Autumn Glory Partners LLC Boosts Holdings in Graham Holdings (NYSE:GHC)

Autumn Glory Partners LLC raised its holdings in shares of Graham Holdings (NYSE:GHC) by 100.0% during the third quarter, HoldingsChannel.com reports. The firm owned 4,342 shares of the company’s stock after buying an additional 2,171 shares during the period. Graham accounts for 1.4% of Autumn Glory Partners LLC’s portfolio, making the stock its 15th biggest position. Autumn Glory Partners LLC’s holdings in Graham were worth $3,568,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Innealta Capital LLC acquired a new position in Graham during the 2nd quarter valued at about $35,000. Whittier Trust Co. purchased a new stake in shares of Graham during the second quarter worth about $70,000. Headlands Technologies LLC acquired a new position in shares of Graham during the second quarter valued at about $76,000. SG Americas Securities LLC purchased a new position in shares of Graham in the 3rd quarter valued at approximately $168,000. Finally, Gladius Capital Management LP boosted its stake in Graham by 188.2% in the 2nd quarter. Gladius Capital Management LP now owns 245 shares of the company’s stock worth $171,000 after purchasing an additional 160 shares in the last quarter. Hedge funds and other institutional investors own 62.54% of the company’s stock.

Graham Stock Performance

Shares of GHC stock opened at $778.58 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.61 and a quick ratio of 1.34. The business has a fifty day moving average of $786.35 and a 200 day moving average of $751.80. The firm has a market capitalization of $3.43 billion, a price-to-earnings ratio of 26.28 and a beta of 1.11. Graham Holdings has a 1 year low of $563.63 and a 1 year high of $830.56.

Graham (NYSE:GHC) last released its earnings results on Wednesday, July 31st. The company reported $12.70 EPS for the quarter. The firm had revenue of $1.19 billion during the quarter. Graham had a return on equity of 5.22% and a net margin of 2.89%.

Graham Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 7th. Stockholders of record on Thursday, October 17th will be issued a $1.72 dividend. This represents a $6.88 annualized dividend and a dividend yield of 0.88%. The ex-dividend date is Thursday, October 17th. Graham’s dividend payout ratio (DPR) is currently 23.22%.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Graham from a “buy” rating to a “hold” rating in a research note on Friday, October 4th.

About Graham

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.