Russell Investments Group Ltd. Acquires 424 Shares of Graham Holdings (NYSE:GHC)

Russell Investments Group Ltd. lifted its position in Graham Holdings (NYSE:GHC - Free Report) by 865.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 473 shares of the company's stock after purchasing an additional 424 shares during the quarter. Russell Investments Group Ltd.'s holdings in Graham were worth $412,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Smartleaf Asset Management LLC grew its position in Graham by 55.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock valued at $27,000 after acquiring an additional 11 shares during the last quarter. Xponance Inc. raised its position in Graham by 3.3% in the 4th quarter. Xponance Inc. now owns 469 shares of the company's stock worth $409,000 after purchasing an additional 15 shares during the period. KBC Group NV lifted its stake in Graham by 36.5% in the fourth quarter. KBC Group NV now owns 142 shares of the company's stock worth $124,000 after purchasing an additional 38 shares during the last quarter. Principal Securities Inc. boosted its position in 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 buying an additional 42 shares during the period. Finally, 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 buying an additional 44 shares during the last quarter. 93.16% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Graham from a "strong-buy" rating to a "buy" rating in a report on Wednesday, April 23rd.

Graham Trading Up 0.9 %

Shares of Graham stock traded up $8.26 on Monday, hitting $923.26. The stock had a trading volume of 12,015 shares, compared to its average volume of 17,387. The stock's 50-day simple moving average is $935.74 and its two-hundred day simple moving average is $910.02. Graham Holdings has a one year low of $683.00 and a one year high of $1,003.53. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18. The stock has a market cap of $4.01 billion, a price-to-earnings ratio of 18.08 and a beta of 0.92.

Graham Announces Dividend

The company 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 dividend of $1.80 per share. This represents a $7.20 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend is Thursday, April 17th. Graham's dividend payout ratio (DPR) 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.