Dimensional Fund Advisors LP Trims Stock Position in Graham Holdings (NYSE:GHC)

Dimensional Fund Advisors LP trimmed its position in Graham Holdings (NYSE:GHC - Free Report) by 2.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 278,002 shares of the company's stock after selling 6,246 shares during the period. Dimensional Fund Advisors LP owned 6.41% of Graham worth $242,396,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in Graham during the 4th quarter valued at approximately $26,773,000. LPL Financial LLC acquired a new position in Graham in the fourth quarter valued at approximately $8,726,000. Norges Bank bought a new position in shares of Graham during the 4th quarter worth approximately $8,157,000. Arrowstreet Capital Limited Partnership lifted its position in shares of Graham by 84.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 18,837 shares of the company's stock valued at $16,424,000 after acquiring an additional 8,615 shares during the period. Finally, Alliancebernstein L.P. raised its holdings in shares of Graham by 63.3% during the fourth quarter. Alliancebernstein L.P. now owns 11,830 shares of the company's stock valued at $10,315,000 after purchasing an additional 4,584 shares during the period. Institutional investors own 93.16% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Graham from a "strong-buy" rating to a "buy" rating in a research note on Wednesday.

Graham Stock Performance

Graham stock traded down $2.92 during midday trading on Thursday, reaching $918.19. The stock had a trading volume of 34,506 shares, compared to its average volume of 17,350. Graham Holdings has a 12 month low of $683.00 and a 12 month high of $1,003.53. The firm's 50-day moving average price is $937.52 and its 200 day moving average price is $906.97. 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 firm has a market capitalization of $3.98 billion, a PE ratio of 17.98 and a beta of 0.92.

Graham Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 8th. Stockholders of record on Thursday, April 17th will be issued a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend is Thursday, April 17th. Graham's payout ratio is 4.37%.

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.