Western Wealth Management LLC Makes New Investment in Graham Holdings (NYSE:GHC)

Western Wealth Management LLC acquired a new position in Graham Holdings (NYSE:GHC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 334 shares of the company’s stock, valued at approximately $233,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Janiczek Wealth Management LLC boosted its stake in Graham by 10.9% in the fourth quarter. Janiczek Wealth Management LLC now owns 286 shares of the company’s stock worth $199,000 after purchasing an additional 28 shares in the last quarter. Folger Nolan Fleming Douglas Capital Management Inc. bought a new stake in shares of Graham during the third quarter worth $202,000. Johnson Investment Counsel Inc. bought a new stake in shares of Graham during the third quarter worth $248,000. Cerity Partners LLC bought a new stake in shares of Graham during the fourth quarter worth $261,000. Finally, Janney Montgomery Scott LLC raised its position in shares of Graham by 6.5% during the third quarter. Janney Montgomery Scott LLC now owns 461 shares of the company’s stock worth $269,000 after acquiring an additional 28 shares during the last quarter. Institutional investors and hedge funds own 62.54% of the company’s stock.

Insider Activity at Graham

In other Graham news, Director Katharine Weymouth sold 556 shares of the business’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $712.99, for a total value of $396,422.44. Following the completion of the transaction, the director now directly owns 1,993 shares of the company’s stock, valued at $1,420,989.07. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 32.30% of the stock is currently owned by corporate insiders.

Graham Trading Down 0.5 %

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

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

Graham Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 9th. Investors of record on Thursday, April 18th will be issued a $1.72 dividend. The ex-dividend date is Wednesday, April 17th. This represents a $6.88 dividend on an annualized basis and a yield of 0.98%. Graham’s dividend payout ratio is presently 15.83%.

Wall Street Analysts Forecast Growth

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

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.