Martingale Asset Management L P Boosts Stock Position in Graham Holdings (NYSE:GHC)

Martingale Asset Management L P lifted its position in shares of Graham Holdings (NYSE:GHC) by 2.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,866 shares of the company’s stock after buying an additional 55 shares during the period. Martingale Asset Management L P owned about 0.07% of Graham worth $2,499,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. FMR LLC raised its stake in shares of 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 in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Graham by 37.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 899 shares of the company’s stock valued at $739,000 after purchasing an additional 243 shares during the last quarter. XTX Topco Ltd purchased a new position in Graham in the 3rd quarter worth $583,000. MML Investors Services LLC bought a new stake in Graham in the third quarter worth $203,000. Finally, Barclays PLC boosted its position in 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 buying an additional 3,327 shares during the period. Institutional investors own 93.16% of the company’s stock.

Analysts Set New Price Targets

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

Graham Stock Performance

Shares of GHC stock opened at $904.41 on Friday. The company has a market capitalization of $3.93 billion, a P/E ratio of 17.71 and a beta of 0.92. Graham Holdings has a fifty-two week low of $683.00 and a fifty-two week high of $1,003.53. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57. The stock has a 50 day moving average price of $944.03 and a two-hundred day moving average price of $901.34.

Graham Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be issued a dividend of $1.80 per share. The ex-dividend date is Thursday, April 17th. This represents a $7.20 dividend on an annualized basis and a yield of 0.80%. Graham’s dividend payout ratio is currently 4.37%.

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.