Graham Holdings (NYSE:GHC) Shares Sold by Mraz Amerine & Associates Inc.

Mraz Amerine & Associates Inc. lowered its position in shares of Graham Holdings (NYSE:GHC) by 0.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,079 shares of the company’s stock after selling 34 shares during the quarter. Graham makes up about 0.6% of Mraz Amerine & Associates Inc.’s holdings, making the stock its 28th largest holding. Mraz Amerine & Associates Inc.’s holdings in Graham were worth $2,841,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in GHC. Envestnet Asset Management Inc. increased its holdings in shares of Graham by 27,384.9% in the first quarter. Envestnet Asset Management Inc. now owns 220,704 shares of the company’s stock valued at $500,000 after purchasing an additional 219,901 shares during the last quarter. Select Equity Group L.P. acquired a new stake in shares of Graham in the first quarter valued at approximately $24,767,000. Norges Bank acquired a new stake in shares of Graham in the fourth quarter valued at approximately $23,344,000. Goldman Sachs Group Inc. grew its position in Graham by 89.1% in the second quarter. Goldman Sachs Group Inc. now owns 59,259 shares of the company’s stock worth $33,590,000 after acquiring an additional 27,925 shares during the period. Finally, Arrowstreet Capital Limited Partnership purchased a new position in Graham in the fourth quarter worth approximately $10,418,000. Institutional investors and hedge funds own 62.54% of the company’s stock.

Graham Stock Down 1.7 %

GHC traded down $11.88 on Wednesday, hitting $695.12. 15,541 shares of the company were exchanged, compared to its average volume of 14,214. Graham Holdings has a twelve month low of $551.36 and a twelve month high of $771.05. The company has a market cap of $3.10 billion, a price-to-earnings ratio of 15.99 and a beta of 1.11. 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 firm has a 50-day moving average price of $727.71 and a two-hundred day moving average price of $675.91.

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

Graham Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Investors of record on Thursday, April 18th will be paid a $1.72 dividend. This represents a $6.88 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend is Wednesday, April 17th. Graham’s payout ratio is currently 15.83%.

Insiders Place Their Bets

In related news, Director Katharine Weymouth sold 556 shares of the stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $712.99, for a total value of $396,422.44. Following the transaction, the director now directly owns 1,993 shares of the company’s stock, valued at approximately $1,420,989.07. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 32.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Graham from a “buy” rating to a “hold” rating in a research note on Tuesday.

Graham Company 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.