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

AMI Investment Management Inc. lowered its holdings in Graham Holdings (NYSE:GHC) by 1.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,189 shares of the company’s stock after selling 52 shares during the period. Graham comprises about 1.2% of AMI Investment Management Inc.’s portfolio, making the stock its 28th largest holding. AMI Investment Management Inc.’s holdings in Graham were worth $3,652,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GHC. American Century Companies Inc. grew its holdings in shares of Graham by 80.3% in the 2nd quarter. American Century Companies Inc. now owns 20,109 shares of the company’s stock valued at $14,067,000 after acquiring an additional 8,953 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in Graham by 3.5% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 447 shares of the company’s stock valued at $313,000 after purchasing an additional 15 shares in the last quarter. Inspire Investing LLC increased its position in shares of Graham by 6.4% during the 2nd quarter. Inspire Investing LLC now owns 500 shares of the company’s stock worth $350,000 after purchasing an additional 30 shares during the last quarter. King Luther Capital Management Corp bought a new stake in shares of Graham during the 2nd quarter worth approximately $340,000. Finally, Pacer Advisors Inc. raised its stake in shares of Graham by 82.8% during the 2nd quarter. Pacer Advisors Inc. now owns 969 shares of the company’s stock worth $678,000 after purchasing an additional 439 shares in the last quarter. 93.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CAO Marcel A. Snyman sold 159 shares of the stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $881.30, for a total value of $140,126.70. Following the transaction, the chief accounting officer now directly owns 442 shares of the company’s stock, valued at $389,534.60. This represents a 26.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 32.30% of the company’s stock.

Analyst Upgrades and Downgrades

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

Graham Stock Up 0.6 %

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

Graham Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Monday, February 3rd will be paid a $1.80 dividend. This is a positive change from Graham’s previous quarterly dividend of $1.72. The ex-dividend date is Monday, February 3rd. This represents a $7.20 annualized dividend and a yield of 0.79%. Graham’s dividend payout ratio is currently 13.47%.

Graham 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.