Charles Schwab Investment Management Inc. Buys 29 Shares of Graham Holdings (NYSE:GHC)

Charles Schwab Investment Management Inc. increased its holdings in shares of Graham Holdings (NYSE:GHC) by 0.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 56,293 shares of the company’s stock after purchasing an additional 29 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.30% of Graham worth $46,257,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of GHC. Covestor Ltd lifted its position in shares of Graham by 8.4% in the third quarter. Covestor Ltd now owns 155 shares of the company’s stock valued at $128,000 after buying an additional 12 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its position in shares of Graham by 3.5% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 447 shares of the company’s stock valued at $313,000 after buying an additional 15 shares in the last quarter. Truist Financial Corp grew its holdings in shares of Graham by 1.1% during the 2nd quarter. Truist Financial Corp now owns 1,982 shares of the company’s stock worth $1,387,000 after purchasing an additional 21 shares in the last quarter. Insight Inv LLC grew its stake in Graham by 0.8% during the second quarter. Insight Inv LLC now owns 2,629 shares of the company’s stock worth $1,839,000 after buying an additional 22 shares in the last quarter. Finally, QRG Capital Management Inc. increased its stake in Graham by 4.1% in the second quarter. QRG Capital Management Inc. now owns 613 shares of the company’s stock valued at $429,000 after acquiring an additional 24 shares during the last quarter. Institutional investors own 62.54% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Graham from a “hold” rating to a “buy” rating in a research note on Monday, November 4th.

Graham Price Performance

GHC stock opened at $931.12 on Monday. The company has a market capitalization of $4.03 billion, a P/E ratio of 18.23 and a beta of 1.11. Graham Holdings has a 52-week low of $621.20 and a 52-week high of $972.13. The company has a fifty day moving average price of $854.43 and a 200-day moving average price of $783.16. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57.

Graham Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Thursday, October 17th were issued a $1.72 dividend. This represents a $6.88 annualized dividend and a yield of 0.74%. The ex-dividend date was Thursday, October 17th. Graham’s payout ratio is presently 13.47%.

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.