Free Trial

Graham (NYSE:GHC) Hits New 52-Week High - Here's What Happened

Graham logo with Consumer Discretionary background

Graham Holdings (NYSE:GHC - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $971.00 and last traded at $970.03, with a volume of 1458 shares trading hands. The stock had previously closed at $960.36.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Graham from a "hold" rating to a "buy" rating in a research report on Monday, November 4th.

View Our Latest Stock Report on Graham

Graham Trading Up 0.1 %

The firm has a market capitalization of $4.16 billion, a price-to-earnings ratio of 18.80 and a beta of 1.11. The business has a 50-day moving average of $803.98 and a two-hundred day moving average of $762.59. 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 Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Thursday, October 17th were given a dividend of $1.72 per share. This represents a $6.88 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date was Thursday, October 17th. Graham's dividend payout ratio (DPR) is presently 13.47%.

Institutional Investors Weigh In On Graham

Institutional investors have recently added to or reduced their stakes in the stock. Innealta Capital LLC acquired a new stake in Graham during the second quarter valued at approximately $35,000. Whittier Trust Co. acquired a new stake in Graham during the second quarter valued at approximately $70,000. KBC Group NV boosted its holdings in Graham by 60.0% during the third quarter. KBC Group NV now owns 104 shares of the company's stock valued at $85,000 after purchasing an additional 39 shares in the last quarter. Headlands Technologies LLC acquired a new stake in Graham during the second quarter valued at approximately $76,000. Finally, Covestor Ltd boosted its holdings in Graham by 8.4% during the third quarter. Covestor Ltd now owns 155 shares of the company's stock valued at $128,000 after purchasing an additional 12 shares in the last quarter. 62.54% of the stock is owned by institutional investors and hedge funds.

About Graham

(Get Free Report)

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.

Read More

Should you invest $1,000 in Graham right now?

Before you consider Graham, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Graham wasn't on the list.

While Graham currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?
Rocket Lab Stock Explodes Higher—What’s Next for This Space Pioneer?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines