Dark Forest Capital Management LP Raises Holdings in Graham Holdings (NYSE:GHC)

Dark Forest Capital Management LP raised its stake in shares of Graham Holdings (NYSE:GHC - Free Report) by 109.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 757 shares of the company's stock after purchasing an additional 395 shares during the period. Dark Forest Capital Management LP's holdings in Graham were worth $660,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Smartleaf Asset Management LLC grew its holdings in Graham by 55.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock valued at $27,000 after buying an additional 11 shares in the last quarter. KBC Group NV increased its position 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. Steward Partners Investment Advisory LLC raised its stake in 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 purchasing an additional 44 shares in the last quarter. Principal Securities Inc. lifted 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 purchasing an additional 42 shares during the last quarter. Finally, GeoWealth Management LLC purchased a new position in shares of Graham in the 4th quarter worth $197,000. Hedge funds and other institutional investors own 93.16% of the company's stock.

Wall Street Analysts Forecast Growth

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

Graham Trading Down 0.3 %

Graham stock traded down $2.45 during midday trading on Friday, reaching $915.29. The stock had a trading volume of 19,322 shares, compared to its average volume of 17,405. Graham Holdings has a 52-week low of $683.00 and a 52-week high of $1,003.53. The company has a fifty day moving average of $935.74 and a 200 day moving average of $909.22. The firm has a market cap of $3.97 billion, a price-to-earnings ratio of 17.92 and a beta of 0.92. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18.

Graham Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders 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 dividend on an annualized basis and a yield of 0.79%. 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.