Graham Holdings (NYSE:GHC) Shares Sold by Delphi Management Inc. MA

Delphi Management Inc. MA lowered its position in Graham Holdings (NYSE:GHC - Free Report) by 17.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,633 shares of the company's stock after selling 354 shares during the period. Delphi Management Inc. MA's holdings in Graham were worth $1,424,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Graham in the 4th quarter worth about $26,773,000. Assetmark Inc. increased its position in shares of Graham by 3,662.5% in the fourth quarter. Assetmark Inc. now owns 602 shares of the company's stock valued at $525,000 after buying an additional 586 shares in the last quarter. Bahl & Gaynor Inc. acquired a new position in shares of Graham during the 4th quarter worth approximately $262,000. Steward Partners Investment Advisory LLC lifted its position in shares of Graham by 44.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company's stock valued at $126,000 after buying an additional 44 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in Graham by 55.0% in 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. 93.16% of the stock is owned by hedge funds and other institutional investors.

Graham Price Performance

NYSE:GHC traded down $21.43 during trading hours on Friday, reaching $939.62. 87,590 shares of the company were exchanged, compared to its average volume of 18,395. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. The firm has a market cap of $4.08 billion, a PE ratio of 18.40 and a beta of 1.12. Graham Holdings has a twelve month low of $683.00 and a twelve month high of $993.49. The stock's 50-day moving average is $931.40 and its 200-day moving average is $881.18.

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Graham Dividend Announcement

The company 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. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date of this dividend is Thursday, April 17th. Graham's dividend payout ratio is presently 4.37%.

Insider Buying and Selling

In other news, CAO Marcel A. Snyman sold 159 shares of the firm's stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $881.30, for a total value of $140,126.70. Following the transaction, the chief accounting officer now directly owns 442 shares of the company's stock, valued at approximately $389,534.60. This trade 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 link. 20.50% of the stock is owned by company insiders.

About Graham

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.