Dimensional Fund Advisors LP increased its position in shares of Graham Holdings Co (NYSE:GHC) by 4.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 318,287 shares of the company’s stock after purchasing an additional 12,844 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.06% of Graham worth $203,890,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Parallel Advisors LLC increased its position in shares of Graham by 12.3% during the fourth quarter. Parallel Advisors LLC now owns 164 shares of the company’s stock worth $105,000 after purchasing an additional 18 shares in the last quarter. Legal & General Group Plc increased its position in shares of Graham by 0.3% during the third quarter. Legal & General Group Plc now owns 6,227 shares of the company’s stock worth $3,608,000 after purchasing an additional 20 shares in the last quarter. State Board of Administration of Florida Retirement System increased its position in shares of Graham by 0.8% during the fourth quarter. State Board of Administration of Florida Retirement System now owns 2,818 shares of the company’s stock worth $1,805,000 after purchasing an additional 21 shares in the last quarter. United Services Automobile Association increased its position in shares of Graham by 4.5% during the fourth quarter. United Services Automobile Association now owns 946 shares of the company’s stock worth $606,000 after purchasing an additional 41 shares in the last quarter. Finally, Penserra Capital Management LLC purchased a new stake in shares of Graham during the fourth quarter worth approximately $28,000. Hedge funds and other institutional investors own 70.06% of the company’s stock.
Separately, ValuEngine upgraded Graham from a “hold” rating to a “buy” rating in a research report on Friday, March 1st.
Graham (NYSE:GHC) last released its quarterly earnings data on Wednesday, May 1st. The company reported $7.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of $7.13 by $0.05. The company had revenue of $692.20 million for the quarter. Graham had a return on equity of 8.49% and a net margin of 11.36%.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 8th. Shareholders of record on Thursday, July 18th will be paid a dividend of $1.39 per share. This represents a $5.56 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend is Wednesday, July 17th.
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Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company worldwide. It provides test preparation services and materials, as well as data science education, and training and healthcare simulation services; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to Purdue University Global.
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