Mutual of America Capital Management LLC Sells 133 Shares of Graham Holdings (NYSE:GHC)

Mutual of America Capital Management LLC lowered its stake in shares of Graham Holdings (NYSE:GHC) by 6.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,858 shares of the company’s stock after selling 133 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Graham were worth $1,527,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Innealta Capital LLC acquired a new stake in shares of Graham in the 2nd quarter valued at $35,000. Whittier Trust Co. bought a new stake in Graham during the 2nd quarter worth about $70,000. Headlands Technologies LLC acquired a new position in Graham during the 2nd quarter valued at about $76,000. KBC Group NV boosted its stake in shares of Graham by 60.0% in the 3rd quarter. KBC Group NV now owns 104 shares of the company’s stock valued at $85,000 after purchasing an additional 39 shares during the last quarter. Finally, Covestor Ltd grew its position in shares of Graham by 8.4% during the 3rd quarter. Covestor Ltd now owns 155 shares of the company’s stock worth $128,000 after buying an additional 12 shares during the period. Institutional investors and hedge funds own 62.54% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Graham from a “hold” rating to a “buy” rating in a research note on Monday, November 4th.

Graham Stock Up 2.0 %

NYSE:GHC opened at $944.10 on Tuesday. The stock’s fifty day simple moving average is $839.48 and its 200-day simple moving average is $776.94. The firm has a market capitalization of $4.09 billion, a P/E ratio of 18.49 and a beta of 1.11. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18. Graham Holdings has a 12-month low of $618.84 and a 12-month high of $972.13.

Graham Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Thursday, October 17th were given a dividend of $1.72 per share. The ex-dividend date of this dividend was Thursday, October 17th. This represents a $6.88 annualized dividend and a dividend yield of 0.73%. 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.