Insight Inv LLC Sells 92 Shares of Graham Holdings Company $GHC

Insight Inv LLC decreased its position in shares of Graham Holdings Company (NYSE:GHC) by 3.4% in the 2nd quarter, Holdings Channel reports. The firm owned 2,626 shares of the company’s stock after selling 92 shares during the quarter. Graham accounts for about 1.7% of Insight Inv LLC’s portfolio, making the stock its 21st largest holding. Insight Inv LLC’s holdings in Graham were worth $2,485,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in GHC. Miracle Mile Advisors LLC raised its holdings in Graham by 3.2% during the 1st quarter. Miracle Mile Advisors LLC now owns 517 shares of the company’s stock worth $497,000 after purchasing an additional 16 shares during the last quarter. SG Americas Securities LLC raised its holdings in Graham by 44.9% during the 1st quarter. SG Americas Securities LLC now owns 852 shares of the company’s stock worth $819,000 after purchasing an additional 264 shares during the last quarter. Simon Quick Advisors LLC bought a new position in Graham during the 1st quarter worth approximately $205,000. Stock Yards Bank & Trust Co. bought a new position in Graham during the 1st quarter worth approximately $207,000. Finally, Janney Montgomery Scott LLC raised its holdings in Graham by 530.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 3,575 shares of the company’s stock worth $3,435,000 after purchasing an additional 3,008 shares during the last quarter. Institutional investors own 93.16% of the company’s stock.

Graham Stock Performance

Shares of GHC stock opened at $1,090.19 on Thursday. The company has a market cap of $4.75 billion, a price-to-earnings ratio of 7.00 and a beta of 0.88. Graham Holdings Company has a 52 week low of $770.06 and a 52 week 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 firm has a 50 day moving average of $1,095.53 and a 200-day moving average of $992.06.

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

Graham Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Thursday, October 16th will be given a $1.80 dividend. The ex-dividend date of this dividend is Thursday, October 16th. This represents a $7.20 annualized dividend and a yield of 0.7%. Graham’s dividend payout ratio (DPR) is presently 4.62%.

Wall Street Analyst Weigh In

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