Graham Holdings (NYSE:GHC) Shares Sold by XTX Topco Ltd

XTX Topco Ltd cut its holdings in Graham Holdings (NYSE:GHC - Free Report) by 53.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 328 shares of the company's stock after selling 381 shares during the quarter. XTX Topco Ltd's holdings in Graham were worth $286,000 as of its most recent filing with the SEC.

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

Analyst Ratings Changes

Separately, StockNews.com cut shares of Graham from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, April 23rd.

Graham Stock Performance

GHC traded up $9.29 during trading on Monday, reaching $924.29. The company's stock had a trading volume of 23,353 shares, compared to its average volume of 17,429. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57. The company's fifty day moving average price is $935.74 and its 200-day moving average price is $910.02. Graham Holdings has a 52-week low of $683.00 and a 52-week high of $1,003.53. The company has a market capitalization of $4.01 billion, a price-to-earnings ratio of 18.10 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. Investors of record on Thursday, April 17th will be issued a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date is Thursday, April 17th. Graham's dividend payout ratio is presently 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.