KBC Group NV Buys 38 Shares of Graham Holdings (NYSE:GHC)

KBC Group NV grew its position in Graham Holdings (NYSE:GHC) by 36.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 142 shares of the company’s stock after purchasing an additional 38 shares during the period. KBC Group NV’s holdings in Graham were worth $124,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GHC. Daiwa Securities Group Inc. boosted its stake in Graham by 558.3% in the 3rd quarter. Daiwa Securities Group Inc. now owns 79 shares of the company’s stock worth $65,000 after purchasing an additional 67 shares during the period. Covestor Ltd grew its stake in Graham by 8.4% in the third quarter. Covestor Ltd now owns 155 shares of the company’s stock valued at $128,000 after purchasing an additional 12 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Graham during the 3rd quarter worth approximately $168,000. Mount Yale Investment Advisors LLC bought a new stake in shares of Graham during the 3rd quarter worth approximately $189,000. Finally, MML Investors Services LLC acquired a new stake in shares of Graham in the 3rd quarter valued at approximately $203,000. 93.16% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Graham

In related news, CAO Marcel A. Snyman sold 159 shares of the company’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $881.30, for a total transaction of $140,126.70. Following the completion of the sale, the chief accounting officer now owns 442 shares of the company’s stock, valued at $389,534.60. This represents a 26.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 32.30% of the company’s stock.

Graham Stock Down 0.7 %

GHC stock opened at $938.28 on Friday. Graham Holdings has a 1-year low of $683.00 and a 1-year high of $974.00. The business’s 50 day simple moving average is $904.46 and its 200 day simple moving average is $842.67. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $4.06 billion, a PE ratio of 18.37 and a beta of 1.13.

Graham Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Monday, February 3rd will be given a $1.80 dividend. This is an increase from Graham’s previous quarterly dividend of $1.72. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $7.20 annualized dividend and a dividend yield of 0.77%. Graham’s dividend payout ratio is presently 13.47%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Graham from a “hold” rating to a “buy” rating in a report on Monday, November 4th.

About Graham

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.