Graham (NYSE:GHC) Sees Unusually-High Trading Volume - Still a Buy?

Shares of Graham Holdings (NYSE:GHC - Get Free Report) saw an uptick in trading volume on Tuesday . 16,613 shares traded hands during trading, a decline of 2% from the previous session's volume of 16,909 shares.The stock last traded at $927.39 and had previously closed at $910.05.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Graham from a "buy" rating to a "strong-buy" rating in a research report on Saturday, March 29th.

Graham Stock Performance

The company has a market capitalization of $3.94 billion, a P/E ratio of 17.79 and a beta of 0.92. The business has a 50 day moving average of $940.39 and a 200 day moving average of $905.57. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18.

Graham Dividend Announcement

The firm also recently announced 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. This represents a $7.20 annualized dividend and a dividend yield of 0.79%. The ex-dividend date is Thursday, April 17th. Graham's dividend payout ratio is 4.37%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of GHC. Smartleaf Asset Management LLC lifted its stake in shares of Graham by 55.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock worth $27,000 after acquiring an additional 11 shares during the last quarter. KBC Group NV raised its holdings in shares of Graham by 36.5% in the 4th quarter. KBC Group NV now owns 142 shares of the company's stock valued at $124,000 after purchasing an additional 38 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its stake in shares of Graham by 44.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company's stock valued at $126,000 after purchasing an additional 44 shares in the last quarter. Principal Securities Inc. increased its holdings in Graham by 30.0% during the fourth quarter. Principal Securities Inc. now owns 182 shares of the company's stock valued at $159,000 after buying an additional 42 shares during the period. Finally, GeoWealth Management LLC bought a new position in shares of Graham in the 4th quarter worth $197,000. 93.16% of the stock is owned by hedge funds and other institutional investors.

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.