AQR Capital Management LLC Sells 2,277 Shares of Graham Holdings (NYSE:GHC)

AQR Capital Management LLC decreased its position in shares of Graham Holdings (NYSE:GHC) by 5.5% in the 4th quarter, Holdings Channel reports. The fund owned 39,039 shares of the company’s stock after selling 2,277 shares during the quarter. AQR Capital Management LLC’s holdings in Graham were worth $33,666,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Northern Trust Corp raised its position in shares of Graham by 12.6% in the fourth quarter. Northern Trust Corp now owns 44,473 shares of the company’s stock valued at $38,777,000 after purchasing an additional 4,988 shares during the period. Tudor Investment Corp ET AL bought a new stake in Graham during the 4th quarter valued at $809,000. Susquehanna Fundamental Investments LLC purchased a new stake in shares of Graham during the fourth quarter worth $286,000. Nebula Research & Development LLC bought a new position in shares of Graham in the fourth quarter worth $295,000. Finally, Price T Rowe Associates Inc. MD grew its position in shares of Graham by 8.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,354 shares of the company’s stock valued at $2,053,000 after purchasing an additional 191 shares in the last quarter. Hedge funds and other institutional investors own 93.16% of the company’s stock.

Graham Stock Performance

NYSE GHC opened at $947.72 on Friday. The company’s 50 day simple moving average is $934.37 and its two-hundred day simple moving average is $912.70. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34. Graham Holdings has a 1 year low of $683.00 and a 1 year high of $1,003.53. The stock has a market capitalization of $4.11 billion, a PE ratio of 18.56 and a beta of 0.92.

Graham (NYSE:GHC) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $11.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.29 by $0.35. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.20 billion. Graham had a return on equity of 5.79% and a net margin of 4.86%.

Graham Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 17th will be given a dividend of $1.80 per share. The ex-dividend date is Thursday, April 17th. This represents a $7.20 annualized dividend and a yield of 0.76%. Graham’s payout ratio is presently 5.05%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Graham from a “strong-buy” rating to a “buy” rating in a report on Wednesday, April 23rd.

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.