Graham (NYSE:GHC) Downgraded by StockNews.com to Hold

StockNews.com cut shares of Graham (NYSE:GHC) from a buy rating to a hold rating in a research report sent to investors on Wednesday.

Graham Stock Performance

Shares of Graham stock opened at $757.43 on Wednesday. The business has a 50-day simple moving average of $748.98 and a 200 day simple moving average of $736.08. Graham has a one year low of $563.39 and a one year high of $822.18. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.61 and a quick ratio of 1.34. The firm has a market capitalization of $3.36 billion, a price-to-earnings ratio of 12.56 and a beta of 1.12.

Graham (NYSE:GHC) last announced its quarterly earnings results on Wednesday, July 31st. The company reported $12.70 EPS for the quarter. Graham had a net margin of 2.89% and a return on equity of 5.22%.

Hedge Funds Weigh In On Graham

A number of hedge funds have recently added to or reduced their stakes in GHC. Innealta Capital LLC purchased a new stake in shares of Graham in the second quarter worth approximately $35,000. Whittier Trust Co. bought a new stake in shares of Graham in the 2nd quarter worth $70,000. Quest Partners LLC purchased a new stake in shares of Graham in the fourth quarter valued at about $73,000. Headlands Technologies LLC bought a new position in shares of Graham during the second quarter valued at about $76,000. Finally, Principal Securities Inc. purchased a new position in Graham during the fourth quarter worth about $77,000. Institutional investors and hedge funds own 62.54% of the company’s stock.

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.