Teachers Retirement System of The State of Kentucky Decreases Stock Holdings in Graham Holdings (NYSE:GHC)

Teachers Retirement System of The State of Kentucky lessened its position in Graham Holdings (NYSE:GHC) by 1.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,246 shares of the company’s stock after selling 20 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Graham were worth $1,086,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of GHC. Smartleaf Asset Management LLC raised its position in Graham by 55.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 31 shares of the company’s stock valued at $27,000 after purchasing an additional 11 shares during the last quarter. KBC Group NV boosted its holdings in Graham by 36.5% in the fourth quarter. KBC Group NV now owns 142 shares of the company’s stock valued at $124,000 after acquiring an additional 38 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in Graham by 44.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company’s stock worth $126,000 after purchasing an additional 44 shares in the last quarter. Principal Securities Inc. lifted its position 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 purchasing an additional 42 shares during the period. Finally, GeoWealth Management LLC bought a new stake in shares of Graham during the 4th quarter valued at about $197,000. Hedge funds and other institutional investors own 93.16% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Graham from a “strong-buy” rating to a “buy” rating in a report on Wednesday, April 23rd.

Graham Price Performance

Shares of GHC stock opened at $915.29 on Monday. Graham Holdings has a twelve month low of $683.00 and a twelve month high of $1,003.53. The stock has a market cap of $3.97 billion, a price-to-earnings ratio of 17.92 and a beta of 0.92. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18. The business’s fifty day moving average is $935.74 and its 200 day moving average is $910.02.

Graham Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 17th will be issued a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date is Thursday, April 17th. Graham’s dividend payout ratio (DPR) is presently 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.