Y Intercept Hong Kong Ltd Purchases New Shares in Graham Holdings (NYSE:GHC)

Y Intercept Hong Kong Ltd purchased a new stake in shares of Graham Holdings (NYSE:GHC) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 728 shares of the company’s stock, valued at approximately $635,000.

A number of other large investors also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in shares of 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 lifted its position in shares of 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. lifted its position in shares of 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 lifted its position in shares of 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% in the third quarter. FMR LLC now owns 4,766 shares of the company’s stock worth $3,916,000 after acquiring an additional 3,726 shares during the period. 93.16% of the stock is owned by institutional investors.

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.

Graham Stock Performance

Shares of GHC stock opened at $979.67 on Friday. The firm has a market cap of $4.25 billion, a price-to-earnings ratio of 19.18 and a beta of 1.13. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57. Graham Holdings has a 52 week low of $683.00 and a 52 week high of $993.49. The firm’s 50-day simple moving average is $912.12 and its two-hundred day simple moving average is $862.51.

Graham Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 17th will be given a $1.80 dividend. This represents a $7.20 annualized dividend and a yield of 0.73%. The ex-dividend date of this dividend is Thursday, April 17th. Graham’s dividend payout ratio is 14.10%.

Insiders Place Their Bets

In other news, CAO Marcel A. Snyman sold 159 shares of Graham stock in a transaction dated Monday, January 6th. The shares were 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 20.50% of the company’s stock.

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.