Cerity Partners LLC Increases Holdings in Graham Holdings (NYSE:GHC)

Cerity Partners LLC raised its holdings in shares of Graham Holdings (NYSE:GHC - Free Report) by 48.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 936 shares of the company's stock after buying an additional 305 shares during the period. Cerity Partners LLC's holdings in Graham were worth $805,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of GHC. Raymond James Financial Inc. purchased a new position in Graham during the 4th quarter valued at $26,773,000. JPMorgan Chase & Co. lifted its position in Graham by 16.5% during the 4th quarter. JPMorgan Chase & Co. now owns 24,623 shares of the company's stock valued at $21,469,000 after acquiring an additional 3,495 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in shares of Graham by 84.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 18,837 shares of the company's stock worth $16,424,000 after buying an additional 8,615 shares during the last quarter. Barclays PLC raised its position in shares of Graham by 32.4% in 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 during the last quarter. Finally, Franklin Resources Inc. grew its position in Graham by 18.9% during the 4th quarter. Franklin Resources Inc. now owns 12,257 shares of the company's stock valued at $10,687,000 after purchasing an additional 1,946 shares during the last quarter. 93.16% of the stock is owned by institutional investors.

Graham Stock Performance

GHC stock traded up $8.62 during midday trading on Thursday, reaching $929.73. 8,387 shares of the company's stock traded hands, compared to its average volume of 17,244. 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 cap of $4.04 billion, a P/E ratio of 18.21 and a beta of 0.92. Graham Holdings has a 52-week low of $683.00 and a 52-week high of $1,003.53. The stock's 50-day moving average is $937.52 and its 200 day moving average is $906.97.

Graham Dividend Announcement

The business 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 $1.80 dividend. This represents a $7.20 annualized dividend and a dividend yield of 0.77%. The ex-dividend date of this dividend is Thursday, April 17th. Graham's dividend payout ratio (DPR) is currently 4.37%.

Analyst Ratings Changes

Separately, StockNews.com lowered Graham from a "strong-buy" rating to a "buy" rating in a research report on Wednesday.

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.