Vanguard Group Inc. Reduces Holdings in Graham Holdings (NYSE:GHC)

Vanguard Group Inc. cut its position in shares of Graham Holdings (NYSE:GHC - Free Report) by 5.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 335,631 shares of the company's stock after selling 20,496 shares during the period. Vanguard Group Inc. owned 7.75% of Graham worth $292,643,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC boosted its stake in shares of Graham by 55.0% during the 4th 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 raised its holdings in Graham by 36.5% in the 4th quarter. KBC Group NV now owns 142 shares of the company's stock worth $124,000 after purchasing an additional 38 shares during the period. Steward Partners Investment Advisory LLC boosted 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 purchasing an additional 44 shares in the last quarter. Principal Securities Inc. grew its holdings in Graham by 30.0% in the fourth quarter. Principal Securities Inc. now owns 182 shares of the company's stock valued at $159,000 after purchasing an additional 42 shares during the period. Finally, Empirical Asset Management LLC purchased a new stake in shares of Graham in the fourth quarter valued at approximately $204,000. Institutional investors and hedge funds own 93.16% of the company's stock.

Graham Price Performance

Shares of GHC traded up $50.08 during mid-day trading on Wednesday, hitting $934.10. 33,116 shares of the company were exchanged, compared to its average volume of 16,807. The stock has a market cap of $4.05 billion, a price-to-earnings ratio of 18.29 and a beta of 0.92. Graham Holdings has a 1-year low of $683.00 and a 1-year high of $1,003.53. The company has a 50 day moving average of $944.11 and a 200-day moving average of $899.45. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57.

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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%.

Wall Street Analysts Forecast Growth

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

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.