Graham (NYSE:GHC) Upgraded by StockNews.com to “Buy” Rating

StockNews.com upgraded shares of Graham (NYSE:GHC) from a hold rating to a buy rating in a research report report published on Monday.

Graham Stock Down 4.0 %

Shares of NYSE:GHC opened at $918.99 on Monday. The company has a market capitalization of $3.98 billion, a PE ratio of 17.99 and a beta of 1.11. 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 has a 52 week low of $599.03 and a 52 week high of $965.60. The company’s fifty day moving average is $800.74 and its 200-day moving average is $760.18.

Graham Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Thursday, October 17th were given a dividend of $1.72 per share. The ex-dividend date of this dividend was Thursday, October 17th. This represents a $6.88 dividend on an annualized basis and a dividend yield of 0.75%. Graham’s payout ratio is currently 13.47%.

Institutional Trading of Graham

Several institutional investors and hedge funds have recently made changes to their positions in the business. Innealta Capital LLC acquired a new stake in Graham during the 2nd quarter worth $35,000. Whittier Trust Co. acquired a new position in Graham during the second quarter worth approximately $70,000. Headlands Technologies LLC bought a new stake in shares of Graham during the 2nd quarter worth about $76,000. KBC Group NV increased its position in Graham by 60.0% during the 3rd quarter. KBC Group NV now owns 104 shares of the company’s stock worth $85,000 after buying an additional 39 shares during the period. Finally, Covestor Ltd boosted its stake in shares of Graham by 8.4% in the third quarter. Covestor Ltd now owns 155 shares of the company’s stock valued at $128,000 after buying an additional 12 shares during the period. Institutional investors 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.