AlphaQuest LLC lessened its stake in Graham Holdings (NYSE:GHC - Free Report) by 91.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 106 shares of the company's stock after selling 1,170 shares during the quarter. AlphaQuest LLC's holdings in Graham were worth $92,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new stake in shares of Graham in the 4th quarter valued at approximately $26,773,000. JPMorgan Chase & Co. lifted its holdings in Graham by 10.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company's stock valued at $17,361,000 after purchasing an additional 1,941 shares during the last quarter. Barclays PLC boosted its position in Graham by 32.4% during the third quarter. Barclays PLC now owns 13,601 shares of the company's stock worth $11,176,000 after purchasing an additional 3,327 shares during the period. Franklin Resources Inc. boosted its position in Graham by 8.6% during the third quarter. Franklin Resources Inc. now owns 10,311 shares of the company's stock worth $8,344,000 after purchasing an additional 819 shares during the period. Finally, New York State Teachers Retirement System boosted its position in Graham by 4.8% during the fourth quarter. New York State Teachers Retirement System now owns 4,805 shares of the company's stock worth $4,190,000 after purchasing an additional 218 shares during the period. Institutional investors and hedge funds own 93.16% of the company's stock.
Insiders Place Their Bets
In other Graham news, CAO Marcel A. Snyman sold 159 shares of Graham stock in a transaction on Monday, January 6th. The shares were sold at an average price of $881.30, for a total transaction of $140,126.70. Following the completion of the transaction, the chief accounting officer now directly owns 442 shares of the company's stock, valued at $389,534.60. The trade was a 26.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 20.50% of the company's stock.
Graham Stock Performance
GHC stock traded down $21.43 during midday trading on Friday, reaching $939.62. 90,190 shares of the company were exchanged, compared to its average volume of 15,631. 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 business has a 50-day moving average price of $933.18 and a two-hundred day moving average price of $882.18. Graham Holdings has a one year low of $683.00 and a one year high of $993.49. The firm has a market capitalization of $4.08 billion, a price-to-earnings ratio of 18.40 and a beta of 1.12.
Graham Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 17th will be given a dividend of $1.80 per share. The ex-dividend date is Thursday, April 17th. This represents a $7.20 dividend on an annualized basis and a yield of 0.77%. Graham's dividend payout ratio (DPR) is 4.37%.
Graham Company Profile
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Free Report)
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.
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