Tower Research Capital LLC TRC Purchases 447 Shares of Graham Holdings (NYSE:GHC)

Tower Research Capital LLC TRC boosted its holdings in Graham Holdings (NYSE:GHC - Free Report) by 360.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 571 shares of the company's stock after buying an additional 447 shares during the quarter. Tower Research Capital LLC TRC's holdings in Graham were worth $498,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Smartleaf Asset Management LLC grew its position in Graham by 55.0% in 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 period. KBC Group NV lifted its holdings in Graham by 36.5% in the fourth quarter. KBC Group NV now owns 142 shares of the company's stock valued at $124,000 after acquiring an additional 38 shares during the period. Steward Partners Investment Advisory LLC grew 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 purchasing an additional 44 shares during the period. Principal Securities Inc. grew its position in Graham by 30.0% during the fourth quarter. Principal Securities Inc. now owns 182 shares of the company's stock valued at $159,000 after buying an additional 42 shares during the period. Finally, GeoWealth Management LLC purchased a new stake in Graham during the fourth quarter valued at approximately $197,000. Institutional investors own 93.16% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Graham from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, April 23rd.

Graham Stock Performance

GHC traded up $28.10 during midday trading on Friday, reaching $947.72. The company had a trading volume of 26,185 shares, compared to its average volume of 17,667. Graham Holdings has a 1 year low of $683.00 and a 1 year high of $1,003.53. 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 company has a market cap of $4.11 billion, a P/E ratio of 18.56 and a beta of 0.92. The business has a 50-day moving average of $934.37 and a two-hundred day moving average of $913.36.

Graham (NYSE:GHC - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $11.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $11.29 by $0.35. Graham had a return on equity of 5.79% and a net margin of 4.86%. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.20 billion.

Graham Dividend Announcement

The firm 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. The ex-dividend date is Thursday, April 17th. This represents a $7.20 annualized dividend and a yield of 0.76%. Graham's payout ratio is 5.05%.

Graham 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.