SG Americas Securities LLC Buys 384 Shares of Graham Holdings (NYSE:GHC)

SG Americas Securities LLC raised its holdings in shares of Graham Holdings (NYSE:GHC - Free Report) by 188.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 588 shares of the company's stock after buying an additional 384 shares during the period. SG Americas Securities LLC's holdings in Graham were worth $513,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Bank of Montreal Can grew its position in Graham by 82.1% during the 2nd quarter. Bank of Montreal Can now owns 1,315 shares of the company's stock worth $1,005,000 after acquiring an additional 593 shares during the last quarter. Squarepoint Ops LLC bought a new position in shares of Graham in the second quarter worth approximately $637,000. Millennium Management LLC purchased a new position in shares of Graham in the second quarter worth $2,743,000. Creative Planning raised its holdings in Graham by 5.9% during the 2nd quarter. Creative Planning now owns 3,287 shares of the company's stock valued at $2,299,000 after buying an additional 184 shares during the last quarter. Finally, Truist Financial Corp boosted its position in Graham by 1.1% during the 2nd quarter. Truist Financial Corp now owns 1,982 shares of the company's stock valued at $1,387,000 after buying an additional 21 shares during the period. 93.16% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Graham from a "hold" rating to a "buy" rating in a report on Monday, November 4th.

Graham Trading Up 0.6 %

Shares of GHC stock traded up $5.87 during trading hours on Wednesday, reaching $943.94. The company's stock had a trading volume of 12,286 shares, compared to its average volume of 15,108. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $4.09 billion, a P/E ratio of 18.48 and a beta of 1.13. The firm's fifty day simple moving average is $904.38 and its 200 day simple moving average is $841.99. Graham Holdings has a one year low of $683.00 and a one year high of $974.00.

Graham Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Monday, February 3rd will be given a dividend of $1.80 per share. This is an increase from Graham's previous quarterly dividend of $1.72. This represents a $7.20 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date is Monday, February 3rd. Graham's payout ratio is presently 13.47%.

Insiders Place Their Bets

In related news, CAO Marcel A. Snyman sold 159 shares of the company's stock in a transaction on Monday, January 6th. The stock was sold at an average price of $881.30, for a total value of $140,126.70. Following the sale, the chief accounting officer now directly owns 442 shares of the company's stock, valued at $389,534.60. This represents a 26.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 32.30% of the company's stock.

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.