Graham (NYSE:GHC) Sees Strong Trading Volume - Here's Why

Graham Holdings (NYSE:GHC - Get Free Report) shares saw an uptick in trading volume on Friday . 14,360 shares were traded during trading, a decline of 12% from the previous session's volume of 16,270 shares.The stock last traded at $983.41 and had previously closed at $972.90.

Analysts Set New Price Targets

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

Graham Stock Performance

The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $4.12 billion, a price-to-earnings ratio of 18.63 and a beta of 1.13. The company has a 50-day moving average of $917.25 and a 200-day moving average of $869.21.

Graham Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 17th will be paid a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date is Thursday, April 17th. Graham's payout ratio is 4.37%.

Insider Buying and Selling at Graham

In other Graham news, CAO Marcel A. Snyman sold 159 shares of the firm's 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 sale, the chief accounting officer now directly owns 442 shares in the company, valued at approximately $389,534.60. This trade represents a 26.46 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 20.50% of the stock is currently owned by company insiders.

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Institutional Investors Weigh In On Graham

A number of hedge funds have recently added to or reduced their stakes in GHC. QRG Capital Management Inc. increased its holdings in shares of Graham by 13.9% during the third quarter. QRG Capital Management Inc. now owns 698 shares of the company's stock valued at $574,000 after purchasing an additional 85 shares during the period. Covestor Ltd increased its holdings in shares of 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 during the period. KBC Group NV increased its holdings in shares of 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 during the period. Quest Partners LLC increased its holdings in shares of Graham by 25,420.0% during the third quarter. Quest Partners LLC now owns 1,276 shares of the company's stock valued at $1,049,000 after purchasing an additional 1,271 shares during the period. Finally, Intech Investment Management LLC acquired a new position in shares of Graham during the third quarter valued at $453,000. 93.16% of the stock is currently owned by institutional investors.

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.