Graham (NYSE:GHC) Upgraded by StockNews.com to Strong-Buy Rating

StockNews.com upgraded shares of Graham (NYSE:GHC - Free Report) from a buy rating to a strong-buy rating in a research report report published on Saturday.

Graham Stock Up 1.2 %

Shares of NYSE:GHC traded up $11.59 during trading hours on Friday, hitting $972.45. The company's stock had a trading volume of 28,794 shares, compared to its average volume of 16,223. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34. The firm's fifty day moving average price is $943.08 and its 200 day moving average price is $894.78. Graham has a 52 week low of $683.00 and a 52 week high of $993.49. The company has a market capitalization of $4.22 billion, a price-to-earnings ratio of 19.04 and a beta of 1.12.

Graham Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 8th. Stockholders of record on Thursday, April 17th will be given a $1.80 dividend. This represents a $7.20 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend is Thursday, April 17th. Graham's payout ratio is 4.37%.

Insider Transactions at Graham

In other Graham news, CAO Marcel A. Snyman sold 159 shares of Graham stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $881.30, for a total value of $140,126.70. Following the transaction, the chief accounting officer now owns 442 shares in the company, valued at $389,534.60. The trade was 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 available at the SEC website. Corporate insiders own 20.50% of the company's stock.

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Institutional Trading of Graham

A number of institutional investors have recently modified their holdings of GHC. Forum Financial Management LP acquired a new stake in Graham in the fourth quarter valued at approximately $1,517,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Graham by 22.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,551 shares of the company's stock valued at $5,712,000 after purchasing an additional 1,199 shares during the last quarter. ProShare Advisors LLC lifted its holdings in shares of Graham by 38.5% during the 4th quarter. ProShare Advisors LLC now owns 1,058 shares of the company's stock valued at $922,000 after purchasing an additional 294 shares during the last quarter. Nomura Holdings Inc. purchased a new position in Graham during the 4th quarter worth $389,000. Finally, Millennium Management LLC increased its position in Graham by 16.8% during the 4th quarter. Millennium Management LLC now owns 5,891 shares of the company's stock valued at $5,136,000 after buying an additional 847 shares in the last quarter. 93.16% of the stock is currently owned by 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.