State Street Corp increased its position in Graham Holdings Co. (NYSE:GHC) by 2.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 107,587 shares of the company’s stock after buying an additional 2,719 shares during the period. State Street Corp’s holdings in Graham Holdings were worth $51,637,000 as of its most recent filing with the SEC.
Other hedge funds also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Graham Holdings during the fourth quarter worth about $29,197,000. Schroder Investment Management Group increased its stake in shares of Graham Holdings by 26.4% in the fourth quarter. Schroder Investment Management Group now owns 248,874 shares of the company’s stock worth $120,696,000 after buying an additional 51,989 shares during the period. Morgan Stanley increased its stake in shares of Graham Holdings by 150.7% in the fourth quarter. Morgan Stanley now owns 31,802 shares of the company’s stock worth $15,424,000 after buying an additional 19,116 shares during the period. Tappan Street Partners LLC bought a new stake in shares of Graham Holdings during the fourth quarter worth about $8,244,000. Finally, Marshall Wace LLP increased its stake in shares of Graham Holdings by 230.9% in the fourth quarter. Marshall Wace LLP now owns 8,151 shares of the company’s stock worth $3,953,000 after buying an additional 5,688 shares during the period.
Shares of Graham Holdings Co. (NYSE:GHC) traded up 0.11% during mid-day trading on Thursday, hitting $507.22. The company had a trading volume of 8,054 shares. The firm has a 50-day moving average of $497.64 and a 200-day moving average of $485.38. Graham Holdings Co. has a 12 month low of $425.14 and a 12 month high of $715.00.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 10th. Investors of record on Wednesday, July 20th will be issued a dividend of $1.21 per share. This represents a $4.84 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date is Monday, July 18th.
Separately, TheStreet downgraded Graham Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, June 28th.
Graham Holdings Company, formerly The Washington Post Company, is a diversified education and media company whose principal operations include educational services, television broadcasting, cable television systems, and online, print and local TV news. The Company owns Kaplan, a provider of educational services to individuals, schools and businesses, serving over one million students annually with operations in more than 30 countries.
