EntryPoint Capital LLC Takes $357,000 Position in Graham Holdings (NYSE:GHC)

EntryPoint Capital LLC acquired a new stake in Graham Holdings (NYSE:GHC - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 409 shares of the company's stock, valued at approximately $357,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. LPL Financial LLC acquired a new stake in shares of Graham in the fourth quarter worth $8,726,000. KLP Kapitalforvaltning AS acquired a new position in Graham during the 4th quarter worth $1,569,000. Virtu Financial LLC acquired a new position in Graham during the 4th quarter worth $496,000. Summit Global Investments acquired a new stake in shares of Graham in the fourth quarter valued at about $849,000. Finally, Teacher Retirement System of Texas increased its stake in shares of Graham by 82.4% in the fourth quarter. Teacher Retirement System of Texas now owns 3,755 shares of the company's stock worth $3,274,000 after purchasing an additional 1,696 shares during the period. 93.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CAO Marcel A. Snyman sold 159 shares of the business's stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $881.30, for a total transaction of $140,126.70. Following the transaction, the chief accounting officer now directly owns 442 shares in the company, valued at $389,534.60. The trade was a 26.46 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 20.50% of the stock is owned by company insiders.

Remove Ads

Analyst Ratings Changes

Separately, StockNews.com upgraded Graham from a "buy" rating to a "strong-buy" rating in a research note on Saturday.

Graham Stock Performance

Shares of Graham stock traded up $12.66 during midday trading on Monday, hitting $965.55. The company had a trading volume of 24,670 shares, compared to its average volume of 16,152. The stock has a market cap of $4.19 billion, a PE ratio of 18.91 and a beta of 1.12. Graham Holdings has a 1-year low of $683.00 and a 1-year high of $993.49. The business's 50 day simple moving average is $941.83 and its two-hundred day simple moving average is $893.35. 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 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 issued a dividend of $1.80 per share. The ex-dividend date is Thursday, April 17th. This represents a $7.20 annualized dividend and a dividend yield of 0.75%. Graham's payout ratio is 4.37%.

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.