Bridgewater Associates LP Increases Stock Position in Graham Holdings (NYSE:GHC)

Bridgewater Associates LP grew its holdings in shares of Graham Holdings (NYSE:GHC - Free Report) by 61.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,477 shares of the company's stock after acquiring an additional 2,465 shares during the period. Bridgewater Associates LP owned about 0.15% of Graham worth $5,647,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Smartleaf Asset Management LLC grew its position in shares of Graham by 55.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock valued at $27,000 after acquiring an additional 11 shares during the period. KBC Group NV lifted its stake in shares of Graham by 36.5% during the 4th quarter. KBC Group NV now owns 142 shares of the company's stock valued at $124,000 after buying an additional 38 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its stake in shares of Graham by 44.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company's stock valued at $126,000 after buying an additional 44 shares in the last quarter. Principal Securities Inc. lifted its stake 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 buying an additional 42 shares in the last quarter. Finally, MML Investors Services LLC purchased a new position in shares of Graham during the 3rd quarter valued at $203,000. Institutional investors own 93.16% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Graham from a "buy" rating to a "strong-buy" rating in a research note on Saturday, March 29th.

Graham Price Performance

Shares of GHC traded up $15.99 during trading hours on Wednesday, reaching $923.77. 9,489 shares of the stock traded hands, compared to its average volume of 20,680. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. Graham Holdings has a 52-week low of $683.00 and a 52-week high of $1,003.53. The company's 50-day moving average price is $938.23 and its two-hundred day moving average price is $906.85. The company has a market cap of $4.01 billion, a P/E ratio of 18.09 and a beta of 0.92.

Graham Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 17th will be paid a $1.80 dividend. This represents a $7.20 annualized dividend and a yield of 0.78%. The ex-dividend date of this dividend is Thursday, April 17th. Graham's payout ratio is currently 4.37%.

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.