Dimensional Fund Advisors LP Raises Position in Graham Holdings Co (GHC)

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.

Shares of GHC opened at $707.53 on Friday. The company has a market cap of $3.81 billion, a P/E ratio of 15.38 and a beta of 0.43. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.78 and a quick ratio of 1.65. Graham Holdings Co has a one year low of $537.40 and a one year high of $752.74.

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.

TRADEMARK VIOLATION WARNING: This piece was published by Baseball Daily News and is the sole property of of Baseball Daily News. If you are accessing this piece on another publication, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The correct version of this piece can be read at https://www.baseballdailydigest.com/news/2019/05/10/dimensional-fund-advisors-lp-raises-position-in-graham-holdings-co-ghc.html.

About Graham

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.

Recommended Story: What are gap-down stocks?

Want to see what other hedge funds are holding GHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Graham Holdings Co (NYSE:GHC).

Institutional Ownership by Quarter for Graham (NYSE:GHC)

Receive News & Ratings for Graham Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graham and related companies with MarketBeat.com's FREE daily email newsletter.