Seizert Capital Partners LLC Lowers Stock Holdings in Graham Holdings (NYSE:GHC)

Seizert Capital Partners LLC cut its stake in shares of Graham Holdings (NYSE:GHC) by 35.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,592 shares of the company’s stock after selling 6,770 shares during the period. Seizert Capital Partners LLC’s holdings in Graham were worth $10,979,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in GHC. Smartleaf Asset Management LLC grew its stake in shares of Graham by 55.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 31 shares of the company’s stock worth $27,000 after purchasing an additional 11 shares during the period. Covestor Ltd grew its position in Graham by 8.4% during the third quarter. Covestor Ltd now owns 155 shares of the company’s stock worth $128,000 after buying an additional 12 shares during the period. KBC Group NV boosted its stake in shares of Graham by 36.5% during the 4th quarter. KBC Group NV now owns 142 shares of the company’s stock worth $124,000 after acquiring an additional 38 shares in the last quarter. Principal Securities Inc. grew its holdings in shares of Graham by 30.0% in the 4th quarter. Principal Securities Inc. now owns 182 shares of the company’s stock worth $159,000 after acquiring an additional 42 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its stake in Graham by 44.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company’s stock valued at $126,000 after purchasing an additional 44 shares in the last quarter. 93.16% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CAO Marcel A. Snyman sold 159 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $881.30, for a total value of $140,126.70. Following the sale, the chief accounting officer now directly owns 442 shares of the company’s stock, 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. 20.50% of the stock is owned by company insiders.

Graham Price Performance

Graham stock opened at $951.62 on Wednesday. The firm has a market capitalization of $4.12 billion, a PE ratio of 18.63 and a beta of 1.13. Graham Holdings has a 52 week low of $683.00 and a 52 week high of $993.49. The firm’s 50-day simple moving average is $917.25 and its 200 day simple moving average is $869.21. 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 Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be paid a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend is Thursday, April 17th. Graham’s payout ratio is 4.37%.

About Graham

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.