Shares of Graham Holdings (NYSE:GHC - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 19,774 shares were traded during mid-day trading, an increase of 19% from the previous session's volume of 16,671 shares.The stock last traded at $943.96 and had previously closed at $954.19.
Graham Price Performance
The business's 50 day moving average price is $920.92 and its 200 day moving average price is $872.42. The stock has a market capitalization of $4.07 billion, a P/E ratio of 18.38 and a beta of 1.12. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34.
Graham Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be given a dividend of $1.80 per share. The ex-dividend date is Thursday, April 17th. This represents a $7.20 annualized dividend and a yield of 0.77%. Graham's dividend payout ratio (DPR) is 4.37%.
Insider Activity at Graham
In other Graham news, CAO Marcel A. Snyman sold 159 shares of Graham stock in a transaction that occurred 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 transaction, the chief accounting officer now owns 442 shares of the company's stock, valued at $389,534.60. The trade was a 26.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 20.50% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Graham
Large investors have recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC lifted its holdings 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 in the last quarter. Daiwa Securities Group Inc. lifted its holdings in Graham by 558.3% during the third quarter. Daiwa Securities Group Inc. now owns 79 shares of the company's stock valued at $65,000 after purchasing an additional 67 shares in the last quarter. KBC Group NV lifted its holdings in shares of Graham by 60.0% in the third quarter. KBC Group NV now owns 104 shares of the company's stock worth $85,000 after buying an additional 39 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in shares of Graham by 44.0% in 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 in the last quarter. Finally, Covestor Ltd lifted its holdings in shares of Graham by 8.4% in the third quarter. Covestor Ltd now owns 155 shares of the company's stock worth $128,000 after buying an additional 12 shares in the last quarter. Hedge funds and other institutional investors own 93.16% of the company's stock.
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.
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