Cerity Partners LLC Has $519,000 Stake in Graham Holdings (NYSE:GHC)

Cerity Partners LLC increased its stake in Graham Holdings (NYSE:GHC) by 9.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 631 shares of the company’s stock after purchasing an additional 52 shares during the period. Cerity Partners LLC’s holdings in Graham were worth $519,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. American Century Companies Inc. grew its holdings in shares of Graham by 80.3% during the second quarter. American Century Companies Inc. now owns 20,109 shares of the company’s stock worth $14,067,000 after buying an additional 8,953 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of Graham by 31.0% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 30,332 shares of the company’s stock worth $21,219,000 after purchasing an additional 7,179 shares in the last quarter. Lee Danner & Bass Inc. acquired a new position in Graham during the second quarter worth $3,568,000. Millennium Management LLC bought a new position in Graham in the second quarter valued at $2,743,000. Finally, Autumn Glory Partners LLC increased its stake in Graham by 100.0% in the 3rd quarter. Autumn Glory Partners LLC now owns 4,342 shares of the company’s stock valued at $3,568,000 after buying an additional 2,171 shares during the last quarter. Institutional investors own 62.54% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Graham from a “hold” rating to a “buy” rating in a report on Monday, November 4th.

Graham Price Performance

NYSE:GHC opened at $941.32 on Friday. The stock has a market capitalization of $4.08 billion, a PE ratio of 18.43 and a beta of 1.13. Graham Holdings has a 1-year low of $638.96 and a 1-year high of $972.13. The firm has a fifty day simple moving average of $868.72 and a 200 day simple moving average of $789.60. 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Thursday, October 17th were issued a dividend of $1.72 per share. This represents a $6.88 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend was Thursday, October 17th. Graham’s payout ratio is currently 13.47%.

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.