Graham (NYSE:GHC) Sees Large Volume Increase – Should You Buy?

Graham Holdings (NYSE:GHC) shares saw an uptick in trading volume on Thursday . 12,905 shares changed hands during 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 note on Monday, November 4th.

Graham Stock Performance

The stock’s 50 day moving average price is $904.90 and its 200 day moving average price is $831.26. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. The company has a market cap of $3.93 billion, a price-to-earnings ratio of 17.76 and a beta of 1.14.

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

Graham Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Monday, February 3rd will be paid a dividend of $1.80 per share. This is an increase from Graham’s previous quarterly dividend of $1.72. The ex-dividend date is Monday, February 3rd. This represents a $7.20 annualized dividend and a yield of 0.79%. Graham’s payout ratio is 13.47%.

Insider Buying and Selling at Graham

In other news, CAO Marcel A. Snyman sold 159 shares of Graham stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $881.30, for a total value of $140,126.70. Following the completion of the transaction, the chief accounting officer now owns 442 shares in the company, valued at approximately $389,534.60. This trade represents a 26.46 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 20.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Graham

A number of hedge funds have recently added to or reduced their stakes in the business. Covestor Ltd boosted its position in Graham by 8.4% during the 3rd quarter. Covestor Ltd now owns 155 shares of the company’s stock valued at $128,000 after purchasing an additional 12 shares during the period. Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Graham by 3.5% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 447 shares of the company’s stock valued at $313,000 after acquiring an additional 15 shares during the period. Truist Financial Corp grew 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 acquiring an additional 21 shares during the last quarter. Delphi Management Inc. MA lifted its position in Graham by 1.5% in the 2nd quarter. Delphi Management Inc. MA now owns 2,373 shares of the company’s stock valued at $1,660,000 after purchasing an additional 34 shares during the last quarter. Finally, KBC Group NV boosted its stake in Graham by 36.5% during 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 during the period. Institutional investors and hedge funds 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.