Ontario Teachers Pension Plan Board Purchases New Holdings in Graham Holdings (NYSE:GHC)

Ontario Teachers Pension Plan Board purchased a new position in shares of Graham Holdings (NYSE:GHC - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 498 shares of the company's stock, valued at approximately $434,000.

A number of other institutional investors have also added to or reduced their stakes in the company. MML Investors Services LLC bought a new stake in Graham during the 3rd quarter worth approximately $203,000. Barclays PLC increased its holdings in Graham by 32.4% during the 3rd quarter. Barclays PLC now owns 13,601 shares of the company's stock worth $11,176,000 after purchasing an additional 3,327 shares in the last quarter. Franklin Resources Inc. increased its holdings in Graham by 8.6% during the 3rd quarter. Franklin Resources Inc. now owns 10,311 shares of the company's stock worth $8,344,000 after purchasing an additional 819 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Graham by 10.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company's stock worth $17,361,000 after purchasing an additional 1,941 shares in the last quarter. Finally, Miracle Mile Advisors LLC bought a new stake in Graham during the 4th quarter worth approximately $437,000. 93.16% of the stock is owned by institutional investors and hedge funds.

Graham Stock Performance

Shares of GHC stock traded up $15.99 during trading on Wednesday, hitting $923.77. The company's stock had a trading volume of 9,489 shares, 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. The company has a market cap of $4.01 billion, a PE ratio of 18.09 and a beta of 0.92. The business has a fifty day moving average of $938.23 and a 200-day moving average of $906.85. Graham Holdings has a 52 week low of $683.00 and a 52 week high of $1,003.53.

Graham Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be given a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date is Thursday, April 17th. Graham's payout ratio is 4.37%.

Wall Street Analysts Forecast Growth

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