3,066 Shares in Graham Holdings (NYSE:GHC) Acquired by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. bought a new position in shares of Graham Holdings (NYSE:GHC - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,066 shares of the company's stock, valued at approximately $2,136,000. Assenagon Asset Management S.A. owned about 0.07% of Graham as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of GHC. Envestnet Asset Management Inc. boosted its position in Graham by 27,384.9% during the first quarter. Envestnet Asset Management Inc. now owns 220,704 shares of the company's stock worth $500,000 after acquiring an additional 219,901 shares during the last quarter. Select Equity Group L.P. acquired a new position in shares of Graham in the 1st quarter valued at $24,767,000. Norges Bank acquired a new position in shares of Graham in the 4th quarter valued at $23,344,000. Goldman Sachs Group Inc. boosted its holdings in shares of Graham by 89.1% in the 2nd quarter. Goldman Sachs Group Inc. now owns 59,259 shares of the company's stock valued at $33,590,000 after purchasing an additional 27,925 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of Graham in the 4th quarter valued at $10,418,000. Institutional investors and hedge funds own 62.54% of the company's stock.

Insider Activity at Graham

In related news, Director Katharine Weymouth sold 556 shares of Graham stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $712.99, for a total transaction of $396,422.44. Following the transaction, the director now owns 1,993 shares in the company, valued at approximately $1,420,989.07. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 20.50% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Graham from a "hold" rating to a "buy" rating in a report on Monday, March 11th.

Graham Stock Down 0.8 %

Shares of NYSE:GHC traded down $6.03 during midday trading on Thursday, hitting $755.20. 11,759 shares of the company's stock traded hands, compared to its average volume of 14,466. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.26 and a current ratio of 1.50. The company has a market cap of $3.37 billion, a PE ratio of 17.37 and a beta of 1.11. The firm's fifty day moving average price is $725.88 and its two-hundred day moving average price is $665.99. Graham Holdings has a twelve month low of $551.36 and a twelve month high of $771.05.

Graham (NYSE:GHC - Get Free Report) last posted its earnings results on Friday, February 23rd. The company reported $10.94 earnings per share for the quarter. The business had revenue of $1.17 billion for the quarter. Graham had a net margin of 4.65% and a return on equity of 5.23%.

Graham Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Investors of record on Thursday, April 18th will be issued a dividend of $1.72 per share. The ex-dividend date of this dividend is Wednesday, April 17th. This represents a $6.88 annualized dividend and a dividend yield of 0.91%. Graham's payout ratio is 15.83%.

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.