Graham (NYSE:GHC) Sees Large Volume Increase – Here’s What Happened

Graham Holdings (NYSE:GHC) saw an uptick in trading volume on Wednesday . 26,007 shares were traded during trading, an increase of 67% from the previous session’s volume of 15,611 shares.The stock last traded at $969.11 and had previously closed at $970.65.

Graham Trading Down 0.2 %

The company’s 50 day simple moving average is $936.88 and its two-hundred day simple moving average is $887.01. The stock has a market cap of $4.21 billion, a price-to-earnings ratio of 19.05 and a beta of 1.12. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 17th will be issued a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date is Thursday, April 17th. Graham’s dividend payout ratio (DPR) is presently 4.37%.

Insider Buying and Selling at Graham

In other 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 value of $140,126.70. Following the sale, 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 SEC, which can be accessed through the SEC website. Company insiders own 20.50% of the company’s stock.

Institutional Investors Weigh In On Graham

A number of large investors have recently added to or reduced their stakes in GHC. Smartleaf Asset Management LLC boosted its position in 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 buying an additional 11 shares during the period. Daiwa Securities Group Inc. raised its position in Graham by 558.3% in the 3rd quarter. Daiwa Securities Group Inc. now owns 79 shares of the company’s stock valued at $65,000 after buying an additional 67 shares during the last quarter. KBC Group NV grew its holdings in shares of Graham by 36.5% in the fourth quarter. KBC Group NV now owns 142 shares of the company’s stock valued at $124,000 after acquiring an additional 38 shares in the last quarter. Steward Partners Investment Advisory LLC grew its position in shares of Graham by 44.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company’s stock valued at $126,000 after acquiring an additional 44 shares during the period. Finally, Principal Securities Inc. lifted its position in shares of Graham by 30.0% during the 4th 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 last quarter. Institutional investors and hedge funds own 93.16% of the company’s stock.

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.