Ontario Teachers Pension Plan Board Purchases New Stake in Graham Holdings (NYSE:GHC)

Ontario Teachers Pension Plan Board acquired a new position in shares of Graham Holdings (NYSE:GHC) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 498 shares of the company’s stock, valued at approximately $434,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Smartleaf Asset Management LLC increased its holdings in Graham by 55.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 31 shares of the company’s stock valued at $27,000 after buying an additional 11 shares during the last quarter. KBC Group NV grew its position in shares of Graham by 36.5% in the 4th quarter. KBC Group NV now owns 142 shares of the company’s stock worth $124,000 after acquiring an additional 38 shares in the last quarter. Steward Partners Investment Advisory LLC increased its holdings in shares of Graham by 44.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company’s stock valued at $126,000 after acquiring an additional 44 shares during the last quarter. Principal Securities Inc. raised its position in shares of Graham by 30.0% during the 4th quarter. Principal Securities Inc. now owns 182 shares of the company’s stock valued at $159,000 after acquiring an additional 42 shares in the last quarter. Finally, Empirical Asset Management LLC acquired a new position in Graham in the fourth quarter worth $204,000. Institutional investors own 93.16% of the company’s stock.

Graham Stock Performance

Shares of NYSE GHC opened at $908.55 on Friday. 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 moving average price is $941.22 and its two-hundred day moving average price is $904.20. Graham Holdings has a 52-week low of $683.00 and a 52-week high of $1,003.53. The stock has a market capitalization of $3.94 billion, a P/E ratio of 17.79 and a beta of 0.92.

Graham Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be given 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 0.79%. Graham’s dividend payout ratio is currently 4.37%.

Analyst Upgrades and Downgrades

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

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.