Bahl & Gaynor Inc. Acquires New Position in Graham Holdings (NYSE:GHC)

Bahl & Gaynor Inc. bought a new position in shares of Graham Holdings (NYSE:GHC) during the fourth quarter, HoldingsChannel.com reports. The firm bought 300 shares of the company’s stock, valued at approximately $262,000.

Other large investors have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC increased its stake in shares of Graham by 55.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 31 shares of the company’s stock worth $27,000 after purchasing an additional 11 shares in the last quarter. Daiwa Securities Group Inc. increased its stake in Graham by 558.3% in the 3rd quarter. Daiwa Securities Group Inc. now owns 79 shares of the company’s stock worth $65,000 after buying an additional 67 shares in the last quarter. KBC Group NV raised its holdings in Graham by 60.0% during the third quarter. KBC Group NV now owns 104 shares of the company’s stock valued at $85,000 after acquiring an additional 39 shares during the period. Steward Partners Investment Advisory LLC lifted its position in shares of Graham by 44.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company’s stock valued at $126,000 after acquiring an additional 44 shares in the last quarter. Finally, Covestor Ltd boosted its stake in shares of Graham by 8.4% in the third quarter. Covestor Ltd now owns 155 shares of the company’s stock worth $128,000 after acquiring an additional 12 shares during the period. Hedge funds and other institutional investors own 93.16% of the company’s stock.

Insider Buying and Selling

In other Graham news, CAO Marcel A. Snyman sold 159 shares of the stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $881.30, for a total transaction of $140,126.70. Following the completion of the transaction, the chief accounting officer now owns 442 shares of the company’s stock, valued at $389,534.60. This represents a 26.46 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 20.50% of the stock is owned by company insiders.

Graham Stock Up 0.4 %

Shares of GHC opened at $953.25 on Thursday. The business’s 50 day moving average is $918.59 and its 200 day moving average is $869.79. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. Graham Holdings has a 12-month low of $683.00 and a 12-month high of $993.49. The company has a market capitalization of $4.13 billion, a PE ratio of 18.67 and a beta of 1.13.

Graham Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Stockholders of record on Thursday, April 17th will be issued a $1.80 dividend. This represents a $7.20 annualized dividend and a dividend yield of 0.76%. The ex-dividend date is Thursday, April 17th. Graham’s dividend payout ratio (DPR) is presently 4.37%.

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.