Franklin Resources Inc. Buys 1,946 Shares of Graham Holdings (NYSE:GHC)

Franklin Resources Inc. lifted its stake in shares of Graham Holdings (NYSE:GHC - Free Report) by 18.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 12,257 shares of the company's stock after acquiring an additional 1,946 shares during the period. Franklin Resources Inc. owned approximately 0.28% of Graham worth $10,687,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in GHC. Smartleaf Asset Management LLC lifted its stake in Graham by 55.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock worth $27,000 after purchasing an additional 11 shares during the last quarter. KBC Group NV increased its stake in shares of Graham by 36.5% in the fourth quarter. KBC Group NV now owns 142 shares of the company's stock worth $124,000 after buying an additional 38 shares during the period. Steward Partners Investment Advisory LLC boosted its position in Graham by 44.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company's stock valued at $126,000 after buying an additional 44 shares during the period. Principal Securities Inc. raised its stake in shares of Graham by 30.0% during the fourth quarter. Principal Securities Inc. now owns 182 shares of the company's stock valued at $159,000 after acquiring an additional 42 shares during the last quarter. Finally, Empirical Asset Management LLC purchased a new position in Graham during the 4th quarter valued at about $204,000. Institutional investors own 93.16% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Graham from a "buy" rating to a "strong-buy" rating in a research note on Saturday, March 29th.

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Graham Stock Up 0.5 %

Graham stock traded up $4.83 during trading hours on Monday, hitting $914.88. 2,214 shares of the stock traded hands, compared to its average volume of 16,910. 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 Holdings has a one year low of $683.00 and a one year high of $1,003.53. The company has a market cap of $3.97 billion, a PE ratio of 17.91 and a beta of 0.92. The firm's 50-day moving average price is $943.42 and its two-hundred day moving average price is $902.71.

Graham Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be paid a $1.80 dividend. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $7.20 annualized dividend and a dividend yield of 0.79%. Graham's payout ratio is 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.