Haverford Financial Services Inc. acquired a new position in shares of Graham Holdings Company (NYSE:GHC) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 837 shares of the company’s stock, valued at approximately $490,000.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Graham Holdings by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 364,823 shares of the company’s stock valued at $218,766,000 after purchasing an additional 4,700 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Graham Holdings by 13.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 220,985 shares of the company’s stock valued at $132,512,000 after purchasing an additional 25,979 shares during the period. State Street Corp raised its holdings in shares of Graham Holdings by 6.7% in the 2nd quarter. State Street Corp now owns 123,336 shares of the company’s stock valued at $73,967,000 after purchasing an additional 7,756 shares during the period. Northern Trust Corp raised its holdings in shares of Graham Holdings by 4.4% in the 2nd quarter. Northern Trust Corp now owns 81,724 shares of the company’s stock valued at $49,005,000 after purchasing an additional 3,449 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in shares of Graham Holdings by 1.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 76,990 shares of the company’s stock valued at $45,046,000 after purchasing an additional 925 shares during the period. Institutional investors own 69.72% of the company’s stock.

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A number of brokerages have recently issued reports on GHC. BidaskClub raised shares of Graham Holdings from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. TheStreet cut shares of Graham Holdings from a “b-” rating to a “c+” rating in a report on Wednesday, August 2nd.

Shares of Graham Holdings Company (GHC) traded down $0.90 during mid-day trading on Friday, hitting $567.75. 8,500 shares of the stock were exchanged, compared to its average volume of 19,334. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.91 and a current ratio of 1.99. The company has a market cap of $3,140.23, a PE ratio of 23.14 and a beta of 0.73. Graham Holdings Company has a 12 month low of $477.90 and a 12 month high of $615.85.

The business also recently declared a quarterly dividend, which was paid on Thursday, November 9th. Shareholders of record on Tuesday, October 17th were issued a $1.27 dividend. The ex-dividend date was Monday, October 16th. This represents a $5.08 annualized dividend and a yield of 0.89%. Graham Holdings’s dividend payout ratio is currently 22.88%.

Graham Holdings declared that its board has authorized a stock buyback plan on Thursday, November 9th that authorizes the company to repurchase 500,000 outstanding shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Graham Holdings Profile

Graham Holdings Company, formerly The Washington Post Company, is a diversified education and media company whose principal operations include educational services, television broadcasting, cable television systems, and online, print and local TV news. The Company owns Kaplan, a provider of educational services to individuals, schools and businesses, serving over one million students annually with operations in more than 30 countries.

Institutional Ownership by Quarter for Graham Holdings (NYSE:GHC)

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