Graham (NYSE:GHC) Sees Unusually-High Trading Volume – Time to Buy?

Graham Holdings (NYSE:GHC) saw unusually-high trading volume on Tuesday . Approximately 16,613 shares changed hands during mid-day trading, a decline of 2% from the previous session’s volume of 16,909 shares.The stock last traded at $927.39 and had previously closed at $910.05.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Graham from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 29th.

Graham Stock Up 0.6 %

The firm has a market cap of $4.00 billion, a PE ratio of 18.04 and a beta of 0.92. The business has a 50-day moving average price of $942.89 and a two-hundred day moving average price of $903.43. 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 business also recently declared 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 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date of this dividend is Thursday, April 17th. Graham’s dividend payout ratio is currently 4.37%.

Hedge Funds Weigh In On Graham

Institutional investors and hedge funds have recently made changes to their positions in the stock. Northern Trust Corp lifted its stake in Graham by 12.6% in the fourth quarter. Northern Trust Corp now owns 44,473 shares of the company’s stock worth $38,777,000 after acquiring an additional 4,988 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Graham during the 4th quarter worth $26,773,000. JPMorgan Chase & Co. lifted its position in shares of Graham by 16.5% during the 4th quarter. JPMorgan Chase & Co. now owns 24,623 shares of the company’s stock worth $21,469,000 after purchasing an additional 3,495 shares during the last quarter. GAMMA Investing LLC increased its holdings in Graham by 128,013.3% in the first quarter. GAMMA Investing LLC now owns 19,217 shares of the company’s stock valued at $18,465,000 after buying an additional 19,202 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in Graham by 84.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 18,837 shares of the company’s stock valued at $16,424,000 after buying an additional 8,615 shares in the last quarter. 93.16% of the stock is 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.