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

Graham Holdings (NYSE:GHC - Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 10,478 shares traded hands during mid-day trading, a decline of 28% from the previous session's volume of 14,567 shares.The stock last traded at $921.52 and had previously closed at $928.82.

Wall Street Analyst Weigh In

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

Graham Stock Down 0.7 %

The firm's 50 day moving average price is $904.46 and its two-hundred day moving average price is $842.67. The company has a market cap of $4.06 billion, a P/E ratio of 18.37 and a beta of 1.13. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57.

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 paid a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date of this dividend is Monday, February 3rd. This is a positive change from Graham's previous quarterly dividend of $1.72. Graham's payout ratio is 13.47%.

Insider Buying and Selling at Graham

In other Graham news, CAO Marcel A. Snyman sold 159 shares of the business's stock in a transaction on Monday, January 6th. The shares were sold at an average price of $881.30, for a total transaction of $140,126.70. Following the completion of the sale, the chief accounting officer now owns 442 shares in the company, valued at approximately $389,534.60. The trade was a 26.46 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 32.30% of the stock is currently owned by company insiders.

Institutional Trading of Graham

Hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. grew its stake in shares of Graham by 10.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company's stock worth $17,361,000 after acquiring an additional 1,941 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Graham by 8.6% in the 3rd quarter. Franklin Resources Inc. now owns 10,311 shares of the company's stock worth $8,344,000 after acquiring an additional 819 shares in the last quarter. Miracle Mile Advisors LLC bought a new stake in shares of Graham in the 4th quarter worth $437,000. Autumn Glory Partners LLC grew its stake in shares of Graham by 100.0% in the 3rd quarter. Autumn Glory Partners LLC now owns 4,342 shares of the company's stock worth $3,568,000 after acquiring an additional 2,171 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its stake in shares of Graham by 558.3% in the 3rd quarter. Daiwa Securities Group Inc. now owns 79 shares of the company's stock worth $65,000 after acquiring an additional 67 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.