Graham Holdings (NYSE:GHC) Shares Sold by Duality Advisers LP

Duality Advisers LP decreased its position in Graham Holdings (NYSE:GHC) by 13.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 788 shares of the company’s stock after selling 127 shares during the quarter. Duality Advisers LP’s holdings in Graham were worth $549,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. AQR Capital Management LLC raised its position in shares of Graham by 27.2% during the third quarter. AQR Capital Management LLC now owns 39,538 shares of the company’s stock worth $23,051,000 after purchasing an additional 8,443 shares during the period. Dark Forest Capital Management LP acquired a new stake in shares of Graham during the third quarter worth $2,531,000. Assenagon Asset Management S.A. acquired a new stake in shares of Graham during the fourth quarter worth $2,136,000. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Graham by 147.6% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,610 shares of the company’s stock worth $2,105,000 after purchasing an additional 2,152 shares during the period. Finally, Gamco Investors INC. ET AL raised its position in shares of Graham by 12.6% during the third quarter. Gamco Investors INC. ET AL now owns 18,071 shares of the company’s stock worth $10,535,000 after purchasing an additional 2,025 shares during the period. Institutional investors and hedge funds own 62.54% of the company’s stock.

Graham Stock Down 1.5 %

NYSE:GHC opened at $706.43 on Friday. The firm has a market capitalization of $3.15 billion, a price-to-earnings ratio of 16.25 and a beta of 1.11. Graham Holdings has a 1-year low of $551.36 and a 1-year high of $771.05. The company has a current ratio of 1.50, a quick ratio of 1.26 and a debt-to-equity ratio of 0.19. The business’s fifty day moving average price is $725.67 and its 200 day moving average price is $680.31.

Graham (NYSE:GHC) last posted its quarterly earnings results on Friday, February 23rd. The company reported $10.94 earnings per share for the quarter. The firm had revenue of $1.17 billion for the quarter. Graham had a return on equity of 5.23% and a net margin of 4.65%.

Graham Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 9th. Investors of record on Thursday, April 18th will be given a dividend of $1.72 per share. This represents a $6.88 annualized dividend and a yield of 0.97%. The ex-dividend date of this dividend is Wednesday, April 17th. Graham’s payout ratio is 15.83%.

Insider Activity at Graham

In related news, Director Katharine Weymouth sold 556 shares of the company’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $712.99, for a total transaction of $396,422.44. Following the transaction, the director now directly owns 1,993 shares of the company’s stock, valued at $1,420,989.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 20.50% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Graham from a “buy” rating to a “hold” rating in a research report on Tuesday, April 16th.

About Graham

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.