Forum Financial Management LP Takes Position in Graham Holdings (NYSE:GHC)

Forum Financial Management LP acquired a new position in shares of Graham Holdings (NYSE:GHC - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,740 shares of the company's stock, valued at approximately $1,517,000.

Several other large investors also recently made changes to their positions in the business. Smartleaf Asset Management LLC boosted its holdings in Graham by 55.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock worth $27,000 after acquiring an additional 11 shares during the period. KBC Group NV boosted its position in Graham by 36.5% in the 4th quarter. KBC Group NV now owns 142 shares of the company's stock valued at $124,000 after buying an additional 38 shares during the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Graham by 44.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company's stock valued at $126,000 after acquiring an additional 44 shares in the last quarter. Principal Securities Inc. increased its position in shares of Graham by 30.0% during the fourth quarter. Principal Securities Inc. now owns 182 shares of the company's stock worth $159,000 after acquiring an additional 42 shares during the last quarter. Finally, GeoWealth Management LLC purchased a new position in Graham in the fourth quarter valued at about $197,000. Institutional investors and hedge funds own 93.16% of the company's stock.

Wall Street Analyst Weigh In

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

Graham Stock Up 1.1 %

NYSE:GHC traded up $9.90 during mid-day trading on Thursday, reaching $931.01. The stock had a trading volume of 19,766 shares, compared to its average volume of 20,908. 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 company has a market capitalization of $4.04 billion, a price-to-earnings ratio of 18.23 and a beta of 0.92. Graham Holdings has a 1-year low of $683.00 and a 1-year high of $1,003.53. The stock's 50 day simple moving average is $937.52 and its two-hundred day simple moving average is $906.97.

Graham Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Stockholders of record on Thursday, April 17th will be given a $1.80 dividend. The ex-dividend date is Thursday, April 17th. This represents a $7.20 annualized dividend and a dividend yield of 0.77%. Graham's payout ratio is 4.37%.

About Graham

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.