334 Shares in Graham Holdings (NYSE:GHC) Bought by Western Wealth Management LLC

Western Wealth Management LLC bought a new position in shares of Graham Holdings (NYSE:GHC) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 334 shares of the company’s stock, valued at approximately $233,000.

Several other hedge funds have also recently made changes to their positions in the business. Janiczek Wealth Management LLC lifted its stake in shares of Graham by 10.9% in the 4th quarter. Janiczek Wealth Management LLC now owns 286 shares of the company’s stock valued at $199,000 after purchasing an additional 28 shares during the period. Folger Nolan Fleming Douglas Capital Management Inc. acquired a new position in Graham during the 3rd quarter worth approximately $202,000. Johnson Investment Counsel Inc. acquired a new position in Graham during the 3rd quarter worth approximately $248,000. Cerity Partners LLC acquired a new position in Graham during the 4th quarter worth approximately $261,000. Finally, Janney Montgomery Scott LLC raised its stake in Graham by 6.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 461 shares of the company’s stock worth $269,000 after buying an additional 28 shares during the period. 62.54% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com lowered Graham from a “buy” rating to a “hold” rating in a report on Tuesday, April 16th.

Insider Buying and Selling at Graham

In other Graham news, Director Katharine Weymouth sold 556 shares of the stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $712.99, for a total transaction of $396,422.44. Following the sale, the director now owns 1,993 shares in the company, valued at $1,420,989.07. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 32.30% of the stock is owned by corporate insiders.

Graham Stock Performance

GHC stock opened at $701.11 on Tuesday. The firm has a market cap of $3.13 billion, a PE ratio of 16.13 and a beta of 1.11. The company has a quick ratio of 1.26, a current ratio of 1.50 and a debt-to-equity ratio of 0.19. The business has a 50 day moving average of $726.33 and a 200-day moving average of $678.96. Graham Holdings has a 12-month low of $551.36 and a 12-month high of $771.05.

Graham (NYSE:GHC) last released its earnings results on Friday, February 23rd. The company reported $10.94 earnings per share (EPS) for the quarter. Graham had a return on equity of 5.23% and a net margin of 4.65%. The company had revenue of $1.17 billion during the quarter.

Graham Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Thursday, April 18th will be issued a dividend of $1.72 per share. This represents a $6.88 annualized dividend and a yield of 0.98%. The ex-dividend date of this dividend is Wednesday, April 17th. Graham’s dividend payout ratio (DPR) is 15.83%.

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.