Graham (NYSE:GHC) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Graham Holdings (NYSE:GHC) saw unusually-strong trading volume on Wednesday . Approximately 26,007 shares were traded during mid-day trading, an increase of 67% from the previous session’s volume of 15,611 shares.The stock last traded at $969.11 and had previously closed at $970.65.

Graham Price Performance

The firm’s fifty day moving average price is $936.88 and its 200-day moving average price is $887.01. The stock has a market cap of $4.21 billion, a P/E ratio of 19.05 and a beta of 1.12. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18.

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 issued a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend is Thursday, April 17th. Graham’s payout ratio is 4.37%.

Insider Activity

In related news, CAO Marcel A. Snyman sold 159 shares of the stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $881.30, for a total value of $140,126.70. Following the completion of the transaction, the chief accounting officer now owns 442 shares of the company’s stock, valued at approximately $389,534.60. This trade represents a 26.46 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 20.50% of the company’s stock.

Institutional Investors Weigh In On Graham

A number of hedge funds have recently made changes to their positions in the stock. Smartleaf Asset Management LLC lifted its holdings in shares of Graham by 55.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 31 shares of the company’s stock valued at $27,000 after buying an additional 11 shares during the period. Stifel Financial Corp boosted its position in shares of Graham by 1.8% during the 4th quarter. Stifel Financial Corp now owns 623 shares of the company’s stock worth $543,000 after purchasing an additional 11 shares during the period. Xponance Inc. boosted its stake in shares of Graham by 3.3% in the fourth quarter. Xponance Inc. now owns 469 shares of the company’s stock valued at $409,000 after purchasing an additional 15 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Graham by 1.0% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,238 shares of the company’s stock valued at $1,951,000 after purchasing an additional 23 shares during the period. Finally, KBC Group NV grew its holdings in Graham by 36.5% during the 4th quarter. KBC Group NV now owns 142 shares of the company’s stock worth $124,000 after acquiring an additional 38 shares in the last quarter. 93.16% of the stock is currently owned by hedge funds and other institutional investors.

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.