Graham (NYSE:GHC) Upgraded at StockNews.com

StockNews.com upgraded shares of Graham (NYSE:GHC) from a hold rating to a buy rating in a research note published on Wednesday.

Graham Stock Down 0.0 %

NYSE GHC traded down $0.03 on Wednesday, hitting $763.07. The stock had a trading volume of 23,945 shares, compared to its average volume of 14,467. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.31. Graham has a 52-week low of $551.36 and a 52-week high of $771.05. The stock has a market cap of $3.41 billion, a price-to-earnings ratio of 12.72 and a beta of 1.11. The business’s fifty day moving average price is $729.27 and its 200 day moving average price is $689.63.

Graham (NYSE:GHC) last issued its quarterly earnings data on Wednesday, May 1st. The company reported $11.24 EPS for the quarter. The firm had revenue of $1.15 billion for the quarter. Graham had a net margin of 6.12% and a return on equity of 5.39%.

Graham Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 8th. Investors of record on Thursday, July 18th will be paid a dividend of $1.72 per share. This represents a $6.88 annualized dividend and a yield of 0.90%. The ex-dividend date of this dividend is Thursday, July 18th. Graham’s dividend payout ratio (DPR) is 11.41%.

Insider Activity at Graham

In other news, Director Katharine Weymouth sold 556 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $712.99, for a total transaction of $396,422.44. Following the sale, the director now owns 1,993 shares in the company, valued at $1,420,989.07. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 32.30% of the company’s stock.

Institutional Trading of Graham

Several institutional investors have recently bought and sold shares of GHC. Quest Partners LLC bought a new stake in Graham during the 4th quarter worth about $73,000. Principal Securities Inc. acquired a new position in shares of Graham during the fourth quarter valued at $77,000. Signaturefd LLC increased its position in Graham by 26.2% in the fourth quarter. Signaturefd LLC now owns 260 shares of the company’s stock worth $181,000 after purchasing an additional 54 shares during the period. Janiczek Wealth Management LLC lifted its position in Graham by 10.9% during the 4th quarter. Janiczek Wealth Management LLC now owns 286 shares of the company’s stock valued at $199,000 after purchasing an additional 28 shares during the period. Finally, First United Bank & Trust bought a new position in shares of Graham in the 4th quarter valued at about $224,000. Institutional investors and hedge funds own 62.54% of the company’s stock.

Graham Company 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.