Graham (NYSE:GHC) Sees Unusually-High Trading Volume - Should You Buy?

Shares of Graham Holdings (NYSE:GHC - Get Free Report) saw an uptick in trading volume on Wednesday . 18,230 shares changed hands during trading, an increase of 19% from the previous session's volume of 15,282 shares.The stock last traded at $948.37 and had previously closed at $938.85.

Graham Trading Down 2.2 %

The firm has a market capitalization of $4.08 billion, a price-to-earnings ratio of 18.40 and a beta of 1.12. 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 business's fifty day moving average is $933.18 and its 200 day moving average is $883.87.

Graham Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 8th. Stockholders of record on Thursday, April 17th will be given a dividend of $1.80 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $7.20 annualized dividend and a dividend yield of 0.77%. Graham's dividend payout ratio is currently 4.37%.

Insider Activity at Graham

In related news, CAO Marcel A. Snyman sold 159 shares of the firm's stock in a transaction on Monday, January 6th. The shares were sold at an average price of $881.30, for a total value of $140,126.70. Following the completion of the transaction, the chief accounting officer now owns 442 shares of the company's stock, 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 document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 20.50% of the stock is owned by insiders.

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Hedge Funds Weigh In On Graham

Hedge funds have recently modified their holdings of the stock. Smartleaf Asset Management LLC boosted its position in Graham by 55.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock valued at $27,000 after purchasing an additional 11 shares during the last quarter. Daiwa Securities Group Inc. boosted its holdings in shares of Graham by 558.3% in the 3rd quarter. Daiwa Securities Group Inc. now owns 79 shares of the company's stock valued at $65,000 after buying an additional 67 shares during the last quarter. KBC Group NV grew its stake in shares of Graham by 60.0% in the third quarter. KBC Group NV now owns 104 shares of the company's stock valued at $85,000 after buying an additional 39 shares in the last quarter. Steward Partners Investment Advisory LLC increased its holdings in Graham by 44.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company's stock worth $126,000 after buying an additional 44 shares during the last quarter. Finally, Principal Securities Inc. raised its position in Graham by 30.0% during the fourth quarter. Principal Securities Inc. now owns 182 shares of the company's stock worth $159,000 after acquiring an additional 42 shares in the last quarter. Institutional investors own 93.16% 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.