Intech Investment Management LLC Purchases 1,379 Shares of Graham Holdings (NYSE:GHC)

Intech Investment Management LLC grew its position in Graham Holdings (NYSE:GHC) by 250.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,930 shares of the company’s stock after acquiring an additional 1,379 shares during the period. Intech Investment Management LLC’s holdings in Graham were worth $1,683,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Raymond James Financial Inc. bought a new position in Graham during the 4th quarter worth $26,773,000. Assetmark Inc. raised its position in Graham by 3,662.5% during the 4th quarter. Assetmark Inc. now owns 602 shares of the company’s stock worth $525,000 after purchasing an additional 586 shares during the last quarter. Bahl & Gaynor Inc. bought a new position in Graham during the 4th quarter worth $262,000. Steward Partners Investment Advisory LLC raised its position in Graham by 44.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company’s stock worth $126,000 after purchasing an additional 44 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its position in Graham by 55.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 31 shares of the company’s stock worth $27,000 after purchasing an additional 11 shares during the last quarter. 93.16% of the stock is currently owned by institutional investors.

Graham Stock Performance

Shares of Graham stock opened at $939.62 on Friday. 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 business has a 50-day moving average price of $933.18 and a two-hundred day moving average price of $882.18. Graham Holdings has a 1-year low of $683.00 and a 1-year high of $993.49. The company has a market cap of $4.08 billion, a P/E ratio of 18.40 and a beta of 1.12.

Graham Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Stockholders 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 dividend payout ratio is presently 4.37%.

Insider Activity

In other Graham news, CAO Marcel A. Snyman sold 159 shares of Graham stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $881.30, for a total transaction of $140,126.70. Following the completion of the transaction, the chief accounting officer now owns 442 shares in the company, valued at approximately $389,534.60. The trade was a 26.46 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 20.50% of the stock is currently owned by company insiders.

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.