Graham Holdings (NYSE:GHC) Position Raised by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its stake in Graham Holdings (NYSE:GHC - Free Report) by 16.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 24,623 shares of the company's stock after purchasing an additional 3,495 shares during the period. JPMorgan Chase & Co. owned 0.57% of Graham worth $21,469,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of GHC. Smartleaf Asset Management LLC increased its holdings in Graham by 55.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock valued at $27,000 after buying an additional 11 shares during the last quarter. Xponance Inc. increased its holdings in shares of Graham by 3.3% in the 4th quarter. Xponance Inc. now owns 469 shares of the company's stock valued at $409,000 after acquiring an additional 15 shares during the last quarter. KBC Group NV raised its position in shares of Graham by 36.5% during the 4th quarter. KBC Group NV now owns 142 shares of the company's stock valued at $124,000 after acquiring an additional 38 shares in the last quarter. Principal Securities Inc. lifted its stake in 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, Steward Partners Investment Advisory LLC boosted its holdings in Graham by 44.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company's stock worth $126,000 after purchasing an additional 44 shares during the period. Institutional investors and hedge funds own 93.16% of the company's stock.

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Graham Stock Performance

NYSE:GHC traded up $7.59 during midday trading on Tuesday, reaching $923.21. 13,197 shares of the company traded hands, compared to its average volume of 20,321. Graham Holdings has a twelve month low of $683.00 and a twelve month high of $1,003.53. 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 company has a fifty day moving average price of $942.89 and a 200 day moving average price of $903.43. The firm has a market capitalization 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 declared a quarterly dividend, which will be paid on Thursday, May 8th. Stockholders of record on Thursday, April 17th will be given a dividend of $1.80 per share. The ex-dividend date is Thursday, April 17th. This represents a $7.20 annualized dividend and a dividend yield of 0.78%. Graham's dividend payout ratio is currently 4.37%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Graham from a "buy" rating to a "strong-buy" rating in a research report on Saturday, March 29th.

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.