Bridgewater Associates LP Lowers Stock Holdings in Graham Holdings (NYSE:GHC)

Bridgewater Associates LP lessened its holdings in Graham Holdings (NYSE:GHC) by 25.0% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 4,012 shares of the company’s stock after selling 1,335 shares during the period. Bridgewater Associates LP’s holdings in Graham were worth $3,297,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Innealta Capital LLC bought a new position in Graham in the 2nd quarter worth approximately $35,000. Daiwa Securities Group Inc. grew its stake in Graham by 558.3% during the third quarter. Daiwa Securities Group Inc. now owns 79 shares of the company’s stock valued at $65,000 after acquiring an additional 67 shares in the last quarter. Whittier Trust Co. bought a new stake in Graham in the 2nd quarter valued at $70,000. Headlands Technologies LLC purchased a new stake in Graham in the 2nd quarter worth $76,000. Finally, KBC Group NV boosted its holdings in shares of Graham by 60.0% during the 3rd quarter. KBC Group NV now owns 104 shares of the company’s stock valued at $85,000 after purchasing an additional 39 shares during the last quarter. 62.54% of the stock is owned by institutional investors.

Graham Stock Down 0.6 %

Shares of GHC opened at $931.12 on Friday. 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 $4.03 billion, a price-to-earnings ratio of 18.23 and a beta of 1.11. Graham Holdings has a 1 year low of $621.20 and a 1 year high of $972.13. The business’s 50 day simple moving average is $854.43 and its 200-day simple moving average is $783.07.

Graham Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Thursday, October 17th were given a dividend of $1.72 per share. The ex-dividend date of this dividend was Thursday, October 17th. This represents a $6.88 annualized dividend and a yield of 0.74%. Graham’s dividend payout ratio (DPR) is currently 13.47%.

Analyst Ratings Changes

Separately, StockNews.com raised Graham from a “hold” rating to a “buy” rating in a report on Monday, November 4th.

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.