Graham (NYSE:GHC) Shares Gap Up to $574.21


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Graham Holdings (NYSE:GHC)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $574.21, but opened at $591.78. Graham shares last traded at $601.31, with a volume of 3 shares trading hands.

The company has a current ratio of 1.66, a quick ratio of 1.52 and a debt-to-equity ratio of 0.16. The firm has a market cap of $3.05 billion, a PE ratio of 15.35 and a beta of 1.10. The company’s 50-day moving average is $589.81 and its 200 day moving average is $507.07.

Graham (NYSE:GHC) last issued its quarterly earnings results on Tuesday, February 23rd. The company reported $11.38 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $10.73 by $0.65. Graham had a net margin of 7.30% and a return on equity of 4.71%.

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 13th. Shareholders of record on Friday, April 16th will be given a $1.51 dividend. The ex-dividend date of this dividend is Thursday, April 15th. This represents a $6.04 dividend on an annualized basis and a yield of 0.99%.

Hedge funds have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue lifted its position in Graham by 103.2% in the 4th quarter. State of Alaska Department of Revenue now owns 3,029 shares of the company’s stock worth $1,614,000 after buying an additional 1,538 shares in the last quarter. CLARET ASSET MANAGEMENT Corp purchased a new stake in Graham in the 4th quarter worth approximately $215,000. Mraz Amerine & Associates Inc. lifted its position in Graham by 12.9% in the 4th quarter. Mraz Amerine & Associates Inc. now owns 3,344 shares of the company’s stock worth $1,784,000 after buying an additional 382 shares in the last quarter. Sowell Financial Services LLC lifted its position in Graham by 6.8% in the 4th quarter. Sowell Financial Services LLC now owns 471 shares of the company’s stock worth $251,000 after buying an additional 30 shares in the last quarter. Finally, Change Path LLC purchased a new stake in Graham in the 4th quarter worth approximately $365,000. Institutional investors own 63.38% of the company’s stock.

Graham Company Profile (NYSE:GHC)

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 include professional training and postsecondary education businesses largely outside the U.S., and also English-language programs that provided by Kaplan, Inc.

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