Jefferies Group LLC grew its position in Graham Holdings Co (NYSE:GHC) by 51.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,435 shares of the company’s stock after acquiring an additional 490 shares during the quarter. Jefferies Group LLC’s holdings in Graham were worth $801,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of GHC. BlackRock Inc. boosted its holdings in shares of Graham by 7.7% in the fourth quarter. BlackRock Inc. now owns 393,913 shares of the company’s stock valued at $219,942,000 after acquiring an additional 28,161 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Graham by 7.6% in the third quarter. Dimensional Fund Advisors LP now owns 237,855 shares of the company’s stock valued at $139,168,000 after acquiring an additional 16,870 shares during the period. Assenagon Asset Management S.A. acquired a new stake in shares of Graham in the fourth quarter valued at approximately $8,902,000. Ruane Cunniff & Goldfarb Inc. acquired a new stake in shares of Graham in the third quarter valued at approximately $5,851,000. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Graham by 8.3% in the fourth quarter. Bank of New York Mellon Corp now owns 83,384 shares of the company’s stock valued at $46,557,000 after acquiring an additional 6,394 shares during the period. 70.96% of the stock is owned by institutional investors and hedge funds.
Separately, TheStreet raised Graham from a “c” rating to a “b-” rating in a report on Tuesday, February 27th.
Shares of Graham stock opened at $597.35 on Monday. The firm has a market capitalization of $3,287.22, a P/E ratio of 26.40 and a beta of 0.76. Graham Holdings Co has a fifty-two week low of $536.90 and a fifty-two week high of $615.85. The company has a quick ratio of 1.91, a current ratio of 1.98 and a debt-to-equity ratio of 0.17.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 15th. Stockholders of record on Thursday, April 19th will be issued a $1.33 dividend. This represents a $5.32 annualized dividend and a dividend yield of 0.89%. The ex-dividend date is Wednesday, April 18th. Graham’s payout ratio is currently 9.82%.
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Graham Holdings Company, formerly The Washington Post Company, is a diversified education and media company whose principal operations include educational services, television broadcasting, cable television systems, and online, print and local TV news. The Company owns Kaplan, a provider of educational services to individuals, schools and businesses, serving over one million students annually with operations in more than 30 countries.
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