30,706 Shares in Graham Holdings (NYSE:GHC) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new position in shares of Graham Holdings (NYSE:GHC) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 30,706 shares of the company’s stock, valued at approximately $26,773,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of GHC. FMR LLC raised its stake in Graham by 358.3% during 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. Barclays PLC raised its stake in Graham by 32.4% during the third quarter. Barclays PLC now owns 13,601 shares of the company’s stock worth $11,176,000 after acquiring an additional 3,327 shares during the period. JPMorgan Chase & Co. raised its stake in Graham by 10.1% during the third quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company’s stock worth $17,361,000 after acquiring an additional 1,941 shares during the period. Quest Partners LLC raised its stake in Graham by 25,420.0% during the third quarter. Quest Partners LLC now owns 1,276 shares of the company’s stock worth $1,049,000 after acquiring an additional 1,271 shares during the period. Finally, Quadrature Capital Ltd acquired a new stake in Graham during the third quarter worth about $1,036,000. Institutional investors and hedge funds own 93.16% of the company’s stock.

Insider Buying and Selling at Graham

In other Graham news, CAO Marcel A. Snyman sold 159 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were 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. This trade represents a 26.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 32.30% of the stock is owned by company insiders.

Graham Price Performance

GHC opened at $935.85 on Friday. The firm has a market cap of $4.06 billion, a price-to-earnings ratio of 18.32 and a beta of 1.12. Graham Holdings has a fifty-two week low of $683.00 and a fifty-two week high of $993.49. The company’s 50-day moving average price is $925.05 and its 200 day moving average price is $876.72. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18.

Graham Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 17th will be paid a $1.80 dividend. The ex-dividend date is Thursday, April 17th. This represents a $7.20 annualized dividend and a dividend yield of 0.77%. Graham’s payout ratio is currently 4.37%.

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.