Mount Yale Investment Advisors LLC Acquires Shares of 230 Graham Holdings (NYSE:GHC)

Mount Yale Investment Advisors LLC bought a new position in Graham Holdings (NYSE:GHC) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 230 shares of the company’s stock, valued at approximately $189,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GHC. Vanguard Group Inc. increased its holdings in Graham by 5.9% in the 1st quarter. Vanguard Group Inc. now owns 371,235 shares of the company’s stock valued at $284,990,000 after acquiring an additional 20,629 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of Graham by 31.0% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 30,332 shares of the company’s stock worth $21,219,000 after buying an additional 7,179 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Graham by 80.3% in the second quarter. American Century Companies Inc. now owns 20,109 shares of the company’s stock worth $14,067,000 after buying an additional 8,953 shares in the last quarter. Gamco Investors INC. ET AL boosted its stake in Graham by 1.0% during the first quarter. Gamco Investors INC. ET AL now owns 18,091 shares of the company’s stock valued at $13,888,000 after buying an additional 180 shares during the last quarter. Finally, Principal Financial Group Inc. grew its holdings in Graham by 1.5% during the 1st quarter. Principal Financial Group Inc. now owns 13,579 shares of the company’s stock valued at $10,424,000 after buying an additional 206 shares in the last quarter. Institutional investors own 62.54% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Graham from a “buy” rating to a “hold” rating in a research report on Friday, October 4th.

Graham Stock Performance

Shares of NYSE:GHC opened at $778.58 on Tuesday. The firm has a fifty day simple moving average of $786.35 and a two-hundred day simple moving average of $751.80. Graham Holdings has a 52 week low of $563.63 and a 52 week high of $830.56. The company has a quick ratio of 1.34, a current ratio of 1.61 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $3.43 billion, a P/E ratio of 25.99 and a beta of 1.11.

Graham (NYSE:GHC) last released its quarterly earnings results on Wednesday, July 31st. The company reported $12.70 EPS for the quarter. The company 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 business also recently declared a quarterly dividend, which will be paid on Thursday, November 7th. Investors of record on Thursday, October 17th will be given a $1.72 dividend. The ex-dividend date is Thursday, October 17th. This represents a $6.88 dividend on an annualized basis and a yield of 0.88%. Graham’s dividend payout ratio is presently 23.22%.

Graham 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.