Graham Holdings (NYSE:GHC) Shares Acquired by GABELLI & Co INVESTMENT ADVISERS INC.

GABELLI & Co INVESTMENT ADVISERS INC. boosted its stake in Graham Holdings (NYSE:GHC) by 565.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,122 shares of the company’s stock after buying an additional 1,803 shares during the quarter. GABELLI & Co INVESTMENT ADVISERS INC.’s holdings in Graham were worth $1,850,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of GHC. Smartleaf Asset Management LLC boosted its stake in shares of Graham by 55.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 31 shares of the company’s stock worth $27,000 after purchasing an additional 11 shares during the last quarter. KBC Group NV boosted its holdings in shares of Graham by 36.5% during the fourth quarter. KBC Group NV now owns 142 shares of the company’s stock worth $124,000 after purchasing an additional 38 shares during the last quarter. Steward Partners Investment Advisory LLC grew its position in shares of Graham by 44.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company’s stock valued at $126,000 after purchasing an additional 44 shares during the period. Principal Securities Inc. lifted its position in Graham by 30.0% during the fourth 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, Empirical Asset Management LLC purchased a new stake in Graham in the 4th quarter valued at about $204,000. Hedge funds and other institutional investors own 93.16% of the company’s stock.

Graham Stock Performance

Shares of NYSE:GHC opened at $917.49 on Tuesday. The firm has a market capitalization of $3.98 billion, a PE ratio of 17.97 and a beta of 0.92. Graham Holdings has a 12 month low of $683.00 and a 12 month high of $1,003.53. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34. The business has a 50-day moving average of $942.89 and a two-hundred day moving average of $903.43.

Graham Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Stockholders of record on Thursday, April 17th will be paid a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date of this dividend is Thursday, April 17th. Graham’s dividend payout ratio is presently 4.37%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Graham from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 29th.

Graham 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.