Verus Capital Partners LLC Buys New Stake in Graham Holdings Company $GHC

Verus Capital Partners LLC purchased a new position in shares of Graham Holdings Company (NYSE:GHC) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 309 shares of the company’s stock, valued at approximately $292,000.

A number of other hedge funds have also made changes to their positions in GHC. UMB Bank n.a. lifted its stake in Graham by 68.8% during the second quarter. UMB Bank n.a. now owns 27 shares of the company’s stock worth $26,000 after purchasing an additional 11 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Graham by 55.0% during the 2nd quarter. GAMMA Investing LLC now owns 31 shares of the company’s stock worth $29,000 after buying an additional 11 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of Graham by 216.7% in the 1st quarter. Nisa Investment Advisors LLC now owns 38 shares of the company’s stock valued at $37,000 after buying an additional 26 shares in the last quarter. CWM LLC grew its position in shares of Graham by 100.0% in the 1st quarter. CWM LLC now owns 42 shares of the company’s stock valued at $40,000 after buying an additional 21 shares during the last quarter. Finally, Skandinaviska Enskilda Banken AB publ acquired a new stake in Graham during the 1st quarter worth $40,000. Hedge funds and other institutional investors own 93.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Wall Street Zen upgraded shares of Graham from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Weiss Ratings lowered Graham from a “buy (a-)” rating to a “buy (b)” rating in a research report on Saturday, October 25th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy”.

Graham Price Performance

Shares of NYSE GHC opened at $1,080.90 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. The company has a market cap of $4.71 billion, a PE ratio of 6.46 and a beta of 0.86. The stock has a fifty day moving average price of $1,086.64 and a 200 day moving average price of $1,009.16. Graham Holdings Company has a 1-year low of $840.50 and a 1-year high of $1,200.00.

Graham (NYSE:GHC) last issued its earnings results on Wednesday, October 29th. The company reported $14.08 earnings per share for the quarter, beating the consensus estimate of $12.36 by $1.72. The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.19 billion. Graham had a net margin of 14.93% and a return on equity of 6.34%.

Graham Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Stockholders of record on Thursday, October 16th were issued a $1.80 dividend. This represents a $7.20 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, October 16th. Graham’s dividend payout ratio (DPR) is currently 4.30%.

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.