Graham Holdings (NYSE:GHC) Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers increased its stake in shares of Graham Holdings (NYSE:GHC) by 7.2% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 7,578 shares of the company’s stock after acquiring an additional 508 shares during the period. Cetera Investment Advisers owned approximately 0.17% of Graham worth $5,301,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GHC. BNP Paribas Financial Markets lifted its position in shares of Graham by 69.2% during the first quarter. BNP Paribas Financial Markets now owns 1,824 shares of the company’s stock worth $1,400,000 after purchasing an additional 746 shares in the last quarter. Cetera Advisors LLC acquired a new position in Graham in the 1st quarter worth $5,256,000. Vanguard Group Inc. boosted its position in Graham by 5.9% in the 1st quarter. Vanguard Group Inc. now owns 371,235 shares of the company’s stock valued at $284,990,000 after buying an additional 20,629 shares during the last quarter. Tidal Investments LLC acquired a new stake in shares of Graham during the first quarter valued at about $857,000. Finally, Raymond James Financial Services Advisors Inc. increased its position in shares of Graham by 31.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 30,332 shares of the company’s stock worth $21,219,000 after acquiring an additional 7,179 shares during the last quarter. Hedge funds and other institutional investors own 62.54% of the company’s stock.

Graham Stock Up 1.3 %

Shares of NYSE:GHC opened at $806.52 on Wednesday. The firm has a market cap of $3.58 billion, a PE ratio of 13.37 and a beta of 1.11. The company has a fifty day simple moving average of $767.88 and a 200 day simple moving average of $747.77. The company has a current ratio of 1.61, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. Graham Holdings has a 12-month low of $563.39 and a 12-month high of $822.18.

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

Graham Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 7th. Stockholders of record on Thursday, October 17th will be given a $1.72 dividend. The ex-dividend date is Thursday, October 17th. This represents a $6.88 annualized dividend and a dividend yield of 0.85%. Graham’s payout ratio is 11.41%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Graham from a “buy” rating to a “hold” rating in a report on Friday, October 4th.

Graham 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.