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

A number of other hedge funds have also recently bought and sold shares of GHC. Stifel Financial Corp lifted its holdings in shares of Graham by 1.8% during the 4th quarter. Stifel Financial Corp now owns 623 shares of the company's stock worth $543,000 after acquiring an additional 11 shares during the period. Miracle Mile Advisors LLC lifted its holdings in shares of Graham by 3.2% during the 1st quarter. Miracle Mile Advisors LLC now owns 517 shares of the company's stock worth $497,000 after acquiring an additional 16 shares during the period. Spire Wealth Management lifted its holdings 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 acquiring an additional 20 shares during the period. DAVENPORT & Co LLC lifted its holdings in shares of Graham by 3.4% during the 1st quarter. DAVENPORT & Co LLC now owns 600 shares of the company's stock worth $577,000 after acquiring an additional 20 shares during the period. Finally, CWM LLC lifted its holdings in shares of 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 during the period. Institutional investors and hedge funds own 93.16% of the company's stock.

Wall Street Analyst Weigh In

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

Graham Trading Down 3.5%

GHC traded down $33.17 on Friday, reaching $921.01. 41,967 shares of the company's stock were exchanged, compared to its average volume of 38,339. The company's 50 day moving average is $937.24 and its 200-day moving average is $936.70. The company has a market cap of $4.02 billion, a price-to-earnings ratio of 5.91 and a beta of 0.88. Graham Holdings Company has a twelve month low of $691.41 and a twelve month high of $1,015.00. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.41 and a current ratio of 1.27.

Graham (NYSE:GHC - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $14.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $10.15 by $4.18. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.18 billion. Graham had a net margin of 14.10% and a return on equity of 6.79%.

Graham Announces Dividend

The business 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 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, July 17th. Graham's dividend payout ratio is currently 4.62%.

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.