Mason Street Advisors LLC acquired a new position in shares of Graham Holdings Co. (NYSE:GHC) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,953 shares of the company’s stock, valued at approximately $956,000.
A number of other large investors have also made changes to their positions in the stock. Fiduciary Management Inc. WI raised its stake in shares of Graham Holdings by 48.5% in the second quarter. Fiduciary Management Inc. WI now owns 152,229 shares of the company’s stock worth $74,522,000 after buying an additional 49,741 shares in the last quarter. Schroder Investment Management Group raised its stake in shares of Graham Holdings by 13.3% in the second quarter. Schroder Investment Management Group now owns 306,880 shares of the company’s stock worth $150,230,000 after buying an additional 36,095 shares in the last quarter. Southpoint Capital Advisors LP acquired a new stake in shares of Graham Holdings during the first quarter worth $12,000,000. Renaissance Technologies LLC raised its stake in shares of Graham Holdings by 73.0% in the first quarter. Renaissance Technologies LLC now owns 55,000 shares of the company’s stock worth $26,400,000 after buying an additional 23,200 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its stake in shares of Graham Holdings by 413.6% in the first quarter. Jacobs Levy Equity Management Inc. now owns 21,965 shares of the company’s stock worth $10,543,000 after buying an additional 17,688 shares in the last quarter. 68.38% of the stock is currently owned by institutional investors.
Shares of Graham Holdings Co. (NYSE:GHC) opened at 487.04 on Wednesday. The stock’s 50 day moving average is $503.88 and its 200-day moving average is $493.02. Graham Holdings Co. has a 52-week low of $425.14 and a 52-week high of $607.88.
The business also recently announced a quarterly dividend, which will be paid on Thursday, November 10th. Stockholders of record on Wednesday, October 19th will be paid a $1.21 dividend. The ex-dividend date of this dividend is Monday, October 17th. This represents a $4.84 dividend on an annualized basis and a dividend yield of 0.99%. Graham Holdings’s dividend payout ratio (DPR) is presently -34.13%.
Separately, TheStreet lowered Graham Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, June 28th.
Graham Holdings Company 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.
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