Vanguard Group Inc. Sells 3,499 Shares of Graham Holdings (NYSE:GHC)

Vanguard Group Inc. reduced its position in Graham Holdings (NYSE:GHC) by 1.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 350,606 shares of the company’s stock after selling 3,499 shares during the quarter. Vanguard Group Inc. owned about 7.86% of Graham worth $244,204,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Quest Partners LLC bought a new position in Graham in the fourth quarter valued at approximately $73,000. Principal Securities Inc. acquired a new position in shares of Graham during the 4th quarter worth $77,000. Signaturefd LLC lifted its position in shares of Graham by 26.2% during the 4th quarter. Signaturefd LLC now owns 260 shares of the company’s stock worth $181,000 after buying an additional 54 shares during the last quarter. Janiczek Wealth Management LLC boosted its stake in Graham by 10.9% in the fourth quarter. Janiczek Wealth Management LLC now owns 286 shares of the company’s stock valued at $199,000 after buying an additional 28 shares in the last quarter. Finally, First United Bank & Trust bought a new position in Graham in the fourth quarter valued at about $224,000. 62.54% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Graham news, Director Anne M. Mulcahy purchased 135 shares of the business’s stock in a transaction dated Tuesday, May 28th. The shares were bought at an average price of $745.07 per share, for a total transaction of $100,584.45. Following the completion of the acquisition, the director now owns 662 shares in the company, valued at $493,236.34. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 20.50% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Graham from a “hold” rating to a “buy” rating in a research note on Wednesday, June 12th.

Graham Stock Up 0.6 %

Shares of NYSE:GHC opened at $699.55 on Monday. Graham Holdings has a 52-week low of $551.36 and a 52-week high of $778.84. The company has a market capitalization of $3.11 billion, a PE ratio of 11.60 and a beta of 1.11. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.31 and a current ratio of 1.57. The company has a fifty day moving average of $729.81 and a 200-day moving average of $720.10.

Graham (NYSE:GHC) last issued its earnings results on Wednesday, May 1st. The company reported $11.24 earnings per share (EPS) for the quarter. The business had revenue of $1.15 billion during the quarter. Graham had a return on equity of 5.39% and a net margin of 6.12%.

Graham Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 8th. Investors of record on Thursday, July 18th will be given a dividend of $1.72 per share. The ex-dividend date of this dividend is Thursday, July 18th. This represents a $6.88 annualized dividend and a yield of 0.98%. Graham’s dividend payout ratio is presently 11.41%.

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.