Raymond James Financial Inc. Purchases Shares of 30,706 Graham Holdings (NYSE:GHC)

Raymond James Financial Inc. acquired a new stake in shares of Graham Holdings (NYSE:GHC - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 30,706 shares of the company's stock, valued at approximately $26,773,000. Raymond James Financial Inc. owned about 0.71% of Graham as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MML Investors Services LLC purchased a new stake in Graham in the third quarter valued at approximately $203,000. Barclays PLC grew its stake in shares of Graham by 32.4% during the 3rd quarter. Barclays PLC now owns 13,601 shares of the company's stock valued at $11,176,000 after buying an additional 3,327 shares during the period. Franklin Resources Inc. increased its holdings in shares of Graham by 8.6% during the 3rd quarter. Franklin Resources Inc. now owns 10,311 shares of the company's stock worth $8,344,000 after buying an additional 819 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Graham by 10.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company's stock worth $17,361,000 after buying an additional 1,941 shares during the period. Finally, Miracle Mile Advisors LLC acquired a new position in Graham in the fourth quarter valued at $437,000. Hedge funds and other institutional investors own 93.16% of the company's stock.

Graham Trading Up 2.5 %

Shares of GHC stock traded up $22.73 during mid-day trading on Wednesday, reaching $930.51. The company's stock had a trading volume of 8,051 shares, compared to its average volume of 17,180. 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 firm has a market capitalization of $4.04 billion, a PE ratio of 18.22 and a beta of 0.92. The company's 50 day simple moving average is $938.23 and its 200-day simple moving average is $906.85. Graham Holdings has a 12-month low of $683.00 and a 12-month high of $1,003.53.

Graham Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be paid a $1.80 dividend. This represents a $7.20 annualized dividend and a dividend yield of 0.77%. The ex-dividend date of this dividend is Thursday, April 17th. Graham's dividend payout ratio (DPR) is 4.37%.

Wall Street Analyst Weigh In

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