Alliancebernstein L.P. Has $10.32 Million Holdings in Graham Holdings (NYSE:GHC)

Alliancebernstein L.P. lifted its holdings in shares of Graham Holdings (NYSE:GHC - Free Report) by 63.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,830 shares of the company's stock after purchasing an additional 4,584 shares during the quarter. Alliancebernstein L.P. owned 0.27% of Graham worth $10,315,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. FMR LLC raised its holdings in Graham by 358.3% during the 3rd quarter. FMR LLC now owns 4,766 shares of the company's stock worth $3,916,000 after buying an additional 3,726 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of Graham by 37.0% during the third quarter. BNP Paribas Financial Markets now owns 899 shares of the company's stock worth $739,000 after acquiring an additional 243 shares during the period. XTX Topco Ltd bought a new stake in Graham in the 3rd quarter valued at $583,000. MML Investors Services LLC bought a new position in Graham during the 3rd quarter worth about $203,000. Finally, Barclays PLC increased its holdings in Graham by 32.4% during the 3rd quarter. Barclays PLC now owns 13,601 shares of the company's stock worth $11,176,000 after purchasing an additional 3,327 shares in the last quarter. Institutional investors own 93.16% of the company's stock.

Graham Stock Up 0.8 %

Shares of NYSE GHC traded up $7.59 during midday trading on Tuesday, reaching $923.21. The company's stock had a trading volume of 13,317 shares, compared to its average volume of 16,951. The stock has a 50 day simple moving average of $942.89 and a 200-day simple moving average of $903.43. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $4.01 billion, a price-to-earnings ratio of 18.08 and a beta of 0.92. Graham Holdings has a fifty-two week low of $683.00 and a fifty-two week high of $1,003.53.

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Graham Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 8th. Stockholders of record on Thursday, April 17th will be paid a dividend of $1.80 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.78%. Graham's dividend payout ratio is 4.37%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Graham from a "buy" rating to a "strong-buy" rating in a report on Saturday, March 29th.

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.