Quest Partners LLC lifted its position in Graham Holdings (NYSE:GHC - Free Report) by 25,420.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,276 shares of the company's stock after buying an additional 1,271 shares during the quarter. Quest Partners LLC's holdings in Graham were worth $1,049,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of GHC. Cetera Advisors LLC purchased a new position in shares of Graham during the 1st quarter valued at $5,256,000. Vanguard Group Inc. grew its position in Graham by 5.9% during the first quarter. Vanguard Group Inc. now owns 371,235 shares of the company's stock worth $284,990,000 after buying an additional 20,629 shares in the last quarter. Tidal Investments LLC bought a new position in Graham in the 1st quarter worth about $857,000. Raymond James Financial Services Advisors Inc. raised its holdings in shares of Graham by 31.0% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 30,332 shares of the company's stock valued at $21,219,000 after acquiring an additional 7,179 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Graham by 175.4% during the second quarter. Commonwealth Equity Services LLC now owns 1,162 shares of the company's stock worth $813,000 after purchasing an additional 740 shares in the last quarter. 62.54% of the stock is currently owned by institutional investors.
Graham Price Performance
NYSE:GHC traded up $12.01 during midday trading on Thursday, hitting $918.70. The company had a trading volume of 6,447 shares, compared to its average volume of 15,107. The stock's fifty day moving average price is $832.96 and its 200-day moving average price is $774.42. Graham Holdings has a 52-week low of $615.20 and a 52-week high of $972.13. 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 company has a market capitalization of $3.98 billion, a PE ratio of 17.75 and a beta of 1.11.
Graham Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Thursday, October 17th were paid a dividend of $1.72 per share. This represents a $6.88 annualized dividend and a dividend yield of 0.75%. The ex-dividend date was Thursday, October 17th. Graham's dividend payout ratio (DPR) is presently 13.47%.
Analysts Set New Price Targets
Separately, StockNews.com raised shares of Graham from a "hold" rating to a "buy" rating in a research note on Monday, November 4th.
Get Our Latest Research Report on Graham
About Graham
(
Free Report)
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.
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