Graham Holdings Company $GHC Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas trimmed its stake in Graham Holdings Company (NYSE:GHC) by 17.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,103 shares of the company’s stock after selling 445 shares during the quarter. Teacher Retirement System of Texas’ holdings in Graham were worth $1,990,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in GHC. UMB Bank n.a. grew its stake in shares of Graham by 68.8% during the 2nd quarter. UMB Bank n.a. now owns 27 shares of the company’s stock valued at $26,000 after buying an additional 11 shares during the period. GAMMA Investing LLC lifted its holdings in Graham by 55.0% in the 2nd quarter. GAMMA Investing LLC now owns 31 shares of the company’s stock worth $29,000 after buying an additional 11 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in Graham by 216.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 38 shares of the company’s stock valued at $37,000 after purchasing an additional 26 shares in the last quarter. Skandinaviska Enskilda Banken AB publ acquired a new stake in Graham during the 1st quarter valued at approximately $40,000. Finally, CWM LLC lifted its holdings in Graham by 100.0% during the 1st quarter. CWM LLC now owns 42 shares of the company’s stock worth $40,000 after buying an additional 21 shares during the last quarter. 93.16% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

GHC has been the topic of several recent research reports. Weiss Ratings downgraded Graham from a “buy (a-)” rating to a “buy (b)” rating in a report on Saturday, October 25th. Wall Street Zen raised Graham from a “hold” rating to a “buy” rating in a research report on Saturday. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Graham has a consensus rating of “Buy”.

Graham Price Performance

NYSE GHC opened at $1,035.64 on Tuesday. The stock has a 50-day simple moving average of $1,091.09 and a 200 day simple moving average of $1,002.50. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.10 and a current ratio of 1.27. The stock has a market capitalization of $4.52 billion, a PE ratio of 6.19 and a beta of 0.88. Graham Holdings Company has a twelve month low of $840.50 and a twelve month high of $1,200.00.

Graham (NYSE:GHC) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $14.08 EPS for the quarter, beating the consensus estimate of $12.36 by $1.72. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Graham had a return on equity of 6.34% and a net margin of 14.93%.

Graham Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Thursday, October 16th will be issued a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 16th. Graham’s dividend payout ratio (DPR) is currently 4.30%.

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.