Sei Investments Co. Sells 2,724 Shares of Graham Holdings (NYSE:GHC)

Sei Investments Co. reduced its holdings in shares of Graham Holdings (NYSE:GHC - Free Report) by 74.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 930 shares of the company's stock after selling 2,724 shares during the quarter. Sei Investments Co.'s holdings in Graham were worth $811,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GHC. Smartleaf Asset Management LLC raised its position in Graham by 55.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock worth $27,000 after acquiring an additional 11 shares in the last quarter. KBC Group NV grew its holdings in Graham by 36.5% in the 4th quarter. KBC Group NV now owns 142 shares of the company's stock valued at $124,000 after buying an additional 38 shares in the last quarter. Steward Partners Investment Advisory LLC increased its position in Graham by 44.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company's stock worth $126,000 after acquiring an additional 44 shares during the period. Principal Securities Inc. increased its holdings in shares of Graham by 30.0% during the fourth quarter. Principal Securities Inc. now owns 182 shares of the company's stock worth $159,000 after purchasing an additional 42 shares during the period. Finally, MML Investors Services LLC bought a new stake in shares of Graham during the 3rd quarter valued at $203,000. 93.16% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com raised Graham from a "buy" rating to a "strong-buy" rating in a research note on Saturday, March 29th.

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Graham Trading Down 0.1 %

GHC traded down $0.69 during trading on Friday, reaching $906.69. 31,513 shares of the company's stock were exchanged, compared to its average volume of 16,965. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. Graham Holdings has a one year low of $683.00 and a one year high of $1,003.53. The firm has a fifty day moving average price of $943.42 and a two-hundred day moving average price of $902.71. The stock has a market capitalization of $3.94 billion, a PE ratio of 17.75 and a beta of 0.92.

Graham Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be given a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a yield of 0.79%. The ex-dividend date is Thursday, April 17th. Graham's dividend payout ratio is currently 4.37%.

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.