Quantinno Capital Management LP Sells 418 Shares of Graham Holdings (NYSE:GHC)

Quantinno Capital Management LP cut its position in Graham Holdings (NYSE:GHC) by 7.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,387 shares of the company’s stock after selling 418 shares during the quarter. Quantinno Capital Management LP owned 0.12% of Graham worth $4,427,000 as of its most recent SEC filing.

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

Graham Stock Performance

NYSE:GHC opened at $941.32 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57. Graham Holdings has a fifty-two week low of $638.96 and a fifty-two week high of $972.13. The company has a 50 day simple moving average of $868.72 and a two-hundred day simple moving average of $789.60. The company has a market capitalization of $4.08 billion, a PE ratio of 18.43 and a beta of 1.13.

Graham Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Thursday, October 17th were paid a dividend of $1.72 per share. This represents a $6.88 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend was Thursday, October 17th. Graham’s dividend payout ratio is presently 13.47%.

Wall Street Analysts Forecast Growth

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

Graham 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.