Graham Holdings (NYSE:GHC) Shares Bought by Credit Suisse AG

Credit Suisse AG grew its stake in Graham Holdings (NYSE:GHC – Get Rating) by 3.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,506 shares of the company’s stock after acquiring an additional 108 shares during the quarter. Credit Suisse AG’s holdings in Graham were worth $1,885,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James & Associates lifted its position in Graham by 2.8% during the first quarter. Raymond James & Associates now owns 1,011 shares of the company’s stock worth $618,000 after buying an additional 28 shares during the period. American Century Companies Inc. lifted its position in Graham by 155.6% during the first quarter. American Century Companies Inc. now owns 1,421 shares of the company’s stock worth $869,000 after buying an additional 865 shares during the period. MetLife Investment Management LLC raised its holdings in shares of Graham by 35.5% in the 1st quarter. MetLife Investment Management LLC now owns 4,499 shares of the company’s stock worth $2,751,000 after purchasing an additional 1,179 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Graham by 10.5% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,462 shares of the company’s stock worth $894,000 after purchasing an additional 139 shares during the period. Finally, Great West Life Assurance Co. Can raised its holdings in shares of Graham by 9.4% in the 1st quarter. Great West Life Assurance Co. Can now owns 2,203 shares of the company’s stock worth $1,380,000 after purchasing an additional 189 shares during the period. 63.24% of the stock is currently owned by hedge funds and other institutional investors.

Graham Trading Down 0.6 %

Graham stock opened at $622.67 on Tuesday. Graham Holdings has a 52 week low of $525.58 and a 52 week high of $681.70. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.26 and a current ratio of 1.45. The firm has a market capitalization of $2.98 billion, a PE ratio of 45.99 and a beta of 1.03. The business’s 50-day simple moving average is $635.84 and its 200-day simple moving average is $608.18.

Graham Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 11th. Stockholders of record on Thursday, April 20th will be paid a $1.65 dividend. This represents a $6.60 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date of this dividend is Wednesday, April 19th. Graham’s dividend payout ratio (DPR) is currently 48.74%.

Analyst Ratings Changes

Separately, TheStreet upgraded Graham from a “c” rating to a “b+” rating in a research note on Monday, December 5th.

Insider Activity at Graham

In other news, CAO Marcel A. Snyman sold 128 shares of the stock in a transaction dated Monday, January 9th. The shares were sold at an average price of $617.68, for a total transaction of $79,063.04. Following the completion of the transaction, the chief accounting officer now directly owns 456 shares in the company, valued at approximately $281,662.08. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, CAO Marcel A. Snyman sold 128 shares of Graham stock in a transaction that occurred on Monday, January 9th. The shares were sold at an average price of $617.68, for a total value of $79,063.04. Following the transaction, the chief accounting officer now directly owns 456 shares of the company’s stock, valued at $281,662.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Marcel A. Snyman sold 72 shares of Graham stock in a transaction that occurred on Wednesday, January 4th. The shares were sold at an average price of $611.06, for a total transaction of $43,996.32. Following the completion of the transaction, the chief accounting officer now directly owns 584 shares in the company, valued at $356,859.04. The disclosure for this sale can be found here. 20.50% of the stock is owned by corporate insiders.

Graham Company Profile

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Graham Holdings Co engages in the provision of education and media services. It operates through the following segments: Education, Television Broadcasting, Manufacturing, Healthcare, SocialCode, and Other Businesses. The Education segment includes professional training and postsecondary education businesses largely outside the U.S.