Southeastern Asset Management Inc. TN Trims Position in Graham Holdings (NYSE:GHC)

Southeastern Asset Management Inc. TN lessened its holdings in Graham Holdings (NYSE:GHC - Free Report) by 18.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 59,059 shares of the company's stock after selling 13,747 shares during the quarter. Graham accounts for 2.4% of Southeastern Asset Management Inc. TN's investment portfolio, making the stock its 17th biggest position. Southeastern Asset Management Inc. TN owned 1.36% of Graham worth $51,495,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in GHC. Smartleaf Asset Management LLC raised its position in 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 purchasing an additional 11 shares during the period. KBC Group NV raised its position in Graham by 36.5% in the 4th quarter. KBC Group NV now owns 142 shares of the company's stock worth $124,000 after purchasing an additional 38 shares during the period. Steward Partners Investment Advisory LLC raised its position in Graham by 44.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company's stock worth $126,000 after purchasing an additional 44 shares during the period. 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 acquiring an additional 42 shares during the period. Finally, GeoWealth Management LLC purchased a new position in shares of Graham in the fourth quarter valued at about $197,000. Hedge funds and other institutional investors own 93.16% of the company's stock.

Analysts Set New Price Targets

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

Graham Stock Down 0.2%

Graham stock traded down $1.98 during trading hours on Friday, hitting $959.58. The stock had a trading volume of 20,077 shares, compared to its average volume of 17,745. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $4.18 billion, a P/E ratio of 18.79 and a beta of 0.91. Graham Holdings has a 12-month low of $683.00 and a 12-month high of $1,015.00. The stock's 50-day moving average price is $937.72 and its 200-day moving average price is $925.89.

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

Graham Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 7th. Shareholders of record on Thursday, July 17th will be issued a dividend of $1.80 per share. The ex-dividend date of this dividend is Thursday, July 17th. This represents a $7.20 dividend on an annualized basis and a yield of 0.75%. Graham's dividend payout ratio is currently 5.05%.

Graham Company 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.