Graham Holdings Company (GHC) Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System reduced its stake in Graham Holdings Company (NYSE:GHC) by 9.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,038 shares of the company’s stock after selling 879 shares during the period. California State Teachers Retirement System owned about 0.17% of Graham Holdings worth $4,820,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. BlackRock Inc. boosted its stake in shares of Graham Holdings by 11,394.4% in the 1st quarter. BlackRock Inc. now owns 365,638 shares of the company’s stock valued at $219,217,000 after purchasing an additional 362,457 shares in the last quarter. Arizona State Retirement System boosted its stake in shares of Graham Holdings by 5.3% in the 2nd quarter. Arizona State Retirement System now owns 2,000 shares of the company’s stock valued at $1,199,000 after purchasing an additional 100 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Graham Holdings by 147.8% in the 2nd quarter. SG Americas Securities LLC now owns 2,515 shares of the company’s stock valued at $1,508,000 after purchasing an additional 1,500 shares in the last quarter. Meeder Asset Management Inc. boosted its stake in shares of Graham Holdings by 352.8% in the 2nd quarter. Meeder Asset Management Inc. now owns 815 shares of the company’s stock valued at $489,000 after purchasing an additional 635 shares in the last quarter. Finally, Cornerstone Capital Management Holdings LLC. boosted its stake in shares of Graham Holdings by 212.9% in the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 12,768 shares of the company’s stock valued at $7,655,000 after purchasing an additional 8,688 shares in the last quarter. Institutional investors own 69.27% of the company’s stock.

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The company also recently announced a quarterly dividend, which will be paid on Thursday, November 9th. Shareholders of record on Tuesday, October 17th will be paid a $1.27 dividend. This represents a $5.08 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend is Monday, October 16th. Graham Holdings’s dividend payout ratio is currently 21.48%.

Several equities research analysts recently commented on GHC shares. TheStreet downgraded shares of Graham Holdings from a “b-” rating to a “c+” rating in a research report on Wednesday, August 2nd. BidaskClub upgraded shares of Graham Holdings from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd.

About Graham Holdings

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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