Gotham Asset Management LLC Reduces Stake in Graham Holdings Company (GHC)

Gotham Asset Management LLC cut its position in Graham Holdings Company (NYSE:GHC) by 38.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,285 shares of the company’s stock after selling 3,954 shares during the quarter. Gotham Asset Management LLC owned 0.14% of Graham Holdings worth $3,769,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of GHC. UBS Asset Management Americas Inc. grew its stake in shares of Graham Holdings by 2.1% in the first quarter. UBS Asset Management Americas Inc. now owns 3,191 shares of the company’s stock valued at $1,913,000 after buying an additional 66 shares in the last quarter. Karp Capital Management Corp acquired a new stake in shares of Graham Holdings in the first quarter valued at $556,000. Prudential Financial Inc. grew its stake in shares of Graham Holdings by 65.8% in the first quarter. Prudential Financial Inc. now owns 4,611 shares of the company’s stock valued at $2,765,000 after buying an additional 1,830 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Graham Holdings in the first quarter valued at $609,000. Finally, Neuberger Berman Group LLC acquired a new stake in shares of Graham Holdings in the first quarter valued at $270,000. 69.06% of the stock is owned by institutional investors and hedge funds.

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

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The business also recently declared a quarterly dividend, which will be paid on Thursday, November 9th. Investors of record on Tuesday, October 17th will be issued a $1.27 dividend. The ex-dividend date is Monday, October 16th. This represents a $5.08 annualized dividend and a yield of 0.89%. Graham Holdings’s dividend payout ratio is currently 21.48%.

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

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