MetLife Investment Management LLC Has $2.92 Million Stake in Graham Holdings (NYSE:GHC)

MetLife Investment Management LLC lessened its position in Graham Holdings (NYSE:GHC) by 4.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,549 shares of the company’s stock after selling 147 shares during the period. MetLife Investment Management LLC owned 0.08% of Graham worth $2,916,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Innealta Capital LLC acquired a new position in shares of Graham in the second quarter valued at approximately $35,000. Daiwa Securities Group Inc. grew its holdings in Graham by 558.3% during the 3rd quarter. Daiwa Securities Group Inc. now owns 79 shares of the company’s stock worth $65,000 after acquiring an additional 67 shares during the last quarter. Whittier Trust Co. bought a new stake in Graham during the 2nd quarter worth approximately $70,000. Headlands Technologies LLC bought a new stake in Graham during the 2nd quarter worth approximately $76,000. Finally, KBC Group NV grew its holdings in Graham by 60.0% during the 3rd quarter. KBC Group NV now owns 104 shares of the company’s stock worth $85,000 after acquiring an additional 39 shares during the last quarter. 62.54% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Graham Trading Down 0.9 %

GHC opened at $946.46 on Wednesday. Graham Holdings has a fifty-two week low of $628.50 and a fifty-two week high of $972.13. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34. The firm has a market capitalization of $4.10 billion, a price-to-earnings ratio of 18.53 and a beta of 1.13. The company’s 50 day moving average price is $860.45 and its two-hundred day moving average price is $785.79.

Graham Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Thursday, October 17th were given a $1.72 dividend. The ex-dividend date was Thursday, October 17th. This represents a $6.88 dividend on an annualized basis and a dividend yield of 0.73%. Graham’s dividend payout ratio (DPR) is currently 13.47%.

About Graham

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.