Graham Holdings (NYSE:GHC) Stake Boosted by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its position in shares of Graham Holdings (NYSE:GHC) by 23.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 567 shares of the company’s stock after purchasing an additional 106 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Graham were worth $495,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Millennium Management LLC acquired a new stake in Graham in the second quarter worth $2,743,000. FMR LLC increased 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 buying an additional 3,726 shares during the period. Barclays PLC increased its position in Graham by 32.4% in the third quarter. Barclays PLC now owns 13,601 shares of the company’s stock worth $11,176,000 after buying an additional 3,327 shares during the period. Autumn Glory Partners LLC increased its position in Graham by 100.0% in the third quarter. Autumn Glory Partners LLC now owns 4,342 shares of the company’s stock worth $3,568,000 after buying an additional 2,171 shares during the period. Finally, JPMorgan Chase & Co. increased its position in Graham by 10.1% in the third quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company’s stock worth $17,361,000 after buying an additional 1,941 shares during the period. 93.16% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Graham Price Performance

Shares of GHC opened at $938.28 on Monday. The firm has a market capitalization of $4.07 billion, a price-to-earnings ratio of 18.37 and a beta of 1.13. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57. Graham Holdings has a one year low of $683.00 and a one year high of $974.00. The stock’s fifty day moving average is $904.60 and its 200-day moving average is $844.58.

Graham Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Monday, February 3rd will be issued a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.77%. This is a positive change from Graham’s previous quarterly dividend of $1.72. The ex-dividend date of this dividend is Monday, February 3rd. Graham’s dividend payout ratio (DPR) is 14.10%.

Insider Activity

In other news, CAO Marcel A. Snyman sold 159 shares of the firm’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $881.30, for a total transaction of $140,126.70. Following the transaction, the chief accounting officer now directly owns 442 shares of the company’s stock, 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 is accessible through the SEC website. Corporate insiders own 20.50% 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.