Teacher Retirement System of Texas boosted its position in Graham Holdings Co. (NYSE:GHC) by 13.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 638 shares of the company’s stock after buying an additional 77 shares during the period. Teacher Retirement System of Texas’ holdings in Graham Holdings were worth $312,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently made changes to their positions in GHC. Schroder Investment Management Group boosted its position in Graham Holdings by 13.3% in the second quarter. Schroder Investment Management Group now owns 306,880 shares of the company’s stock worth $150,230,000 after buying an additional 36,095 shares during the period. State Street Corp boosted its position in Graham Holdings by 2.6% in the first quarter. State Street Corp now owns 107,587 shares of the company’s stock worth $51,637,000 after buying an additional 2,719 shares during the period. Renaissance Technologies LLC boosted its position in Graham Holdings by 73.0% in the first quarter. Renaissance Technologies LLC now owns 55,000 shares of the company’s stock worth $26,400,000 after buying an additional 23,200 shares during the period. Geode Capital Management LLC boosted its position in Graham Holdings by 3.6% in the first quarter. Geode Capital Management LLC now owns 27,884 shares of the company’s stock worth $13,383,000 after buying an additional 971 shares during the period. Finally, Southpoint Capital Advisors LP bought a new position in Graham Holdings during the first quarter worth $12,000,000. Institutional investors own 68.38% of the company’s stock.
Shares of Graham Holdings Co. (NYSE:GHC) opened at 467.89 on Friday. Graham Holdings Co. has a 52 week low of $425.14 and a 52 week high of $600.10. The company has a 50-day moving average of $493.86 and a 200-day moving average of $492.93.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 10th. Shareholders of record on Wednesday, October 19th will be issued a $1.21 dividend. This represents a $4.84 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend is Monday, October 17th. Graham Holdings’s dividend payout ratio is presently -34.13%.
Separately, TheStreet cut shares of Graham Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, June 28th.
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.