Autumn Glory Partners LLC Trims Position in Graham Holdings (NYSE:GHC)

Autumn Glory Partners LLC reduced its stake in shares of Graham Holdings (NYSE:GHC - Free Report) by 50.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,171 shares of the company's stock after selling 2,171 shares during the period. Autumn Glory Partners LLC owned approximately 0.05% of Graham worth $1,893,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Daiwa Securities Group Inc. grew its position in shares of Graham by 558.3% during the 3rd quarter. Daiwa Securities Group Inc. now owns 79 shares of the company's stock valued at $65,000 after acquiring an additional 67 shares during the period. KBC Group NV increased its position in shares of Graham by 60.0% in the third quarter. KBC Group NV now owns 104 shares of the company's stock valued at $85,000 after buying an additional 39 shares in the last quarter. Covestor Ltd raised its stake in shares of Graham by 8.4% during the 3rd quarter. Covestor Ltd now owns 155 shares of the company's stock worth $128,000 after buying an additional 12 shares during the period. SG Americas Securities LLC purchased a new position in shares of Graham during the 3rd quarter valued at approximately $168,000. Finally, Mount Yale Investment Advisors LLC acquired a new stake in Graham in the 3rd quarter valued at $189,000. Hedge funds and other institutional investors own 93.16% of the company's stock.

Graham Price Performance

Shares of NYSE GHC traded up $3.85 during midday trading on Wednesday, hitting $966.27. The stock had a trading volume of 18,412 shares, compared to its average volume of 15,557. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18. Graham Holdings has a 1 year low of $683.00 and a 1 year high of $974.00. The company has a market capitalization of $4.18 billion, a PE ratio of 18.92 and a beta of 1.13. The stock has a 50 day simple moving average of $905.58 and a 200-day simple moving average of $853.65.

Graham Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Monday, February 3rd will be issued a dividend of $1.80 per share. This is a positive change from Graham's previous quarterly dividend of $1.72. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.75%. Graham's dividend payout ratio is presently 14.10%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Graham from a "hold" rating to a "buy" rating in a research report on Monday, November 4th.

Insider Activity

In related 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 owns 442 shares of the company's stock, valued at approximately $389,534.60. This represents a 26.46 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 32.30% of the company's stock.

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.