Y Intercept Hong Kong Ltd bought a new position in shares of Graham Holdings (NYSE:GHC - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 728 shares of the company's stock, valued at approximately $635,000.
Several other institutional investors also recently modified their holdings of GHC. Daiwa Securities Group Inc. grew its holdings in Graham by 558.3% during the third quarter. Daiwa Securities Group Inc. now owns 79 shares of the company's stock valued at $65,000 after purchasing an additional 67 shares during the period. KBC Group NV grew its holdings in shares of Graham by 60.0% in the 3rd quarter. KBC Group NV now owns 104 shares of the company's stock valued at $85,000 after buying an additional 39 shares during the period. Covestor Ltd increased its position in shares of Graham by 8.4% in the 3rd quarter. Covestor Ltd now owns 155 shares of the company's stock valued at $128,000 after buying an additional 12 shares in the last quarter. Principal Securities Inc. raised its stake in Graham by 30.0% during the 4th quarter. Principal Securities Inc. now owns 182 shares of the company's stock worth $159,000 after buying an additional 42 shares during the period. Finally, MML Investors Services LLC bought a new position in shares of Graham during the 3rd quarter valued at about $203,000. 93.16% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Graham
In other news, CAO Marcel A. Snyman sold 159 shares of the firm's stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $881.30, for a total value of $140,126.70. Following the completion of the transaction, the chief accounting officer now owns 442 shares in the company, valued at $389,534.60. This trade represents a 26.46 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 20.50% of the company's stock.
Graham Stock Down 0.1 %
Shares of GHC traded down $1.00 during midday trading on Tuesday, hitting $966.09. The stock had a trading volume of 8,308 shares, compared to its average volume of 16,188. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of 18.94 and a beta of 1.13. The company has a 50 day simple moving average of $915.94 and a two-hundred day simple moving average of $867.82. Graham Holdings has a twelve month low of $683.00 and a twelve month high of $993.49. 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 Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be given a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend is Thursday, April 17th. Graham's dividend payout ratio (DPR) is currently 4.37%.
Analyst Ratings Changes
Separately, StockNews.com raised shares of Graham from a "hold" rating to a "buy" rating in a research report on Monday, November 4th.
Check Out Our Latest Analysis on Graham
Graham Profile
(
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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