LPL Financial LLC Makes New Investment in Graham Holdings (NYSE:GHC)

LPL Financial LLC bought a new stake in shares of Graham Holdings (NYSE:GHC - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 10,007 shares of the company's stock, valued at approximately $8,726,000. LPL Financial LLC owned approximately 0.23% of Graham as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of GHC. Smartleaf Asset Management LLC boosted its stake in Graham by 55.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock worth $27,000 after purchasing an additional 11 shares during the period. Xponance Inc. lifted its holdings in shares of Graham by 3.3% in the fourth quarter. Xponance Inc. now owns 469 shares of the company's stock valued at $409,000 after purchasing an additional 15 shares in the last quarter. KBC Group NV boosted its position in shares of Graham by 36.5% in the fourth quarter. KBC Group NV now owns 142 shares of the company's stock worth $124,000 after buying an additional 38 shares during the period. Principal Securities Inc. grew its holdings in shares of Graham by 30.0% during the fourth quarter. Principal Securities Inc. now owns 182 shares of the company's stock valued at $159,000 after buying an additional 42 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC raised its position in Graham by 44.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company's stock valued at $126,000 after buying an additional 44 shares during the period. 93.16% of the stock is owned by institutional investors and hedge funds.

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Analyst Ratings Changes

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

Graham Stock Up 5.7 %

GHC stock traded up $50.08 during trading hours on Wednesday, hitting $934.10. The company's stock had a trading volume of 33,116 shares, compared to its average volume of 16,807. The stock has a 50 day moving average price of $944.11 and a two-hundred day moving average price of $899.45. Graham Holdings has a 12 month low of $683.00 and a 12 month high of $1,003.53. The company has a market capitalization of $4.05 billion, a PE ratio of 18.29 and a beta of 0.92. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18.

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 paid a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date is Thursday, April 17th. Graham's payout ratio is 4.37%.

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.