Graham Holdings Company (NYSE:GHC) Shares Sold by Seizert Capital Partners LLC

Key Points

• Seizert Capital Partners LLC reduced its stake in Graham Holdings Company by 2.4%, owning 12,293 shares valued at approximately $11.8 million as of the latest reporting period.
• Major institutional investors, including JPMorgan Chase & Co. and Arrowstreet Capital, have recently increased their holdings in Graham, indicating strong interest in the stock.
• Graham Holdings reported an EPS of $11.64 for the last quarter, surpassing estimates, while the stock has experienced a price range of $691.41 to $1,015.00 over the past year.

Seizert Capital Partners LLC lowered its stake in shares of Graham Holdings Company (NYSE:GHC - Free Report) by 2.4% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 12,293 shares of the company's stock after selling 299 shares during the period. Seizert Capital Partners LLC owned approximately 0.28% of Graham worth $11,812,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in GHC. Spire Wealth Management lifted its position in shares of Graham by 333.3% during the 1st quarter. Spire Wealth Management now owns 26 shares of the company's stock worth $25,000 after purchasing an additional 20 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in Graham by 216.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 38 shares of the company's stock worth $37,000 after acquiring an additional 26 shares in the last quarter. CWM LLC raised its stake in Graham by 100.0% during the 1st quarter. CWM LLC now owns 42 shares of the company's stock worth $40,000 after acquiring an additional 21 shares in the last quarter. Skandinaviska Enskilda Banken AB publ acquired a new stake in Graham during the 1st quarter worth $40,000. Finally, Cullen Frost Bankers Inc. acquired a new stake in Graham during the 1st quarter worth $43,000. Hedge funds and other institutional investors own 93.16% of the company's stock.

Analyst Ratings Changes

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 Graham stock traded up $26.41 on Wednesday, reaching $950.45. 77,797 shares of the stock were exchanged, compared to its average volume of 33,202. Graham Holdings Company has a 1-year low of $691.41 and a 1-year high of $1,015.00. The company has a current ratio of 1.62, a quick ratio of 1.41 and a debt-to-equity ratio of 0.17. The business has a fifty day moving average price of $936.25 and a two-hundred day moving average price of $935.97. The firm has a market capitalization of $4.14 billion, a PE ratio of 6.66 and a beta of 0.92.

Graham (NYSE:GHC - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $14.33 EPS for the quarter, topping analysts' consensus estimates of $10.15 by $4.18. Graham had a net margin of 12.99% and a return on equity of 6.80%.

Graham Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 7th. Shareholders of record on Thursday, July 17th will be issued a $1.80 dividend. This represents a $7.20 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend is Thursday, July 17th. Graham's dividend payout ratio (DPR) is presently 5.05%.

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.