Seizert Capital Partners LLC lessened its position in shares of Graham Holdings (NYSE:GHC - Free Report) by 35.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,592 shares of the company's stock after selling 6,770 shares during the period. Seizert Capital Partners LLC owned 0.29% of Graham worth $10,979,000 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 increased its holdings in Graham by 55.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock worth $27,000 after purchasing an additional 11 shares in the last quarter. 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 worth $65,000 after buying an additional 67 shares during the period. KBC Group NV grew its position in shares of Graham by 60.0% during the 3rd quarter. KBC Group NV now owns 104 shares of the company's stock worth $85,000 after buying an additional 39 shares during the period. Steward Partners Investment Advisory LLC increased its stake in shares of Graham by 44.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company's stock valued at $126,000 after acquiring an additional 44 shares in the last quarter. Finally, Covestor Ltd lifted its position in shares of Graham by 8.4% during the 3rd quarter. Covestor Ltd now owns 155 shares of the company's stock valued at $128,000 after acquiring an additional 12 shares during the period. 93.16% of the stock is owned by institutional investors and hedge funds.
Graham Stock Down 0.5 %
NYSE:GHC traded down $4.67 during trading hours on Friday, reaching $938.43. The company had a trading volume of 18,298 shares, compared to its average volume of 16,707. Graham Holdings has a twelve month low of $683.00 and a twelve month high of $993.49. 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 cap of $4.07 billion, a price-to-earnings ratio of 18.38 and a beta of 1.12. The business's 50-day simple moving average is $920.92 and its two-hundred day simple moving average is $871.54.
Graham Dividend Announcement
The company also recently announced 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 annualized dividend and a dividend yield of 0.77%. Graham's dividend payout ratio is presently 4.37%.
Insider Activity at Graham
In other Graham news, CAO Marcel A. Snyman sold 159 shares of the firm's stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $881.30, for a total value 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 trade represents a 26.46 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 20.50% of the stock is currently owned by corporate insiders.
Graham Company Profile
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Free Report)
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.
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