Jump Financial LLC Takes Position in Graham Holdings (NYSE:GHC)

by · The Cerbat Gem

Jump Financial LLC purchased a new stake in shares of Graham Holdings (NYSE:GHC – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 799 shares of the company’s stock, valued at approximately $697,000.

Several other large investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. grew its stake in Graham by 10.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company’s stock valued at $17,361,000 after acquiring an additional 1,941 shares in the last quarter. Franklin Resources Inc. grew its position in Graham by 8.6% during the third quarter. Franklin Resources Inc. now owns 10,311 shares of the company’s stock valued at $8,344,000 after purchasing an additional 819 shares in the last quarter. Miracle Mile Advisors LLC acquired a new position in Graham in the 4th quarter valued at approximately $437,000. Y Intercept Hong Kong Ltd purchased a new stake in Graham in the 4th quarter worth approximately $635,000. Finally, SG Americas Securities LLC boosted its stake in shares of Graham by 188.2% during the 4th quarter. SG Americas Securities LLC now owns 588 shares of the company’s stock valued at $513,000 after buying an additional 384 shares during the period. 93.16% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

View Our Latest Stock Report on GHC

Graham Stock Up 4.4 %

Shares of Graham stock opened at $915.47 on Wednesday. The stock has a 50-day simple moving average of $938.23 and a 200-day simple moving average of $906.85. Graham Holdings has a 52-week low of $683.00 and a 52-week high of $1,003.53. The firm has a market cap of $3.97 billion, a price-to-earnings ratio of 17.93 and a beta of 0.92. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 17th will be given a $1.80 dividend. This represents a $7.20 annualized dividend and a yield of 0.79%. The ex-dividend date is Thursday, April 17th. Graham’s dividend payout ratio is 4.37%.

Graham Company Profile

(Free Report)

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.

Further Reading

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