Cetera Investment Advisers Has $317,000 Holdings in Graham Holdings (NYSE:GHC)

Cetera Investment Advisers lessened its position in shares of Graham Holdings (NYSE:GHC - Free Report) by 96.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 364 shares of the company's stock after selling 9,797 shares during the period. Cetera Investment Advisers' holdings in Graham were worth $317,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in GHC. Y Intercept Hong Kong Ltd acquired a new position in Graham in the 4th quarter worth about $635,000. Wells Fargo & Company MN increased its stake in shares of Graham by 19.3% in the fourth quarter. Wells Fargo & Company MN now owns 2,372 shares of the company's stock valued at $2,068,000 after buying an additional 384 shares during the period. Citadel Advisors LLC raised its holdings in Graham by 151.7% in the 4th quarter. Citadel Advisors LLC now owns 1,100 shares of the company's stock valued at $959,000 after buying an additional 663 shares during the last quarter. SG Americas Securities LLC raised its holdings in Graham by 188.2% in the 4th quarter. SG Americas Securities LLC now owns 588 shares of the company's stock valued at $513,000 after buying an additional 384 shares during the last quarter. Finally, Barclays PLC boosted its position in Graham by 32.4% during the 3rd quarter. Barclays PLC now owns 13,601 shares of the company's stock worth $11,176,000 after buying an additional 3,327 shares during the period. Institutional investors and hedge funds own 93.16% of the company's stock.

Graham Trading Down 0.8%

Shares of NYSE GHC traded down $7.34 during trading on Wednesday, reaching $957.85. The company had a trading volume of 24,742 shares, compared to its average volume of 18,031. Graham Holdings has a 12 month low of $683.00 and a 12 month high of $1,015.00. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18. The stock has a market cap of $4.18 billion, a P/E ratio of 18.76 and a beta of 0.91. The company's fifty day moving average price is $936.28 and its 200-day moving average price is $927.97.

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

Graham Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 7th. Investors of record on Thursday, July 17th will be issued a $1.80 dividend. The ex-dividend date of this dividend is Thursday, July 17th. This represents a $7.20 annualized dividend and a yield of 0.75%. Graham's payout ratio is 5.05%.

Wall Street Analysts Forecast Growth

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

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.