Graham Holdings (NYSE:GHC) Shares Purchased by Wells Fargo & Company MN

Wells Fargo & Company MN boosted its holdings in shares of Graham Holdings (NYSE:GHC - Free Report) by 19.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 2,372 shares of the company's stock after purchasing an additional 384 shares during the period. Wells Fargo & Company MN owned approximately 0.05% of Graham worth $2,068,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Smartleaf Asset Management LLC increased its position in Graham by 55.0% in the 4th 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 period. KBC Group NV grew its stake in shares of 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 purchasing an additional 38 shares during the last quarter. Steward Partners Investment Advisory LLC increased its holdings in shares of Graham by 44.0% in 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 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 worth $159,000 after purchasing an additional 42 shares during the last quarter. Finally, MML Investors Services LLC acquired a new stake in shares of Graham during the third quarter worth $203,000. 93.16% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Graham Trading Down 0.3 %

NYSE GHC opened at $915.29 on Friday. 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 capitalization of $3.97 billion, a P/E ratio of 17.92 and a beta of 0.92. Graham Holdings has a 52-week low of $683.00 and a 52-week high of $1,003.53. The firm has a 50-day moving average price of $935.74 and a 200 day moving average price of $908.57.

Graham Announces Dividend

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

Want to see what other hedge funds are holding GHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Graham Holdings (NYSE:GHC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.