Graham (NYSE:GHC) Hits New 52-Week High at $782.43

Shares of Graham Holdings (NYSE:GHC) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $782.43 and last traded at $778.73, with a volume of 20625 shares trading hands. The stock had previously closed at $744.30.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Graham from a “hold” rating to a “buy” rating in a research note on Wednesday, June 12th.

Graham Trading Down 1.0 %

The company has a current ratio of 1.57, a quick ratio of 1.31 and a debt-to-equity ratio of 0.18. The business has a 50 day moving average of $728.82 and a 200-day moving average of $723.03. The stock has a market cap of $3.45 billion, a PE ratio of 12.87 and a beta of 1.12.

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

Graham Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 8th. Shareholders of record on Thursday, July 18th will be issued a $1.72 dividend. The ex-dividend date of this dividend is Thursday, July 18th. This represents a $6.88 annualized dividend and a yield of 0.89%. Graham’s dividend payout ratio (DPR) is presently 11.41%.

Insider Buying and Selling at Graham

In other Graham news, Director Anne M. Mulcahy purchased 135 shares of the business’s stock in a transaction on Tuesday, May 28th. The stock was bought at an average cost of $745.07 per share, for a total transaction of $100,584.45. Following the acquisition, the director now owns 662 shares of the company’s stock, valued at approximately $493,236.34. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 20.50% of the stock is currently owned by insiders.

Institutional Trading of Graham

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Insight Inv LLC increased its holdings in shares of Graham by 0.6% during the 1st quarter. Insight Inv LLC now owns 2,607 shares of the company’s stock worth $2,001,000 after buying an additional 15 shares during the last quarter. ProShare Advisors LLC increased its holdings in shares of Graham by 2.2% during the 1st quarter. ProShare Advisors LLC now owns 799 shares of the company’s stock worth $613,000 after buying an additional 17 shares during the last quarter. Janiczek Wealth Management LLC increased its holdings in shares of Graham by 8.4% during the 1st quarter. Janiczek Wealth Management LLC now owns 310 shares of the company’s stock worth $238,000 after buying an additional 24 shares during the last quarter. QRG Capital Management Inc. increased its holdings in shares of Graham by 4.1% during the 2nd quarter. QRG Capital Management Inc. now owns 613 shares of the company’s stock worth $429,000 after buying an additional 24 shares during the last quarter. Finally, DAVENPORT & Co LLC boosted its position in Graham by 4.8% during the 4th quarter. DAVENPORT & Co LLC now owns 545 shares of the company’s stock worth $380,000 after purchasing an additional 25 shares during the period. 62.54% of the stock is currently owned by institutional investors and hedge funds.

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.