Intech Investment Management LLC Acquires 1,379 Shares of Graham Holdings (NYSE:GHC)

Intech Investment Management LLC grew its stake in shares of Graham Holdings (NYSE:GHC - Free Report) by 250.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,930 shares of the company's stock after acquiring an additional 1,379 shares during the period. Intech Investment Management LLC's holdings in Graham were worth $1,683,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Raymond James Financial Inc. bought a new position in Graham during the fourth quarter valued at $26,773,000. FMR LLC increased its holdings in Graham by 358.3% in the 3rd quarter. FMR LLC now owns 4,766 shares of the company's stock worth $3,916,000 after acquiring an additional 3,726 shares during the last quarter. Barclays PLC raised its stake in Graham by 32.4% in the 3rd quarter. Barclays PLC now owns 13,601 shares of the company's stock valued at $11,176,000 after acquiring an additional 3,327 shares during the period. JPMorgan Chase & Co. raised its stake in Graham by 10.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company's stock valued at $17,361,000 after acquiring an additional 1,941 shares during the period. Finally, Quadrature Capital Ltd bought a new position in Graham during the third quarter worth about $1,036,000. Hedge funds and other institutional investors own 93.16% of the company's stock.

Graham Stock Performance

Shares of GHC traded up $15.56 during trading hours on Wednesday, hitting $973.76. The company's stock had a trading volume of 21,646 shares, compared to its average volume of 15,691. The company has a market cap of $4.23 billion, a price-to-earnings ratio of 19.07 and a beta of 1.12. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34. The business has a 50 day simple moving average of $936.88 and a two-hundred day simple moving average of $887.01. Graham Holdings has a 52-week low of $683.00 and a 52-week high of $993.49.

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Graham Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be paid a dividend of $1.80 per share. The ex-dividend date is Thursday, April 17th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.74%. Graham's payout ratio is 4.37%.

Insider Buying and Selling

In other news, CAO Marcel A. Snyman sold 159 shares of the stock in a transaction dated Monday, January 6th. The shares were 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 approximately $389,534.60. This represents a 26.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 20.50% of the stock is currently owned by insiders.

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.