Graham Holdings (NYSE:GHC) Shares Sold by Pathstone Holdings LLC

Pathstone Holdings LLC lessened its holdings in shares of Graham Holdings (NYSE:GHC) by 0.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,257 shares of the company’s stock after selling 11 shares during the quarter. Pathstone Holdings LLC owned 0.26% of Graham worth $9,250,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Cetera Advisors LLC acquired a new stake in Graham during the 1st quarter valued at approximately $5,256,000. Vanguard Group Inc. grew its stake in Graham by 5.9% during the 1st quarter. Vanguard Group Inc. now owns 371,235 shares of the company’s stock valued at $284,990,000 after purchasing an additional 20,629 shares in the last quarter. Tidal Investments LLC acquired a new stake in Graham during the 1st quarter valued at approximately $857,000. Raymond James Financial Services Advisors Inc. grew its stake in Graham by 31.0% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 30,332 shares of the company’s stock valued at $21,219,000 after purchasing an additional 7,179 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in Graham by 175.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,162 shares of the company’s stock valued at $813,000 after purchasing an additional 740 shares in the last quarter. Institutional investors and hedge funds own 62.54% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Graham from a “hold” rating to a “buy” rating in a research report on Monday, November 4th.

Graham Price Performance

Shares of GHC opened at $918.70 on Friday. The firm has a market cap of $3.98 billion, a price-to-earnings ratio of 17.75 and a beta of 1.11. The stock has a 50 day moving average of $832.96 and a 200-day moving average of $774.42. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. Graham Holdings has a 52 week low of $615.20 and a 52 week high of $972.13.

Graham Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Thursday, October 17th were paid a dividend of $1.72 per share. The ex-dividend date was Thursday, October 17th. This represents a $6.88 dividend on an annualized basis and a yield of 0.75%. Graham’s payout ratio is currently 13.47%.

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.