Graham (NYSE:GHC) Sees Strong Trading Volume - Time to Buy?

Graham Holdings (NYSE:GHC - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 12,905 shares traded hands during mid-day trading, an increase of 9% from the previous session's volume of 11,804 shares.The stock last traded at $903.70 and had previously closed at $909.60.

Wall Street Analyst Weigh In

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

Graham Trading Down 0.0 %

The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57. The firm has a market capitalization of $3.93 billion, a price-to-earnings ratio of 17.76 and a beta of 1.14. The business has a fifty day moving average price of $904.90 and a 200 day moving average price of $831.26.

Graham (NYSE:GHC - Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $17.25 EPS for the quarter. The company had revenue of $1.21 billion during the quarter. Graham had a return on equity of 5.79% and a net margin of 4.86%.

Graham Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Monday, February 3rd will be given a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a yield of 0.79%. This is a boost from Graham's previous quarterly dividend of $1.72. The ex-dividend date is Monday, February 3rd. Graham's payout ratio is 14.10%.

Insiders Place Their Bets

In other Graham news, CAO Marcel A. Snyman sold 159 shares of the stock in a transaction that occurred 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 sale, the chief accounting officer now owns 442 shares of the company's stock, valued at $389,534.60. This trade represents a 26.46 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 20.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Covestor Ltd boosted its stake in shares of Graham by 8.4% during the 3rd quarter. Covestor Ltd now owns 155 shares of the company's stock valued at $128,000 after buying an additional 12 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in Graham by 3.5% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 447 shares of the company's stock worth $313,000 after acquiring an additional 15 shares in the last quarter. Truist Financial Corp lifted its position in shares of Graham by 1.1% during the second quarter. Truist Financial Corp now owns 1,982 shares of the company's stock worth $1,387,000 after purchasing an additional 21 shares during the last quarter. Delphi Management Inc. MA grew its stake in Graham by 1.5% in the second quarter. Delphi Management Inc. MA now owns 2,373 shares of the company's stock worth $1,660,000 after purchasing an additional 34 shares in the last quarter. Finally, KBC Group NV increased its holdings in Graham by 36.5% in the fourth quarter. KBC Group NV now owns 142 shares of the company's stock valued at $124,000 after buying an additional 38 shares during the last quarter. 93.16% of the stock is currently owned by hedge funds and other 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.