KLP Kapitalforvaltning AS Acquires Shares of 1,800 Graham Holdings (NYSE:GHC)

KLP Kapitalforvaltning AS bought a new position in Graham Holdings (NYSE:GHC) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 1,800 shares of the company’s stock, valued at approximately $1,569,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Intech Investment Management LLC purchased a new position in Graham during the third quarter valued at $453,000. Cerity Partners LLC lifted its position in Graham by 9.0% during the 3rd quarter. Cerity Partners LLC now owns 631 shares of the company’s stock valued at $519,000 after acquiring an additional 52 shares during the period. Daiwa Securities Group Inc. grew its holdings in Graham by 558.3% in the third quarter. Daiwa Securities Group Inc. now owns 79 shares of the company’s stock worth $65,000 after purchasing an additional 67 shares during the period. FMR LLC increased 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 valued at $3,916,000 after purchasing an additional 3,726 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Graham by 37.0% during the third 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. Hedge funds and other institutional investors own 93.16% of the company’s stock.

Graham Stock Down 2.1 %

NYSE:GHC opened at $952.30 on Friday. 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 firm has a market cap of $4.13 billion, a P/E ratio of 18.65 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 firm has a 50-day simple moving average of $940.65 and a two-hundred day simple moving average of $889.71.

Graham Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be issued a $1.80 dividend. The ex-dividend date is Thursday, April 17th. This represents a $7.20 dividend on an annualized basis and a yield of 0.76%. Graham’s payout ratio is currently 4.37%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Graham from a “buy” rating to a “strong-buy” rating in a research note on Saturday.

Insider Buying and Selling at Graham

In related news, CAO Marcel A. Snyman sold 159 shares of the 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 sale, the chief accounting officer now directly owns 442 shares of the company’s stock, valued at $389,534.60. This trade represents a 26.46 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company 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.