Virtu Financial LLC Makes New Investment in Graham Holdings (NYSE:GHC)

Virtu Financial LLC acquired a new stake in shares of Graham Holdings (NYSE:GHC) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 570 shares of the company’s stock, valued at approximately $496,000.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new position in Graham in the 4th quarter valued at about $26,773,000. FMR LLC raised its position in Graham by 358.3% in 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 boosted its stake in Graham by 32.4% in the third quarter. Barclays PLC now owns 13,601 shares of the company’s stock valued at $11,176,000 after acquiring an additional 3,327 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Graham by 10.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company’s stock worth $17,361,000 after purchasing an additional 1,941 shares during the last quarter. Finally, Teacher Retirement System of Texas raised its stake in shares of Graham by 82.4% in the fourth quarter. Teacher Retirement System of Texas now owns 3,755 shares of the company’s stock valued at $3,274,000 after buying an additional 1,696 shares during the period. 93.16% of the stock is owned by institutional investors and hedge funds.

Graham Price Performance

NYSE GHC opened at $959.81 on Wednesday. The company has a market cap of $4.17 billion, a PE ratio of 18.79 and a beta of 1.12. 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 firm’s 50-day simple moving average is $936.88 and its two-hundred day simple moving average is $887.01. Graham Holdings has a 52 week low of $683.00 and a 52 week high of $993.49.

Graham Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 17th will be issued a dividend of $1.80 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $7.20 dividend on an annualized basis and a yield of 0.75%. Graham’s payout ratio is 4.37%.

Insiders Place Their Bets

In other news, CAO Marcel A. Snyman sold 159 shares of the stock in a transaction dated 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 directly owns 442 shares of the company’s stock, valued at approximately $389,534.60. This represents a 26.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 20.50% of the company’s stock.

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.