Dimensional Fund Advisors LP Sells 959 Shares of Graham Holdings (NYSE:GHC)

Dimensional Fund Advisors LP decreased its stake in shares of Graham Holdings (NYSE:GHC) by 0.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 289,926 shares of the company’s stock after selling 959 shares during the period. Dimensional Fund Advisors LP owned approximately 6.53% of Graham worth $202,817,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Graham by 5.9% during the first quarter. Vanguard Group Inc. now owns 371,235 shares of the company’s stock worth $284,990,000 after acquiring an additional 20,629 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in 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 in the last quarter. Norges Bank bought a new stake in Graham during the fourth quarter worth about $18,160,000. American Century Companies Inc. boosted its stake in Graham by 80.3% during the second quarter. American Century Companies Inc. now owns 20,109 shares of the company’s stock worth $14,067,000 after acquiring an additional 8,953 shares in the last quarter. Finally, Gamco Investors INC. ET AL boosted its stake in Graham by 1.0% during the first quarter. Gamco Investors INC. ET AL now owns 18,091 shares of the company’s stock worth $13,888,000 after acquiring an additional 180 shares in the last quarter. Institutional investors own 62.54% of the company’s stock.

Graham Stock Up 2.2 %

Shares of Graham stock opened at $805.52 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.61. The stock has a market capitalization of $3.54 billion, a PE ratio of 13.36 and a beta of 1.11. Graham Holdings has a 52-week low of $563.39 and a 52-week high of $822.18. The company has a 50-day simple moving average of $762.38 and a two-hundred day simple moving average of $740.13.

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

Graham Announces Dividend

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. The ex-dividend date of this dividend is Thursday, October 17th. This represents a $6.88 annualized dividend and a yield of 0.85%. Graham’s dividend payout ratio (DPR) is presently 11.41%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Graham from a “buy” rating to a “hold” rating in a research note on Wednesday, September 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.