Graham Holdings Company $GHC Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. trimmed its stake in shares of Graham Holdings Company (NYSE:GHC) by 65.6% during the fourth quarter, HoldingsChannel reports. The fund owned 694 shares of the company’s stock after selling 1,324 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Graham were worth $762,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Frazier Financial Advisors LLC acquired a new position in Graham in the third quarter worth about $36,000. Optiver Holding B.V. acquired a new stake in Graham during the third quarter valued at approximately $36,000. Quent Capital LLC acquired a new stake in Graham during the third quarter valued at approximately $49,000. Smartleaf Asset Management LLC raised its position in shares of Graham by 142.9% during the 3rd quarter. Smartleaf Asset Management LLC now owns 51 shares of the company’s stock valued at $60,000 after acquiring an additional 30 shares in the last quarter. Finally, Allworth Financial LP lifted its stake in Graham by 29.3% during the third quarter. Allworth Financial LP now owns 53 shares of the company’s stock worth $62,000 after purchasing an additional 12 shares during the last quarter. Institutional investors own 93.16% of the company’s stock.

Graham Stock Up 0.6%

GHC stock opened at $1,063.14 on Thursday. The firm’s 50-day simple moving average is $1,090.91 and its 200 day simple moving average is $1,091.81. The stock has a market cap of $4.64 billion, a PE ratio of 16.01 and a beta of 0.78. The company has a quick ratio of 1.53, a current ratio of 1.75 and a debt-to-equity ratio of 0.15. Graham Holdings Company has a fifty-two week low of $875.60 and a fifty-two week high of $1,224.76.

Graham (NYSE:GHC) last posted its earnings results on Wednesday, February 25th. The company reported $11.45 EPS for the quarter, missing the consensus estimate of $14.05 by ($2.60). The business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.30 billion. Graham had a net margin of 5.95% and a return on equity of 5.03%.

Graham Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 7th. Stockholders of record on Thursday, April 16th will be issued a dividend of $1.88 per share. This represents a $7.52 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, April 16th. Graham’s dividend payout ratio (DPR) is 11.33%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on GHC. Wall Street Zen downgraded shares of Graham from a “buy” rating to a “hold” rating in a report on Friday, January 23rd. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Graham in a report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy”.

Graham Profile

Graham Corporation is a U.S.-based industrial equipment manufacturer specializing in the design and production of vacuum and heat transfer systems. The company’s core offerings include vacuum pumps, exhausters, and energy recovery turbines, as well as steam surface condensers and specialized heat exchangers. These products are engineered to support critical processes in industries that require controlled environments and efficient thermal management.

In addition to its standard product lines, Graham Corporation provides aftermarket services such as equipment installation, field maintenance, performance testing, and spare parts supply.