Fiduciary Management Inc. WI decreased its holdings in Graham Holdings Company (NYSE:GHC) by 0.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 200,938 shares of the company’s stock after selling 1,201 shares during the period. Fiduciary Management Inc. WI owned 3.63% of Graham worth $117,569,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of GHC. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Graham by 24.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 168 shares of the company’s stock valued at $101,000 after acquiring an additional 33 shares in the last quarter. Teacher Retirement System of Texas grew its stake in Graham by 7.2% during the second quarter. Teacher Retirement System of Texas now owns 370 shares of the company’s stock valued at $222,000 after acquiring an additional 25 shares in the last quarter. Shelton Capital Management purchased a new position in Graham during the second quarter valued at approximately $252,000. Cubist Systematic Strategies LLC purchased a new position in Graham during the second quarter valued at approximately $272,000. Finally, Susquehanna International Group LLP purchased a new position in Graham during the second quarter valued at approximately $289,000. Hedge funds and other institutional investors own 69.00% of the company’s stock.

Shares of Graham Holdings Company (NYSE:GHC) traded down $4.55 during trading hours on Wednesday, reaching $580.45. 11,800 shares of the company traded hands, compared to its average volume of 19,199. The stock has a market capitalization of $3,235.64, a PE ratio of 23.84 and a beta of 0.75. Graham Holdings Company has a 12 month low of $490.00 and a 12 month high of $615.85. The company has a current ratio of 1.99, a quick ratio of 1.91 and a debt-to-equity ratio of 0.19.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 9th. Investors of record on Tuesday, October 17th were paid a dividend of $1.27 per share. The ex-dividend date of this dividend was Monday, October 16th. This represents a $5.08 annualized dividend and a yield of 0.88%. Graham’s dividend payout ratio is currently 22.88%.

Graham declared that its Board of Directors has approved a stock repurchase plan on Thursday, November 9th that permits the company to buyback 500,000 shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.

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About Graham

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 (NYSE:GHC)

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