Graham Holdings Company $GHC Shares Purchased by Inspire Investing LLC

Inspire Investing LLC increased its holdings in shares of Graham Holdings Company (NYSE:GHC) by 12.6% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 411 shares of the company’s stock after acquiring an additional 46 shares during the period. Inspire Investing LLC’s holdings in Graham were worth $389,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. UMB Bank n.a. increased its holdings 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 purchasing an additional 11 shares during the last quarter. GAMMA Investing LLC increased its holdings 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 purchasing an additional 11 shares during the last quarter. US Bancorp DE increased its holdings in Graham by 4.6% in the 1st quarter. US Bancorp DE now owns 389 shares of the company’s stock valued at $374,000 after purchasing an additional 17 shares during the last quarter. Spire Wealth Management increased its holdings 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 purchasing an additional 20 shares during the last quarter. Finally, DAVENPORT & Co LLC increased its holdings in Graham by 3.4% in the 1st quarter. DAVENPORT & Co LLC now owns 600 shares of the company’s stock valued at $577,000 after purchasing an additional 20 shares during the last quarter. 93.16% of the stock is owned by hedge funds and other institutional investors.

Graham Stock Performance

NYSE GHC opened at $963.86 on Thursday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.27 and a quick ratio of 1.10. Graham Holdings Company has a 1 year low of $770.06 and a 1 year high of $1,200.00. The company has a market capitalization of $4.20 billion, a PE ratio of 6.19 and a beta of 0.88. The company has a fifty day moving average of $1,098.19 and a two-hundred day moving average of $992.27.

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

Graham Announces Dividend

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

Analyst Ratings Changes

Separately, Weiss Ratings restated a “buy (a-)” rating on shares of Graham in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Strong 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.