Delphi Management Inc. MA Decreases Stake in Graham Holdings (NYSE:GHC)

Delphi Management Inc. MA reduced its holdings in Graham Holdings (NYSE:GHC) by 17.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,633 shares of the company’s stock after selling 354 shares during the quarter. Delphi Management Inc. MA’s holdings in Graham were worth $1,424,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in GHC. Smartleaf Asset Management LLC boosted its position in shares of Graham by 55.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 31 shares of the company’s stock valued at $27,000 after purchasing an additional 11 shares in the last quarter. KBC Group NV raised its stake in shares of Graham by 36.5% in the fourth quarter. KBC Group NV now owns 142 shares of the company’s stock worth $124,000 after purchasing an additional 38 shares during the last quarter. Principal Securities Inc. raised its stake in shares of Graham by 30.0% in the fourth quarter. Principal Securities Inc. now owns 182 shares of the company’s stock worth $159,000 after purchasing an additional 42 shares during the last quarter. Steward Partners Investment Advisory LLC raised its stake in shares of Graham by 44.0% in the fourth 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 last quarter. Finally, Cerity Partners LLC increased its position in Graham by 9.0% during the third quarter. Cerity Partners LLC now owns 631 shares of the company’s stock valued at $519,000 after acquiring an additional 52 shares during the last quarter. 93.16% of the stock is currently owned by institutional investors.

Graham Stock Up 0.6 %

Graham stock opened at $938.24 on Tuesday. The stock has a market cap of $4.07 billion, a PE ratio of 18.37 and a beta of 1.12. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57. Graham Holdings has a one year low of $683.00 and a one year high of $993.49. The stock has a fifty day moving average of $926.16 and a 200 day moving average of $879.03.

Graham Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 17th will be given a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date is Thursday, April 17th. Graham’s payout ratio is 4.37%.

Insiders Place Their Bets

In related news, CAO Marcel A. Snyman sold 159 shares of the stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $881.30, for a total transaction of $140,126.70. Following the completion of the sale, the chief accounting officer now owns 442 shares in the company, valued at approximately $389,534.60. This trade represents a 26.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 20.50% of the company’s stock.

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.