Graham Holdings (NYSE:GHC) Shares Sold by Ameriprise Financial Inc.

Ameriprise Financial Inc. lowered its holdings in shares of Graham Holdings (NYSE:GHC - Free Report) by 18.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,646 shares of the company's stock after selling 1,715 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.18% of Graham worth $6,667,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. bought a new position in Graham during the fourth quarter valued at $26,773,000. LPL Financial LLC purchased a new position in Graham in the 4th quarter worth about $8,726,000. Norges Bank purchased a new position in Graham in the 4th quarter worth about $8,157,000. Arrowstreet Capital Limited Partnership increased its position in Graham by 84.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 18,837 shares of the company's stock valued at $16,424,000 after purchasing an additional 8,615 shares during the period. Finally, Northern Trust Corp increased its position in Graham by 12.6% during the 4th quarter. Northern Trust Corp now owns 44,473 shares of the company's stock valued at $38,777,000 after purchasing an additional 4,988 shares during the period. Institutional investors own 93.16% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered shares of Graham from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, April 23rd.

Graham Stock Performance

Shares of GHC stock traded up $3.67 during trading hours on Wednesday, hitting $937.80. The company's stock had a trading volume of 1,113 shares, compared to its average volume of 17,792. The stock has a market cap of $4.09 billion, a PE ratio of 18.34 and a beta of 0.91. The company has a 50 day moving average of $937.60 and a 200 day moving average of $927.57. 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 12-month low of $683.00 and a 12-month high of $1,015.00.

Graham (NYSE:GHC - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $11.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $11.29 by $0.35. Graham had a net margin of 4.86% and a return on equity of 5.79%. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.20 billion.

Graham Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 7th. Shareholders of record on Thursday, July 17th will be paid a dividend of $1.80 per share. The ex-dividend date of this dividend is Thursday, July 17th. This represents a $7.20 annualized dividend and a yield of 0.77%. Graham's dividend payout ratio (DPR) is currently 5.05%.

Graham 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.