First Trust Advisors LP Sells 1,100 Shares of Graham Holdings (NYSE:GHC)

First Trust Advisors LP trimmed its holdings in shares of Graham Holdings (NYSE:GHC - Free Report) by 19.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 4,568 shares of the company's stock after selling 1,100 shares during the period. First Trust Advisors LP owned approximately 0.11% of Graham worth $3,983,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. Smartleaf Asset Management LLC raised its position in Graham by 55.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock worth $27,000 after purchasing an additional 11 shares in the last quarter. KBC Group NV raised its holdings in shares of Graham by 36.5% in the 4th quarter. KBC Group NV now owns 142 shares of the company's stock worth $124,000 after buying an additional 38 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its position in shares of Graham by 44.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company's stock worth $126,000 after buying an additional 44 shares during the period. Principal Securities Inc. boosted its stake in Graham by 30.0% in the 4th quarter. Principal Securities Inc. now owns 182 shares of the company's stock valued at $159,000 after buying an additional 42 shares in the last quarter. Finally, GeoWealth Management LLC bought a new stake in Graham in the fourth quarter valued at $197,000. 93.16% of the stock is currently owned by institutional investors and hedge funds.

Graham Price Performance

Graham stock traded up $17.40 during trading hours on Tuesday, hitting $958.94. 21,841 shares of the stock were exchanged, compared to its average volume of 17,695. Graham Holdings has a 12 month low of $683.00 and a 12 month high of $1,003.53. The business's 50-day moving average is $933.72 and its two-hundred day moving average is $914.86. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57. The stock has a market capitalization of $4.16 billion, a P/E ratio of 18.78 and a beta of 0.92.

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

Graham Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 7th. Investors of record on Thursday, July 17th will be given a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a yield of 0.75%. Graham's dividend payout ratio (DPR) is 5.05%.

Wall Street Analyst Weigh In

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

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.