Graham (NYSE:GHC) Sees Strong Trading Volume – Still a Buy?

Shares of Graham Holdings (NYSE:GHC) saw unusually-strong trading volume on Friday . Approximately 19,774 shares were traded during trading, an increase of 19% from the previous session’s volume of 16,671 shares.The stock last traded at $943.96 and had previously closed at $954.19.

Graham Trading Down 0.5 %

The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57. The company has a market cap of $4.07 billion, a P/E ratio of 18.38 and a beta of 1.12. The stock has a 50-day moving average of $920.92 and a two-hundred day moving average of $872.42.

Graham Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 17th will be paid a dividend of $1.80 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $7.20 annualized dividend and a yield of 0.77%. Graham’s dividend payout ratio is 4.37%.

Insider Buying and Selling at Graham

In other news, CAO Marcel A. Snyman sold 159 shares of the firm’s stock in a transaction 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 transaction, the chief accounting officer now directly owns 442 shares in the company, valued at $389,534.60. This trade represents a 26.46 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 20.50% of the company’s stock.

Hedge Funds Weigh In On Graham

Institutional investors and hedge funds have recently modified their holdings of the company. QRG Capital Management Inc. raised its holdings in Graham by 13.9% in the 3rd quarter. QRG Capital Management Inc. now owns 698 shares of the company’s stock worth $574,000 after purchasing an additional 85 shares during the period. Covestor Ltd raised its holdings in Graham by 8.4% in the 3rd quarter. Covestor Ltd now owns 155 shares of the company’s stock worth $128,000 after purchasing an additional 12 shares during the period. KBC Group NV raised its holdings in Graham by 60.0% in the 3rd quarter. KBC Group NV now owns 104 shares of the company’s stock worth $85,000 after purchasing an additional 39 shares during the period. Quest Partners LLC raised its holdings in Graham by 25,420.0% in the 3rd quarter. Quest Partners LLC now owns 1,276 shares of the company’s stock worth $1,049,000 after purchasing an additional 1,271 shares during the period. Finally, Intech Investment Management LLC bought a new position in Graham in the 3rd quarter worth $453,000. 93.16% of the stock is currently owned by hedge funds and other 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.