Graham Holdings (NYSE:GHC) Shares Sold by Crawford Fund Management LLC

Crawford Fund Management LLC reduced its holdings in Graham Holdings (NYSE:GHC) by 22.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 6,120 shares of the company’s stock after selling 1,789 shares during the quarter. Graham comprises approximately 1.1% of Crawford Fund Management LLC’s investment portfolio, making the stock its 15th biggest holding. Crawford Fund Management LLC’s holdings in Graham were worth $5,029,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in GHC. Price T Rowe Associates Inc. MD increased its stake in Graham by 4.9% in the first quarter. Price T Rowe Associates Inc. MD now owns 2,355 shares of the company’s stock valued at $1,808,000 after purchasing an additional 109 shares during the last quarter. Tidal Investments LLC purchased a new stake in Graham during the first quarter valued at about $857,000. Virtu Financial LLC grew its position in Graham by 24.8% during the first quarter. Virtu Financial LLC now owns 533 shares of the company’s stock valued at $408,000 after acquiring an additional 106 shares during the period. Cetera Investment Advisers grew its position in Graham by 5.7% during the first quarter. Cetera Investment Advisers now owns 7,070 shares of the company’s stock valued at $5,427,000 after acquiring an additional 379 shares during the period. Finally, Cetera Advisors LLC purchased a new stake in Graham during the first quarter valued at about $5,256,000. 62.54% of the stock is currently owned by institutional investors and hedge funds.

Graham Price Performance

GHC stock opened at $936.58 on Friday. The stock has a 50-day moving average price of $851.72 and a two-hundred day moving average price of $781.76. Graham Holdings has a 12-month low of $618.84 and a 12-month high of $972.13. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. The company has a market cap of $4.06 billion, a PE ratio of 18.34 and a beta of 1.11.

Graham Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Thursday, October 17th were given a $1.72 dividend. This represents a $6.88 annualized dividend and a dividend yield of 0.73%. The ex-dividend date was Thursday, October 17th. Graham’s payout ratio is 13.47%.

Analysts Set New Price Targets

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

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.