StockNews.com Upgrades Graham (NYSE:GHC) to Buy

Graham (NYSE:GHC) was upgraded by investment analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Monday.

Graham Stock Performance

Shares of GHC opened at $860.21 on Monday. The company has a market capitalization of $3.78 billion, a PE ratio of 16.84 and a beta of 1.11. Graham has a 52-week low of $599.03 and a 52-week high of $860.70. The company has a 50-day simple moving average of $794.86 and a 200-day simple moving average of $757.67. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18.

Institutional Trading of Graham

Several institutional investors and hedge funds have recently made changes to their positions in the stock. BNP Paribas Financial Markets lifted its stake in shares of Graham by 69.2% during the first quarter. BNP Paribas Financial Markets now owns 1,824 shares of the company’s stock valued at $1,400,000 after buying an additional 746 shares during the period. Texas Permanent School Fund Corp boosted its holdings in shares of Graham by 1.3% during the first quarter. Texas Permanent School Fund Corp now owns 3,133 shares of the company’s stock worth $2,405,000 after purchasing an additional 41 shares during the last quarter. Swiss National Bank grew its position in shares of Graham by 2.9% in the first quarter. Swiss National Bank now owns 7,100 shares of the company’s stock valued at $5,451,000 after purchasing an additional 200 shares during the period. QRG Capital Management Inc. acquired a new position in Graham in the first quarter valued at $452,000. Finally, ProShare Advisors LLC lifted its position in Graham by 2.2% during the first quarter. ProShare Advisors LLC now owns 799 shares of the company’s stock worth $613,000 after buying an additional 17 shares during the period. 62.54% of the stock is currently 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.