AMI Investment Management Inc. Sells 52 Shares of Graham Holdings (NYSE:GHC)

AMI Investment Management Inc. decreased its stake in Graham Holdings (NYSE:GHC) by 1.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,189 shares of the company’s stock after selling 52 shares during the quarter. Graham accounts for about 1.2% of AMI Investment Management Inc.’s portfolio, making the stock its 28th largest position. AMI Investment Management Inc. owned approximately 0.10% of Graham worth $3,652,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Daiwa Securities Group Inc. raised its position in shares of Graham by 558.3% in the 3rd quarter. Daiwa Securities Group Inc. now owns 79 shares of the company’s stock valued at $65,000 after acquiring an additional 67 shares during the period. KBC Group NV raised its holdings in Graham by 60.0% in the third quarter. KBC Group NV now owns 104 shares of the company’s stock worth $85,000 after purchasing an additional 39 shares during the period. Covestor Ltd boosted its position in shares of Graham by 8.4% during the third quarter. Covestor Ltd now owns 155 shares of the company’s stock worth $128,000 after purchasing an additional 12 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Graham in the 3rd quarter valued at $168,000. Finally, Mount Yale Investment Advisors LLC bought a new stake in shares of Graham in the 3rd quarter valued at $189,000. Institutional investors own 93.16% of the company’s stock.

Graham Price Performance

Shares of GHC opened at $906.25 on Monday. The stock has a 50 day simple moving average of $908.54 and a 200 day simple moving average of $825.79. Graham Holdings has a 52-week low of $683.00 and a 52-week high of $974.00. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57. The firm has a market capitalization of $3.92 billion, a PE ratio of 17.75 and a beta of 1.14.

Graham Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Monday, February 3rd will be given a dividend of $1.80 per share. This is an increase from Graham’s previous quarterly dividend of $1.72. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $7.20 annualized dividend and a dividend yield of 0.79%. Graham’s dividend payout ratio is currently 13.47%.

Wall Street Analyst Weigh In

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

Insider Activity at Graham

In other Graham news, CAO Marcel A. Snyman sold 159 shares of Graham stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $881.30, for a total value of $140,126.70. Following the sale, the chief accounting officer now owns 442 shares of the company’s stock, valued at $389,534.60. This trade represents a 26.46 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 32.30% of the stock is currently owned by insiders.

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.