Graham (NYSE:GHC) Reaches New 1-Year High - Still a Buy?

Graham Holdings (NYSE:GHC - Get Free Report)'s share price hit a new 52-week high on Monday . The company traded as high as $993.49 and last traded at $986.91, with a volume of 20381 shares. The stock had previously closed at $979.30.

Graham Stock Down 1.0 %

The firm has a market cap of $4.09 billion, a price-to-earnings ratio of 18.49 and a beta of 1.13. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18. The firm has a fifty day moving average price of $918.59 and a 200-day moving average price of $869.79.

Graham Dividend Announcement

The firm also recently declared 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 annualized dividend and a yield of 0.76%. The ex-dividend date is Thursday, April 17th. Graham's dividend payout ratio (DPR) is 4.37%.

Insider Transactions at Graham

In related news, CAO Marcel A. Snyman sold 159 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $881.30, for a total value of $140,126.70. Following the transaction, the chief accounting officer now directly 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 filing with the SEC, which can be accessed through the SEC website. Insiders own 20.50% of the company's stock.

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Institutional Investors Weigh In On Graham

A number of institutional investors have recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC lifted its stake 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 purchasing an additional 11 shares in the last quarter. Stifel Financial Corp raised its holdings in Graham by 1.8% in the fourth quarter. Stifel Financial Corp now owns 623 shares of the company's stock valued at $543,000 after buying an additional 11 shares during the period. Covestor Ltd grew its stake in Graham by 8.4% during the third quarter. Covestor Ltd now owns 155 shares of the company's stock worth $128,000 after buying an additional 12 shares during the period. Xponance Inc. increased its position in shares of Graham by 3.3% in the fourth quarter. Xponance Inc. now owns 469 shares of the company's stock worth $409,000 after acquiring an additional 15 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Graham by 1.0% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,238 shares of the company's stock valued at $1,951,000 after acquiring an additional 23 shares during the period. Hedge funds and other institutional investors own 93.16% of the company's stock.

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.