Gamco Investors INC. ET AL Lowers Stake in Graham Holdings (NYSE:GHC)

Gamco Investors INC. ET AL cut its stake in Graham Holdings (NYSE:GHC - Free Report) by 9.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,321 shares of the company's stock after selling 1,566 shares during the period. Gamco Investors INC. ET AL owned approximately 0.33% of Graham worth $12,487,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC grew its holdings in shares of Graham by 55.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock worth $27,000 after acquiring an additional 11 shares during the period. Xponance Inc. grew its holdings in Graham by 3.3% in the fourth quarter. Xponance Inc. now owns 469 shares of the company's stock valued at $409,000 after purchasing an additional 15 shares during the last quarter. KBC Group NV grew its holdings in Graham by 36.5% in the fourth quarter. KBC Group NV now owns 142 shares of the company's stock valued at $124,000 after purchasing an additional 38 shares during the last quarter. Principal Securities Inc. increased its position in shares of Graham by 30.0% in the fourth 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, Steward Partners Investment Advisory LLC raised its stake 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 last quarter. 93.16% of the stock is owned by hedge funds and other institutional investors.

Graham Price Performance

Shares of GHC stock traded down $22.38 during trading hours on Monday, hitting $885.72. The company's stock had a trading volume of 5,158 shares, compared to its average volume of 17,068. 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 twelve month low of $683.00 and a twelve month high of $1,003.53. The stock has a market cap of $3.84 billion, a price-to-earnings ratio of 17.34 and a beta of 0.92. The business has a fifty day moving average of $940.39 and a 200-day moving average of $906.33.

Graham Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 17th will be given a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a yield of 0.81%. The ex-dividend date of this dividend is Thursday, April 17th. Graham's payout ratio is 4.37%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Graham from a "buy" rating to a "strong-buy" rating in a research note on Saturday, March 29th.

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.