Raymond James Financial Inc. acquired a new stake in shares of Graham Holdings (NYSE:GHC - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 30,706 shares of the company's stock, valued at approximately $26,773,000. Raymond James Financial Inc. owned 0.71% of Graham as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in Graham by 10.1% during 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 in the last quarter. Barclays PLC raised its position in Graham by 32.4% during the third quarter. Barclays PLC now owns 13,601 shares of the company's stock valued at $11,176,000 after purchasing an additional 3,327 shares in the last quarter. Franklin Resources Inc. raised its position in Graham by 8.6% during the third quarter. Franklin Resources Inc. now owns 10,311 shares of the company's stock valued at $8,344,000 after purchasing an additional 819 shares in the last quarter. New York State Teachers Retirement System raised its position in Graham by 4.8% during the fourth quarter. New York State Teachers Retirement System now owns 4,805 shares of the company's stock valued at $4,190,000 after purchasing an additional 218 shares in the last quarter. Finally, FMR LLC raised its position in Graham by 358.3% during the third quarter. FMR LLC now owns 4,766 shares of the company's stock valued at $3,916,000 after purchasing an additional 3,726 shares in the last quarter. Hedge funds and other institutional investors own 93.16% of the company's stock.
Insider Transactions at Graham
In related news, CAO Marcel A. Snyman sold 159 shares of the business's 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 transaction, the chief accounting officer now owns 442 shares in the company, valued at $389,534.60. The trade was a 26.46 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 20.50% of the company's stock.
Graham Price Performance
NYSE GHC traded down $1.16 during trading hours on Tuesday, reaching $937.69. 18,230 shares of the stock traded hands, compared to its average volume of 15,347. The company has a market cap of $4.07 billion, a price-to-earnings ratio of 18.36 and a beta of 1.12. The stock has a 50 day simple moving average of $926.16 and a two-hundred day simple moving average of $879.03. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34. Graham Holdings has a 1 year low of $683.00 and a 1 year high of $993.49.
Graham Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 8th. Stockholders of record on Thursday, April 17th will be issued a $1.80 dividend. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $7.20 annualized dividend and a dividend yield of 0.77%. Graham's dividend payout ratio is currently 4.37%.
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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