Commonwealth Bank of Australia cut its stake in Graham Holdings Company (NYSE:GHC) by 14.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 585 shares of the company’s stock after selling 100 shares during the period. Commonwealth Bank of Australia’s holdings in Graham Holdings were worth $350,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Graham Holdings by 24.4% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 168 shares of the company’s stock valued at $101,000 after acquiring an additional 33 shares in the last quarter. Meeder Asset Management Inc. bought a new position in shares of Graham Holdings in the first quarter valued at approximately $108,000. Teacher Retirement System of Texas bought a new position in shares of Graham Holdings in the first quarter valued at approximately $207,000. Martingale Asset Management L P bought a new position in shares of Graham Holdings in the first quarter valued at approximately $210,000. Finally, Oakbrook Investments LLC boosted its holdings in shares of Graham Holdings by 1.7% in the second quarter. Oakbrook Investments LLC now owns 356 shares of the company’s stock valued at $213,000 after acquiring an additional 6 shares in the last quarter. Institutional investors and hedge funds own 69.06% of the company’s stock.

Several research analysts have recently issued reports on the stock. BidaskClub cut shares of Graham Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. TheStreet cut shares of Graham Holdings from a “b-” rating to a “c+” rating in a report on Wednesday, August 2nd.

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Graham Holdings Company (GHC) opened at 562.80 on Monday. Graham Holdings Company has a 12-month low of $440.55 and a 12-month high of $615.85. The stock has a 50 day moving average of $580.84 and a 200 day moving average of $590.34.

The business 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 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date of this dividend is Monday, October 16th. Graham Holdings’s dividend payout ratio is presently 21.48%.

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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