Graham Holdings (NYSE:GHC) Sees Significant Decrease in Short Interest

Graham Holdings (NYSE:GHC) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 59,400 shares, a decrease of 5.1% from the May 31st total of 62,600 shares. Based on an average trading volume of 16,900 shares, the short-interest ratio is currently 3.5 days. Approximately 1.8% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Graham from a “hold” rating to a “buy” rating in a report on Wednesday, June 12th.

Graham Trading Up 1.2 %

NYSE GHC opened at $702.01 on Wednesday. Graham has a one year low of $551.36 and a one year high of $778.84. The company’s 50 day moving average price is $729.32 and its 200 day moving average price is $720.48. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.31 and a current ratio of 1.57. The firm has a market capitalization of $3.12 billion, a price-to-earnings ratio of 11.64 and a beta of 1.12.

Graham (NYSE:GHC) last issued its quarterly earnings data on Wednesday, May 1st. The company reported $11.24 earnings per share (EPS) for the quarter. Graham had a net margin of 6.12% and a return on equity of 5.39%. The company had revenue of $1.15 billion during the quarter.

Graham Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 8th. Shareholders of record on Thursday, July 18th will be given a $1.72 dividend. This represents a $6.88 annualized dividend and a yield of 0.98%. The ex-dividend date of this dividend is Thursday, July 18th. Graham’s dividend payout ratio (DPR) is 11.41%.

Insider Transactions at Graham

In related news, Director Anne M. Mulcahy acquired 135 shares of the business’s stock in a transaction dated Tuesday, May 28th. The shares were acquired at an average cost of $745.07 per share, for a total transaction of $100,584.45. Following the acquisition, the director now directly owns 662 shares in the company, valued at approximately $493,236.34. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 32.30% of the company’s stock.

Institutional Trading of Graham

Large investors have recently bought and sold shares of the company. Quest Partners LLC acquired a new stake in shares of Graham during the fourth quarter worth approximately $73,000. Principal Securities Inc. acquired a new stake in shares of Graham during the fourth quarter worth approximately $77,000. Signaturefd LLC grew its position in shares of Graham by 26.2% during the fourth quarter. Signaturefd LLC now owns 260 shares of the company’s stock worth $181,000 after buying an additional 54 shares in the last quarter. Janiczek Wealth Management LLC grew its position in shares of Graham by 10.9% during the fourth quarter. Janiczek Wealth Management LLC now owns 286 shares of the company’s stock worth $199,000 after buying an additional 28 shares in the last quarter. Finally, First United Bank & Trust acquired a new stake in shares of Graham during the fourth quarter worth approximately $224,000. Institutional investors and hedge funds own 62.54% 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.