Graham Holdings (NYSE:GHC) Shares Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas increased its position in shares of Graham Holdings (NYSE:GHC) by 82.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 3,755 shares of the company’s stock after purchasing an additional 1,696 shares during the quarter. Teacher Retirement System of Texas’ holdings in Graham were worth $3,274,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Intech Investment Management LLC purchased a new stake in shares of Graham in the 3rd quarter valued at approximately $453,000. Cerity Partners LLC boosted its position in shares of Graham by 9.0% during the third quarter. Cerity Partners LLC now owns 631 shares of the company’s stock worth $519,000 after buying an additional 52 shares during the period. Daiwa Securities Group Inc. grew its stake in shares of Graham by 558.3% in the third quarter. Daiwa Securities Group Inc. now owns 79 shares of the company’s stock valued at $65,000 after buying an additional 67 shares in the last quarter. FMR LLC lifted its stake in Graham by 358.3% during the 3rd quarter. FMR LLC now owns 4,766 shares of the company’s stock worth $3,916,000 after acquiring an additional 3,726 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in Graham by 37.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 899 shares of the company’s stock valued at $739,000 after acquiring an additional 243 shares during the period. Institutional investors and hedge funds own 93.16% of the company’s stock.

Insider Buying and Selling at Graham

In related news, CAO Marcel A. Snyman sold 159 shares of Graham stock in a transaction on Monday, January 6th. The stock was sold at an average price of $881.30, for a total value of $140,126.70. Following the completion of the transaction, the chief accounting officer now directly owns 442 shares in the company, valued at approximately $389,534.60. This trade represents a 26.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 20.50% of the stock is currently owned by corporate insiders.

Graham Stock Down 1.1 %

Shares of NYSE:GHC opened at $959.81 on Wednesday. The firm has a market capitalization of $4.17 billion, a PE ratio of 18.79 and a beta of 1.12. Graham Holdings has a 1 year low of $683.00 and a 1 year high of $993.49. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34. The firm’s 50-day moving average is $936.88 and its two-hundred day moving average is $887.01.

Graham Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 17th will be issued a dividend of $1.80 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $7.20 dividend on an annualized basis and a yield of 0.75%. Graham’s dividend payout ratio (DPR) is presently 4.37%.

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.