Graham Holdings (NYSE:GHC) Stock Holdings Boosted by American Century Companies Inc.

American Century Companies Inc. boosted its position in Graham Holdings (NYSE:GHC) by 80.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,109 shares of the company’s stock after purchasing an additional 8,953 shares during the quarter. American Century Companies Inc.’s holdings in Graham were worth $14,067,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. GABELLI & Co INVESTMENT ADVISERS INC. grew its stake in shares of Graham by 22.3% in the fourth quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 1,834 shares of the company’s stock worth $1,277,000 after purchasing an additional 334 shares in the last quarter. BNP Paribas Financial Markets increased its stake in Graham by 69.2% during the 1st quarter. BNP Paribas Financial Markets now owns 1,824 shares of the company’s stock valued at $1,400,000 after buying an additional 746 shares during the period. Cetera Advisors LLC bought a new stake in shares of Graham during the 1st quarter worth about $5,256,000. Vanguard Group Inc. lifted its stake in shares of Graham by 5.9% in the 1st quarter. Vanguard Group Inc. now owns 371,235 shares of the company’s stock worth $284,990,000 after acquiring an additional 20,629 shares during the period. Finally, Tidal Investments LLC bought a new position in shares of Graham in the first quarter valued at approximately $857,000. 62.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Graham from a “buy” rating to a “hold” rating in a report on Wednesday, September 4th.

Graham Stock Down 1.2 %

GHC opened at $795.85 on Friday. The stock’s fifty day moving average is $763.66 and its 200-day moving average is $740.72. Graham Holdings has a one year low of $563.39 and a one year high of $822.18. The company has a market capitalization of $3.53 billion, a PE ratio of 13.20 and a beta of 1.11. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.61.

Graham (NYSE:GHC) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $12.70 earnings per share for the quarter. The company had revenue of $1.19 billion during the quarter. Graham had a net margin of 2.89% and a return on equity of 5.22%.

Graham Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 7th. Investors of record on Thursday, October 17th will be issued a dividend of $1.72 per share. This represents a $6.88 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date of this dividend is Thursday, October 17th. Graham’s payout ratio is 11.41%.

About Graham

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.