Inc. Has $2.80 Million Holdings in Graham Holdings Company $GHC

AMI Investment Management Inc. decreased its stake in Graham Holdings Company (NYSE:GHC) by 3.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,961 shares of the company’s stock after selling 110 shares during the quarter. AMI Investment Management Inc. owned approximately 0.07% of Graham worth $2,802,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of GHC. Spire Wealth Management boosted its stake in Graham by 333.3% in the 1st quarter. Spire Wealth Management now owns 26 shares of the company’s stock valued at $25,000 after buying an additional 20 shares in the last quarter. UMB Bank n.a. boosted its stake in Graham by 68.8% in the 2nd quarter. UMB Bank n.a. now owns 27 shares of the company’s stock valued at $26,000 after buying an additional 11 shares in the last quarter. GAMMA Investing LLC boosted its stake in Graham by 55.0% in the 2nd quarter. GAMMA Investing LLC now owns 31 shares of the company’s stock valued at $29,000 after buying an additional 11 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in Graham by 216.7% in the first quarter. Nisa Investment Advisors LLC now owns 38 shares of the company’s stock worth $37,000 after purchasing an additional 26 shares in the last quarter. Finally, CWM LLC boosted its stake in Graham by 100.0% in the first quarter. CWM LLC now owns 42 shares of the company’s stock worth $40,000 after purchasing an additional 21 shares in the last quarter. Institutional investors and hedge funds own 93.16% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “buy (a-)” rating on shares of Graham in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Strong Buy”.

Graham Trading Down 0.6%

GHC stock opened at $1,090.19 on Thursday. The company has a market cap of $4.75 billion, a P/E ratio of 7.00 and a beta of 0.88. Graham Holdings Company has a twelve month low of $770.06 and a twelve month high of $1,200.00. The company has a quick ratio of 1.10, a current ratio of 1.27 and a debt-to-equity ratio of 0.07. The business has a fifty day moving average of $1,095.53 and a 200-day moving average of $992.06.

Graham (NYSE:GHC) last released its earnings results on Wednesday, July 30th. The company reported $14.33 earnings per share for the quarter, topping analysts’ consensus estimates of $10.15 by $4.18. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.18 billion. Graham had a return on equity of 6.79% and a net margin of 14.10%.

Graham Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Thursday, October 16th will be given a dividend of $1.80 per share. The ex-dividend date is Thursday, October 16th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.7%. Graham’s payout ratio is presently 4.62%.

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.