Crawford Fund Management LLC Decreases Stake in Graham Holdings (NYSE:GHC)

Crawford Fund Management LLC cut its holdings in Graham Holdings (NYSE:GHC) by 22.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,120 shares of the company’s stock after selling 1,789 shares during the quarter. Graham accounts for 1.1% of Crawford Fund Management LLC’s portfolio, making the stock its 15th biggest holding. Crawford Fund Management LLC owned 0.14% of Graham worth $5,029,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Raymond James Financial Services Advisors Inc. raised its holdings in Graham by 31.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 30,332 shares of the company’s stock worth $21,219,000 after purchasing an additional 7,179 shares during the last quarter. American Century Companies Inc. raised its holdings in Graham by 80.3% during the second quarter. American Century Companies Inc. now owns 20,109 shares of the company’s stock worth $14,067,000 after purchasing an additional 8,953 shares during the last quarter. VELA Investment Management LLC raised its holdings in Graham by 13.7% during the second quarter. VELA Investment Management LLC now owns 9,839 shares of the company’s stock worth $6,883,000 after purchasing an additional 1,188 shares during the last quarter. Cetera Investment Advisers raised its holdings in Graham by 7.2% during the second quarter. Cetera Investment Advisers now owns 7,578 shares of the company’s stock worth $5,301,000 after purchasing an additional 508 shares during the last quarter. Finally, Denali Advisors LLC raised its holdings in Graham by 25.8% during the second quarter. Denali Advisors LLC now owns 7,300 shares of the company’s stock worth $5,107,000 after purchasing an additional 1,498 shares during the last quarter. 62.54% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Graham Stock Performance

NYSE GHC opened at $936.58 on Friday. Graham Holdings has a fifty-two week low of $618.84 and a fifty-two week high of $972.13. The stock has a market cap of $4.06 billion, a price-to-earnings ratio of 18.34 and a beta of 1.11. The business has a fifty day moving average of $851.72 and a 200-day moving average of $781.76. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18.

Graham Announces Dividend

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

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.