Virtu Financial LLC Acquires New Stake in Graham Holdings (NYSE:GHC)

Virtu Financial LLC purchased a new stake in Graham Holdings (NYSE:GHC) during the 4th quarter, HoldingsChannel reports. The fund purchased 570 shares of the company’s stock, valued at approximately $496,000.

Other large investors have also recently modified their holdings of the company. Intech Investment Management LLC bought a new stake in Graham during the third quarter valued at approximately $453,000. Cerity Partners LLC increased its position in shares of Graham by 9.0% during the 3rd quarter. Cerity Partners LLC now owns 631 shares of the company’s stock valued at $519,000 after purchasing an additional 52 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in shares of Graham by 558.3% during the third quarter. Daiwa Securities Group Inc. now owns 79 shares of the company’s stock worth $65,000 after acquiring an additional 67 shares in the last quarter. FMR LLC raised its position in Graham by 358.3% in the 3rd quarter. FMR LLC now owns 4,766 shares of the company’s stock worth $3,916,000 after purchasing an additional 3,726 shares during the period. Finally, BNP Paribas Financial Markets increased its holdings in shares of Graham by 37.0% in the third quarter. BNP Paribas Financial Markets now owns 899 shares of the company’s stock worth $739,000 after buying an additional 243 shares during the period. Institutional investors own 93.16% of the company’s stock.

Graham Stock Performance

Shares of GHC stock opened at $959.81 on Wednesday. The stock has a 50 day moving average price of $936.88 and a two-hundred day moving average price of $887.01. Graham Holdings has a fifty-two week low of $683.00 and a fifty-two week high of $993.49. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57. The company has a market capitalization of $4.17 billion, a P/E ratio of 18.79 and a beta of 1.12.

Graham Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date is Thursday, April 17th. Graham’s payout ratio is 4.37%.

Insider Activity at Graham

In other Graham news, CAO Marcel A. Snyman sold 159 shares of Graham stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $881.30, for a total transaction of $140,126.70. Following the sale, the chief accounting officer now directly owns 442 shares of the company’s stock, valued at approximately $389,534.60. The trade was a 26.46 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 20.50% of the stock is owned by corporate insiders.

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.