Smartleaf Asset Management LLC Boosts Stake in Graham Holdings (NYSE:GHC)

Smartleaf Asset Management LLC raised its holdings in Graham Holdings (NYSE:GHC) by 55.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 31 shares of the company’s stock after purchasing an additional 11 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Graham were worth $27,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Daiwa Securities Group Inc. raised its position in Graham by 558.3% in 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 raised its position in Graham by 60.0% in the third quarter. KBC Group NV now owns 104 shares of the company’s stock valued at $85,000 after purchasing an additional 39 shares during the period. Principal Securities Inc. raised its position in Graham by 30.0% in the fourth quarter. Principal Securities Inc. now owns 182 shares of the company’s stock valued at $159,000 after purchasing an additional 42 shares during the period. Empirical Asset Management LLC purchased a new stake in Graham in the fourth quarter valued at $204,000. Finally, MML Investors Services LLC purchased a new stake in Graham in the third quarter valued at $203,000. Hedge funds and other institutional investors own 93.16% of the company’s stock.

Graham Price Performance

NYSE:GHC opened at $917.50 on Thursday. 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 company has a market capitalization of $3.98 billion, a P/E ratio of 17.97 and a beta of 1.12. Graham Holdings has a 52 week low of $683.00 and a 52 week high of $993.49. The stock’s fifty day moving average is $923.41 and its two-hundred day moving average is $875.50.

Graham Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 8th. Investors 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 0.78%. Graham’s dividend payout ratio is presently 4.37%.

Insider Activity at Graham

In related news, CAO Marcel A. Snyman sold 159 shares of the business’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $881.30, for a total value of $140,126.70. Following the sale, the chief accounting officer now owns 442 shares in the company, valued at approximately $389,534.60. The trade was a 26.46 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 32.30% 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.