Graham (NYSE:GHC) Sees Strong Trading Volume

Shares of Graham Holdings (NYSE:GHC) saw unusually-high trading volume on Friday . Approximately 8,068 shares were traded during trading, a decline of 49% from the previous session’s volume of 15,713 shares.The stock last traded at $703.16 and had previously closed at $695.62.

Wall Street Analysts Forecast Growth

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

Graham Price Performance

The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.31. The firm’s 50 day moving average is $729.81 and its 200 day moving average is $719.73. The firm has a market cap of $3.10 billion, a P/E ratio of 11.60 and a beta of 1.11.

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

Graham Announces Dividend

The company also recently announced 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 0.98%. Graham’s dividend payout ratio (DPR) is presently 11.41%.

Insiders Place Their Bets

In other news, Director Anne M. Mulcahy bought 135 shares of the firm’s stock in a transaction on Tuesday, May 28th. The stock was acquired at an average cost of $745.07 per share, with a total value of $100,584.45. Following the completion of the acquisition, the director now owns 662 shares of the company’s stock, valued at $493,236.34. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 20.50% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Cetera Advisors LLC purchased a new position in shares of Graham during the first quarter valued at approximately $5,256,000. Cetera Investment Advisers raised its holdings in shares of Graham by 5.7% during the first quarter. Cetera Investment Advisers now owns 7,070 shares of the company’s stock valued at $5,427,000 after purchasing an additional 379 shares during the last quarter. Delphi Management Inc. MA raised its holdings in shares of Graham by 8.6% during the first quarter. Delphi Management Inc. MA now owns 2,339 shares of the company’s stock valued at $1,796,000 after purchasing an additional 185 shares during the last quarter. Virtu Financial LLC increased its holdings in Graham by 24.8% during the first quarter. Virtu Financial LLC now owns 533 shares of the company’s stock valued at $408,000 after buying an additional 106 shares during the last quarter. Finally, Tidal Investments LLC purchased a new stake in Graham during the first quarter valued at approximately $857,000. 62.54% of the stock is owned by hedge funds and other institutional investors.

About Graham

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.