Landscape Capital Management L.L.C. Buys New Holdings in Graham Holdings (NYSE:GHC)

Landscape Capital Management L.L.C. purchased a new position in shares of Graham Holdings (NYSE:GHC) in the 4th quarter, Holdings Channel reports. The firm purchased 1,882 shares of the company’s stock, valued at approximately $1,641,000.

A number of other large investors also recently modified their holdings of GHC. Raymond James Financial Inc. acquired a new position in shares of Graham during the fourth quarter worth $26,773,000. JPMorgan Chase & Co. boosted its position in shares of Graham by 16.5% during the 4th quarter. JPMorgan Chase & Co. now owns 24,623 shares of the company’s stock worth $21,469,000 after acquiring an additional 3,495 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Graham by 84.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 18,837 shares of the company’s stock valued at $16,424,000 after acquiring an additional 8,615 shares during the last quarter. Barclays PLC raised its position in shares of 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 acquiring an additional 3,327 shares in the last quarter. Finally, Franklin Resources Inc. lifted its stake in Graham by 18.9% during the fourth quarter. Franklin Resources Inc. now owns 12,257 shares of the company’s stock worth $10,687,000 after purchasing an additional 1,946 shares during the last quarter. 93.16% of the stock is owned by hedge funds and other institutional investors.

Graham Price Performance

Shares of NYSE:GHC opened at $927.50 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34. Graham Holdings has a 12 month low of $683.00 and a 12 month high of $1,003.53. The firm has a market capitalization of $4.03 billion, a P/E ratio of 18.16 and a beta of 1.12. The company’s fifty day moving average price is $946.12 and its 200 day moving average price is $896.85.

Graham Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be given a $1.80 dividend. The ex-dividend date is Thursday, April 17th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.78%. Graham’s dividend payout ratio (DPR) is presently 4.37%.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Graham from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 29th.

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.