Xponance Inc. Sells 49 Shares of Graham Holdings (NYSE:GHC)

Xponance Inc. lowered its stake in shares of Graham Holdings (NYSE:GHC) by 9.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 460 shares of the company’s stock after selling 49 shares during the quarter. Xponance Inc.’s holdings in Graham were worth $322,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of GHC. Norges Bank bought a new position in shares of Graham during the 4th quarter valued at approximately $18,160,000. GABELLI & Co INVESTMENT ADVISERS INC. increased its position in shares of Graham by 22.3% during the 4th quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 1,834 shares of the company’s stock valued at $1,277,000 after purchasing an additional 334 shares during the last quarter. Morningstar Investment Services LLC boosted its holdings in Graham by 107.0% during the 4th quarter. Morningstar Investment Services LLC now owns 4,789 shares of the company’s stock valued at $3,329,000 after acquiring an additional 2,475 shares during the period. Virtu Financial LLC purchased a new position in Graham during the 4th quarter valued at $297,000. Finally, Norman Fields Gottscho Capital Management LLC boosted its holdings in Graham by 31.8% during the 1st quarter. Norman Fields Gottscho Capital Management LLC now owns 1,119 shares of the company’s stock valued at $859,000 after acquiring an additional 270 shares during the period. Institutional investors own 62.54% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Graham from a “hold” rating to a “buy” rating in a report on Thursday, September 26th.

Graham Price Performance

GHC opened at $809.88 on Wednesday. The business has a fifty day moving average of $768.05 and a 200 day moving average of $744.55. Graham Holdings has a 52-week low of $563.39 and a 52-week high of $822.18. The company has a quick ratio of 1.34, a current ratio of 1.61 and a debt-to-equity ratio of 0.18. The stock has a market cap of $3.59 billion, a P/E ratio of 13.43 and a beta of 1.11.

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

Graham Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 7th. Shareholders of record on Thursday, October 17th will be issued a $1.72 dividend. This represents a $6.88 annualized dividend and a dividend yield of 0.85%. The ex-dividend date is Thursday, October 17th. Graham’s dividend payout ratio is 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.