Arrowstreet Capital Limited Partnership Purchases 8,615 Shares of Graham Holdings (NYSE:GHC)

Arrowstreet Capital Limited Partnership lifted its stake in Graham Holdings (NYSE:GHC - Free Report) by 84.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,837 shares of the company's stock after purchasing an additional 8,615 shares during the period. Arrowstreet Capital Limited Partnership owned 0.44% of Graham worth $16,424,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Cerity Partners LLC lifted its holdings in Graham by 9.0% in the third quarter. Cerity Partners LLC now owns 631 shares of the company's stock worth $519,000 after buying an additional 52 shares during the period. FMR LLC lifted its stake in shares of Graham by 358.3% in the 3rd quarter. FMR LLC now owns 4,766 shares of the company's stock valued at $3,916,000 after purchasing an additional 3,726 shares during the period. BNP Paribas Financial Markets boosted its position in shares of Graham by 37.0% during the third quarter. BNP Paribas Financial Markets now owns 899 shares of the company's stock valued at $739,000 after purchasing an additional 243 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in Graham in the third quarter worth $1,036,000. Finally, XTX Topco Ltd bought a new position in Graham in the third quarter worth $583,000. Institutional investors own 93.16% of the company's stock.

Analysts Set New Price Targets

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

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Graham Stock Up 5.7 %

GHC traded up $50.08 during midday trading on Wednesday, reaching $934.10. The company's stock had a trading volume of 33,116 shares, compared to its average volume of 16,807. Graham Holdings has a 1 year low of $683.00 and a 1 year high of $1,003.53. The stock's 50-day moving average is $944.23 and its 200-day moving average is $900.59. The firm has a market capitalization of $4.05 billion, a price-to-earnings ratio of 18.29 and a beta of 0.92. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18.

Graham Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be given a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date is Thursday, April 17th. Graham's dividend payout ratio (DPR) is presently 4.37%.

Graham Company 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.