KLP Kapitalforvaltning AS Acquires Shares of 1,800 Graham Holdings (NYSE:GHC)

KLP Kapitalforvaltning AS bought a new stake in shares of Graham Holdings (NYSE:GHC - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,800 shares of the company's stock, valued at approximately $1,569,000.

Several other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in shares of Graham by 10.1% in the third quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company's stock valued at $17,361,000 after purchasing an additional 1,941 shares during the period. Franklin Resources Inc. boosted its position in Graham by 8.6% in the 3rd quarter. Franklin Resources Inc. now owns 10,311 shares of the company's stock valued at $8,344,000 after buying an additional 819 shares during the period. Miracle Mile Advisors LLC acquired a new position in shares of Graham in the fourth quarter worth $437,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of Graham during the fourth quarter worth $635,000. Finally, Daiwa Securities Group Inc. raised its stake in shares of Graham by 558.3% in the third quarter. Daiwa Securities Group Inc. now owns 79 shares of the company's stock valued at $65,000 after acquiring an additional 67 shares in the last quarter. 93.16% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Graham from a "buy" rating to a "strong-buy" rating in a research note on Saturday.

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Insider Buying and Selling

In other Graham news, CAO Marcel A. Snyman sold 159 shares of Graham stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $881.30, for a total transaction of $140,126.70. Following the completion of the sale, the chief accounting officer now directly owns 442 shares of the company's stock, valued at $389,534.60. The trade was a 26.46 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 20.50% of the company's stock.

Graham Stock Up 2.6 %

Shares of GHC stock traded up $25.55 during trading hours on Wednesday, reaching $1,000.79. 36,879 shares of the stock were exchanged, compared to its average volume of 16,326. Graham Holdings has a 12-month low of $683.00 and a 12-month high of $1,003.53. The business's fifty day moving average is $944.95 and its two-hundred day moving average is $895.52. 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 firm has a market capitalization of $4.34 billion, a P/E ratio of 19.60 and a beta of 1.12.

Graham Announces Dividend

The company also recently disclosed 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 0.72%. Graham's dividend payout ratio (DPR) is currently 4.37%.

Graham 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.