Harrington Investments INC Buys 60 Shares of Graham Holdings (NYSE:GHC)

Harrington Investments INC grew its stake in shares of Graham Holdings (NYSE:GHC – Get Rating) by 5.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 1,268 shares of the company’s stock after acquiring an additional 60 shares during the quarter. Harrington Investments INC’s holdings in Graham were worth $766,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Lafayette Investments Inc. lifted its position in shares of Graham by 2.8% during the 3rd quarter. Lafayette Investments Inc. now owns 4,696 shares of the company’s stock valued at $2,526,000 after acquiring an additional 130 shares during the period. Pathstone Family Office LLC lifted its position in shares of Graham by 87.0% during the 3rd quarter. Pathstone Family Office LLC now owns 11,154 shares of the company’s stock valued at $6,000,000 after acquiring an additional 5,190 shares during the period. Sterling Investment Counsel LLC bought a new stake in shares of Graham during the 3rd quarter valued at $228,000. Carolina Wealth Advisors LLC lifted its position in shares of Graham by 10.8% during the 3rd quarter. Carolina Wealth Advisors LLC now owns 656 shares of the company’s stock valued at $353,000 after acquiring an additional 64 shares during the period. Finally, Sculati Wealth Management LLC lifted its position in shares of Graham by 4.1% during the 2nd quarter. Sculati Wealth Management LLC now owns 1,878 shares of the company’s stock valued at $1,065,000 after acquiring an additional 74 shares during the period. 63.24% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

GHC has been the subject of several recent analyst reports. TheStreet upgraded Graham from a “c” rating to a “b+” rating in a research report on Monday, December 5th. StockNews.com initiated coverage on Graham in a research report on Thursday. They set a “hold” rating for the company.

Graham Price Performance

Shares of GHC stock traded down $10.13 on Friday, hitting $565.53. 55,563 shares of the company’s stock were exchanged, compared to its average volume of 15,959. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.45 and a quick ratio of 1.26. Graham Holdings has a 12 month low of $525.58 and a 12 month high of $681.70. The stock has a market cap of $2.71 billion, a P/E ratio of 41.77 and a beta of 1.03. The company has a 50 day moving average of $631.82 and a 200 day moving average of $608.30.

Graham Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 11th. Shareholders of record on Thursday, April 20th will be given a $1.65 dividend. The ex-dividend date of this dividend is Wednesday, April 19th. This represents a $6.60 annualized dividend and a yield of 1.17%. Graham’s dividend payout ratio is presently 48.74%.

Insider Buying and Selling at Graham

In other Graham news, CAO Marcel A. Snyman sold 128 shares of the stock in a transaction dated Monday, January 9th. The stock was sold at an average price of $617.68, for a total value of $79,063.04. Following the completion of the transaction, the chief accounting officer now directly owns 456 shares in the company, valued at $281,662.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Graham news, CAO Marcel A. Snyman sold 72 shares of the stock in a transaction dated Wednesday, January 4th. The stock was sold at an average price of $611.06, for a total value of $43,996.32. Following the completion of the transaction, the chief accounting officer now directly owns 584 shares in the company, valued at $356,859.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Marcel A. Snyman sold 128 shares of the stock in a transaction dated Monday, January 9th. The shares were sold at an average price of $617.68, for a total value of $79,063.04. Following the completion of the transaction, the chief accounting officer now owns 456 shares of the company’s stock, valued at $281,662.08. The disclosure for this sale can be found here. Corporate insiders own 20.50% of the company’s stock.

About Graham

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Graham Holdings Co engages in the provision of education and media services. It operates through the following segments: Education, Television Broadcasting, Manufacturing, Healthcare, SocialCode, and Other Businesses. The Education segment includes professional training and postsecondary education businesses largely outside the U.S.