Invesco Ltd. Sells 2,948 Shares of Graham Holdings (NYSE:GHC)

Invesco Ltd. reduced its position in shares of Graham Holdings (NYSE:GHC - Free Report) by 12.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,828 shares of the company's stock after selling 2,948 shares during the period. Invesco Ltd. owned 0.46% of Graham worth $17,288,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Raymond James Financial Inc. bought a new position in shares of Graham during the fourth quarter valued at approximately $26,773,000. JPMorgan Chase & Co. increased its position in Graham by 16.5% during the 4th quarter. JPMorgan Chase & Co. now owns 24,623 shares of the company's stock valued at $21,469,000 after purchasing an additional 3,495 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in Graham by 84.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 18,837 shares of the company's stock worth $16,424,000 after purchasing an additional 8,615 shares in the last quarter. Barclays PLC lifted its position in shares of Graham by 32.4% in the 3rd quarter. Barclays PLC now owns 13,601 shares of the company's stock worth $11,176,000 after purchasing an additional 3,327 shares during the period. Finally, Franklin Resources Inc. boosted its stake in shares of Graham by 18.9% during the 4th quarter. Franklin Resources Inc. now owns 12,257 shares of the company's stock valued at $10,687,000 after purchasing an additional 1,946 shares in the last quarter. 93.16% of the stock is owned by institutional investors.

Graham Stock Down 0.3 %

Shares of GHC traded down $2.96 on Friday, reaching $914.79. The stock had a trading volume of 5,790 shares, compared to its average volume of 17,306. The firm has a market capitalization of $3.97 billion, a price-to-earnings ratio of 17.91 and a beta of 0.92. The company has a 50-day simple moving average of $936.70 and a 200-day simple moving average of $907.82. Graham Holdings has a 12-month low of $683.00 and a 12-month high of $1,003.53. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57.

Graham Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Stockholders of record on Thursday, April 17th will be issued a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend is Thursday, April 17th. Graham's dividend payout ratio (DPR) is presently 4.37%.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Graham from a "strong-buy" rating to a "buy" rating in a report on Wednesday.

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.