Graham Holdings (NYSE:GHC) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its holdings in Graham Holdings (NYSE:GHC - Free Report) by 16.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,623 shares of the company's stock after purchasing an additional 3,495 shares during the period. JPMorgan Chase & Co. owned 0.57% of Graham worth $21,469,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. FMR LLC grew its stake in 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 acquiring an additional 3,726 shares in the last quarter. BNP Paribas Financial Markets increased its stake in Graham by 37.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 899 shares of the company's stock worth $739,000 after acquiring an additional 243 shares during the last quarter. XTX Topco Ltd purchased a new position in shares of Graham in the third quarter valued at $583,000. MML Investors Services LLC purchased a new stake in Graham during the third quarter valued at $203,000. Finally, Barclays PLC grew its stake in shares of Graham by 32.4% in the 3rd quarter. Barclays PLC now owns 13,601 shares of the company's stock worth $11,176,000 after buying an additional 3,327 shares in the last quarter. 93.16% of the stock is currently owned by institutional investors.

Graham Stock Up 0.2 %

NYSE:GHC traded up $1.86 during trading hours on Wednesday, reaching $917.48. The company's stock had a trading volume of 19,059 shares, compared to its average volume of 16,959. The stock has a 50 day moving average price of $942.53 and a two-hundred day moving average price of $903.56. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57. Graham Holdings has a 12 month low of $683.00 and a 12 month high of $1,003.53. The company has a market capitalization of $3.98 billion, a P/E ratio of 17.98 and a beta of 0.92.

Graham Dividend Announcement

The business 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 0.78%. The ex-dividend date of this dividend is Thursday, April 17th. Graham's dividend payout ratio is presently 4.37%.

Analyst Ratings Changes

Separately, StockNews.com upgraded Graham from a "buy" rating to a "strong-buy" rating in a research 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.