Mraz Amerine & Associates Inc. lessened its position in shares of Graham Holdings Company (NYSE:GHC) by 13.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 625 shares of the company’s stock after selling 100 shares during the quarter. Mraz Amerine & Associates Inc.’s holdings in Graham Holdings were worth $366,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Graham Holdings by 24.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 168 shares of the company’s stock valued at $101,000 after acquiring an additional 33 shares during the last quarter. Oakbrook Investments LLC increased its position in Graham Holdings by 1.7% during the second quarter. Oakbrook Investments LLC now owns 356 shares of the company’s stock valued at $213,000 after acquiring an additional 6 shares during the last quarter. Teacher Retirement System of Texas increased its position in Graham Holdings by 7.2% during the second quarter. Teacher Retirement System of Texas now owns 370 shares of the company’s stock valued at $222,000 after acquiring an additional 25 shares during the last quarter. LS Investment Advisors LLC increased its position in Graham Holdings by 21.1% during the second quarter. LS Investment Advisors LLC now owns 373 shares of the company’s stock valued at $224,000 after acquiring an additional 65 shares during the last quarter. Finally, Shelton Capital Management purchased a new stake in Graham Holdings during the second quarter valued at $252,000. Institutional investors own 69.28% of the company’s stock.
Graham Holdings Company (GHC) traded up $4.10 during trading on Friday, reaching $558.65. The company had a trading volume of 15,500 shares, compared to its average volume of 16,951. The stock has a market capitalization of $3,089.89, a PE ratio of 22.76 and a beta of 0.73. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.91 and a current ratio of 1.99. Graham Holdings Company has a 12 month low of $467.20 and a 12 month high of $615.85.
The business also recently declared a quarterly dividend, which was paid on Thursday, November 9th. Shareholders of record on Tuesday, October 17th were given a $1.27 dividend. This represents a $5.08 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date was Monday, October 16th. Graham Holdings’s payout ratio is 22.88%.
Graham Holdings announced that its Board of Directors has approved a share repurchase program on Thursday, November 9th that authorizes the company to repurchase 500,000 shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its stock is undervalued.
GHC has been the subject of a number of research reports. BidaskClub cut Graham Holdings from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. TheStreet cut Graham Holdings from a “b-” rating to a “c+” rating in a research report on Wednesday, August 2nd.
Graham Holdings Profile
Graham Holdings Company, formerly The Washington Post Company, is a diversified education and media company whose principal operations include educational services, television broadcasting, cable television systems, and online, print and local TV news. The Company owns Kaplan, a provider of educational services to individuals, schools and businesses, serving over one million students annually with operations in more than 30 countries.
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