QRG Capital Management Inc. Has $577,000 Stake in Graham Holdings (NYSE:GHC)

QRG Capital Management Inc. reduced its position in shares of Graham Holdings (NYSE:GHC) by 5.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 662 shares of the company’s stock after selling 36 shares during the quarter. QRG Capital Management Inc.’s holdings in Graham were worth $577,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Daiwa Securities Group Inc. boosted its position in Graham by 558.3% during the 3rd quarter. Daiwa Securities Group Inc. now owns 79 shares of the company’s stock worth $65,000 after acquiring an additional 67 shares during the last quarter. KBC Group NV lifted its position in shares of Graham by 60.0% in the third quarter. KBC Group NV now owns 104 shares of the company’s stock worth $85,000 after purchasing an additional 39 shares in the last quarter. Covestor Ltd boosted its holdings in Graham by 8.4% during the third quarter. Covestor Ltd now owns 155 shares of the company’s stock worth $128,000 after purchasing an additional 12 shares during the last quarter. Principal Securities Inc. grew its position in Graham by 30.0% in the fourth quarter. Principal Securities Inc. now owns 182 shares of the company’s stock valued at $159,000 after purchasing an additional 42 shares in the last quarter. Finally, Empirical Asset Management LLC acquired a new stake in Graham in the 4th quarter valued at $204,000. 93.16% of the stock is currently owned by institutional investors.

Insider Activity at Graham

In other news, CAO Marcel A. Snyman sold 159 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $881.30, for a total transaction of $140,126.70. Following the sale, the chief accounting officer now owns 442 shares in the company, valued at $389,534.60. This represents a 26.46 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Insiders own 20.50% of the company’s stock.

Graham Trading Down 1.6 %

Shares of NYSE:GHC opened at $951.62 on Wednesday. The company’s 50-day moving average price is $917.25 and its two-hundred day moving average price is $869.21. Graham Holdings has a one year low of $683.00 and a one year high of $993.49. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34. The stock has a market capitalization of $4.12 billion, a PE ratio of 18.63 and a beta of 1.13.

Graham Announces Dividend

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

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.