Graham Holdings (NYSE:GHC) Shares Sold by Guggenheim Capital LLC

Guggenheim Capital LLC lowered its stake in Graham Holdings (NYSE:GHC – Get Rating) by 38.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 597 shares of the company’s stock after selling 371 shares during the period. Guggenheim Capital LLC’s holdings in Graham were worth $321,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Mitsubishi UFJ Trust & Banking Corp acquired a new position in shares of Graham in the third quarter valued at approximately $25,000. Lazard Asset Management LLC boosted its stake in shares of Graham by 156.0% in the second quarter. Lazard Asset Management LLC now owns 128 shares of the company’s stock valued at $72,000 after buying an additional 78 shares in the last quarter. Captrust Financial Advisors boosted its position in Graham by 119.0% during the first quarter. Captrust Financial Advisors now owns 138 shares of the company’s stock worth $84,000 after purchasing an additional 75 shares in the last quarter. Wipfli Financial Advisors LLC purchased a new stake in Graham during the third quarter worth $80,000. Finally, Covestor Ltd boosted its position in Graham by 88.3% during the first quarter. Covestor Ltd now owns 177 shares of the company’s stock worth $108,000 after purchasing an additional 83 shares in the last quarter. Institutional investors and hedge funds own 63.24% of the company’s stock.

Analysts Set New Price Targets

Separately, TheStreet upgraded Graham from a “c” rating to a “b+” rating in a research report on Monday, December 5th.

Insiders Place Their Bets

In other news, CAO Marcel A. Snyman sold 128 shares of the company’s stock in a transaction on Monday, January 9th. The stock was sold at an average price of $617.68, for a total value of $79,063.04. Following the sale, the chief accounting officer now directly owns 456 shares in the company, valued at $281,662.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CAO Marcel A. Snyman sold 128 shares of the company’s stock in a transaction on Monday, January 9th. The stock was sold at an average price of $617.68, for a total value of $79,063.04. Following the sale, the chief accounting officer now directly owns 456 shares in the company, valued at $281,662.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Marcel A. Snyman sold 72 shares of the company’s stock in a transaction on Wednesday, January 4th. The shares were sold at an average price of $611.06, for a total value of $43,996.32. Following the completion of the sale, the chief accounting officer now owns 584 shares in the company, valued at $356,859.04. The disclosure for this sale can be found here. 20.50% of the stock is owned by company insiders.

Graham Stock Down 3.4 %

GHC opened at $586.43 on Monday. The business’s fifty day moving average is $636.35 and its two-hundred day moving average is $608.90. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.26 and a current ratio of 1.45. The company has a market cap of $2.81 billion, a price-to-earnings ratio of 43.31 and a beta of 1.03. Graham Holdings has a one year low of $525.58 and a one year high of $681.70.

Graham Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 11th. Shareholders of record on Thursday, April 20th will be given a dividend of $1.65 per share. The ex-dividend date of this dividend is Wednesday, April 19th. This represents a $6.60 dividend on an annualized basis and a yield of 1.13%. Graham’s payout ratio is 48.74%.

Graham Profile

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Graham Holdings Co engages in the provision of education and media services. It operates through the following segments: Education, Television Broadcasting, Manufacturing, Healthcare, SocialCode, and Other Businesses. The Education segment includes professional training and postsecondary education businesses largely outside the U.S.