590 Shares in Graham Holdings (NYSE:GHC) Bought by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. bought a new position in shares of Graham Holdings (NYSE:GHC - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 590 shares of the company's stock, valued at approximately $514,000.

A number of other hedge funds also recently modified their holdings of the stock. Millennium Management LLC acquired a new position in shares of Graham in the second quarter valued at approximately $2,743,000. FMR LLC increased its stake in shares of Graham by 358.3% in the third quarter. FMR LLC now owns 4,766 shares of the company's stock valued at $3,916,000 after buying an additional 3,726 shares during the period. Barclays PLC raised its position in shares of 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 acquiring an additional 3,327 shares during the last quarter. Autumn Glory Partners LLC raised its position in shares of Graham by 100.0% during the third quarter. Autumn Glory Partners LLC now owns 4,342 shares of the company's stock worth $3,568,000 after acquiring an additional 2,171 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Graham by 10.1% in the third quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company's stock worth $17,361,000 after acquiring an additional 1,941 shares during the period. Institutional investors own 93.16% of the company's stock.

Insider Activity at Graham

In related news, CAO Marcel A. Snyman sold 159 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $881.30, for a total value of $140,126.70. Following the completion of the sale, the chief accounting officer now directly owns 442 shares of the company's stock, valued at approximately $389,534.60. This represents a 26.46 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 20.50% of the stock is owned by insiders.

Graham Trading Down 0.0 %

Shares of NYSE:GHC traded down $0.07 during mid-day trading on Friday, hitting $907.22. The company had a trading volume of 18,502 shares, compared to its average volume of 12,450. The company has a market capitalization of $3.93 billion, a PE ratio of 17.76 and a beta of 1.14. Graham Holdings has a one year low of $683.00 and a one year high of $974.00. The firm has a fifty day moving average price of $904.90 and a 200 day moving average price of $833.20. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34.

Graham (NYSE:GHC - Get Free Report) last issued its earnings results on Wednesday, October 30th. The company reported $17.25 EPS for the quarter. The company had revenue of $1.21 billion during the quarter. Graham had a return on equity of 5.79% and a net margin of 4.86%.

Graham Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Monday, February 3rd will be issued a dividend of $1.80 per share. This is a boost from Graham's previous quarterly dividend of $1.72. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend is Monday, February 3rd. Graham's dividend payout ratio (DPR) is currently 13.47%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Graham from a "hold" rating to a "buy" rating in a research note on Monday, November 4th.

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.