Graham Holdings (NYSE:GHC) Shares Sold by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. trimmed its holdings in shares of Graham Holdings (NYSE:GHC) by 3.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,157 shares of the company’s stock after selling 1,049 shares during the period. Goldman Sachs Group Inc. owned about 0.60% of Graham worth $18,916,000 at the end of the most recent reporting period.

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

Insider Transactions at Graham

In related news, Director Anne M. Mulcahy purchased 135 shares of Graham stock in a transaction dated Tuesday, May 28th. The shares were acquired at an average price of $745.07 per share, with a total value of $100,584.45. Following the completion of the transaction, the director now owns 662 shares of the company’s stock, valued at approximately $493,236.34. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 20.50% of the company’s stock.

Analysts Set New Price Targets

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 1.1 %

Shares of NYSE GHC opened at $699.76 on Thursday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.31 and a current ratio of 1.57. Graham Holdings has a 1 year low of $551.36 and a 1 year high of $778.84. The stock’s 50-day simple moving average is $729.96 and its 200-day simple moving average is $719.04. The firm has a market cap of $3.11 billion, a price-to-earnings ratio of 11.60 and a beta of 1.11.

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

Graham Dividend Announcement

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 issued a dividend of $1.72 per share. This represents a $6.88 annualized dividend and a yield of 0.98%. The ex-dividend date is Thursday, July 18th. Graham’s dividend payout ratio is currently 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.