Vanguard Group Inc. Sells 20,496 Shares of Graham Holdings (NYSE:GHC)

Vanguard Group Inc. cut its position in Graham Holdings (NYSE:GHC) by 5.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 335,631 shares of the company’s stock after selling 20,496 shares during the quarter. Vanguard Group Inc. owned about 7.75% of Graham worth $292,643,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in shares of Graham by 10.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company’s stock valued at $17,361,000 after buying an additional 1,941 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of Graham by 8.6% during the third quarter. Franklin Resources Inc. now owns 10,311 shares of the company’s stock worth $8,344,000 after acquiring an additional 819 shares in the last quarter. Miracle Mile Advisors LLC bought a new position in shares of Graham in the fourth quarter worth $437,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Graham in the fourth quarter valued at $635,000. Finally, SG Americas Securities LLC raised its stake in shares of Graham by 188.2% during the 4th quarter. SG Americas Securities LLC now owns 588 shares of the company’s stock valued at $513,000 after purchasing an additional 384 shares during the period. Institutional investors own 93.16% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Graham from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 29th.

Insider Transactions at Graham

In other Graham news, CAO Marcel A. Snyman sold 159 shares of the company’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $881.30, for a total transaction of $140,126.70. Following the completion of the sale, the chief accounting officer now directly owns 442 shares in the company, valued at $389,534.60. This represents a 26.46 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 20.50% of the company’s stock.

Graham Stock Performance

NYSE GHC opened at $927.50 on Friday. The company’s 50 day simple moving average is $946.12 and its two-hundred day simple moving average is $896.85. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34. Graham Holdings has a 1 year low of $683.00 and a 1 year high of $1,003.53. The stock has a market capitalization of $4.03 billion, a PE ratio of 18.16 and a beta of 1.12.

Graham Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be given a $1.80 dividend. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $7.20 annualized dividend and a yield of 0.78%. Graham’s dividend payout ratio (DPR) is presently 4.37%.

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.