Graham Holdings (NYSE:GHC) Shares Bought by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC boosted its stake in Graham Holdings (NYSE:GHC - Free Report) by 360.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 571 shares of the company's stock after acquiring an additional 447 shares during the period. Tower Research Capital LLC TRC's holdings in Graham were worth $498,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new position in shares of Graham in the 4th quarter valued at $26,773,000. LPL Financial LLC acquired a new position in Graham in the fourth quarter valued at $8,726,000. Norges Bank acquired a new position in Graham in the fourth quarter valued at $8,157,000. Arrowstreet Capital Limited Partnership boosted its stake in shares of Graham by 84.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 18,837 shares of the company's stock worth $16,424,000 after buying an additional 8,615 shares during the period. Finally, Alliancebernstein L.P. grew its holdings in shares of Graham by 63.3% during the fourth quarter. Alliancebernstein L.P. now owns 11,830 shares of the company's stock worth $10,315,000 after buying an additional 4,584 shares during the last quarter. Institutional investors and hedge funds own 93.16% of the company's stock.

Wall Street Analysts Forecast Growth

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

Graham Stock Performance

Shares of NYSE GHC traded up $2.58 during mid-day trading on Monday, hitting $948.80. 4,666 shares of the company were exchanged, compared to its average volume of 17,617. The stock has a 50 day simple moving average of $934.37 and a 200-day simple moving average of $913.97. 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 firm has a market cap of $4.12 billion, a price-to-earnings ratio of 18.58 and a beta of 0.92.

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

Graham Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 17th will be given a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a yield of 0.76%. The ex-dividend date is Thursday, April 17th. 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.