Graham (NYSE:GHC) Downgraded by StockNews.com to Hold

by · The Cerbat Gem

StockNews.com cut shares of Graham (NYSE:GHC – Free Report) from a buy rating to a hold rating in a report published on Friday morning.

Graham Stock Performance

Shares of GHC opened at $795.31 on Friday. The stock’s 50-day simple moving average is $768.08 and its 200 day simple moving average is $747.34. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.61. Graham has a 52-week low of $563.39 and a 52-week high of $822.18. The stock has a market capitalization of $3.53 billion, a price-to-earnings ratio of 13.19 and a beta of 1.11.

Graham (NYSE:GHC – Get Free Report) last announced its earnings results on Wednesday, July 31st. The company reported $12.70 earnings per share (EPS) for the quarter. The company had revenue of $1.19 billion during the quarter. Graham had a net margin of 2.89% and a return on equity of 5.22%.

Graham Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 7th. Shareholders of record on Thursday, October 17th will be issued a $1.72 dividend. This represents a $6.88 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date is Thursday, October 17th. Graham’s dividend payout ratio (DPR) is presently 11.41%.

Institutional Trading of Graham

Large investors have recently bought and sold shares of the company. Innealta Capital LLC bought a new position in shares of Graham during the second quarter valued at $35,000. Whittier Trust Co. purchased a new stake in shares of Graham during the 2nd quarter valued at about $70,000. Headlands Technologies LLC bought a new stake in Graham in the 2nd quarter worth approximately $76,000. SG Americas Securities LLC bought a new position in Graham in the third quarter valued at about $168,000. Finally, Gladius Capital Management LP boosted its holdings in shares of Graham by 188.2% in the second quarter. Gladius Capital Management LP now owns 245 shares of the company’s stock worth $171,000 after buying an additional 160 shares during the last quarter. 62.54% of the stock is owned by institutional investors.

Graham Company Profile

(Get Free Report)

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.

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