Charles Schwab Investment Management Inc. Sells 1,054 Shares of Graham Holdings (NYSE:GHC)

Charles Schwab Investment Management Inc. reduced its holdings in shares of Graham Holdings (NYSE:GHC - Free Report) by 1.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,239 shares of the company's stock after selling 1,054 shares during the period. Charles Schwab Investment Management Inc. owned 1.28% of Graham worth $48,164,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Smartleaf Asset Management LLC lifted its position in Graham by 55.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock valued at $27,000 after acquiring an additional 11 shares during the period. KBC Group NV raised its holdings in Graham by 36.5% in the fourth quarter. KBC Group NV now owns 142 shares of the company's stock worth $124,000 after buying an additional 38 shares during the last quarter. Principal Securities Inc. raised its holdings in Graham by 30.0% in the fourth quarter. Principal Securities Inc. now owns 182 shares of the company's stock worth $159,000 after buying an additional 42 shares during the last quarter. Steward Partners Investment Advisory LLC raised its holdings in Graham by 44.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company's stock worth $126,000 after buying an additional 44 shares during the last quarter. Finally, Cerity Partners LLC raised its holdings in Graham by 9.0% in the third quarter. Cerity Partners LLC now owns 631 shares of the company's stock worth $519,000 after buying an additional 52 shares during the last quarter. 93.16% of the stock is owned by hedge funds and other institutional investors.

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Graham Stock Down 0.1 %

Graham stock traded down $1.16 during trading hours on Tuesday, hitting $937.69. The stock had a trading volume of 18,230 shares, compared to its average volume of 15,347. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $4.07 billion, a P/E ratio of 18.36 and a beta of 1.12. Graham Holdings has a 12-month low of $683.00 and a 12-month high of $993.49. The stock's 50-day moving average price is $926.16 and its 200-day moving average price is $879.03.

Graham Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 8th. Stockholders of record on Thursday, April 17th will be paid a $1.80 dividend. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.77%. Graham's dividend payout ratio is presently 4.37%.

Insider Transactions at Graham

In related news, CAO Marcel A. Snyman sold 159 shares of the business's stock in a transaction that occurred on 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 approximately $389,534.60. The trade was a 26.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 20.50% of the company's stock.

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.