Graham (NYSE:GHC) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Graham (NYSE:GHC – Get Rating) in a research note released on Thursday morning. The firm issued a hold rating on the stock.

Separately, TheStreet upgraded Graham from a c rating to a b+ rating in a report on Monday, December 5th.

Graham Stock Performance

Shares of Graham stock opened at $565.53 on Thursday. The business has a 50-day moving average of $631.82 and a 200 day moving average of $608.30. Graham has a 12 month low of $525.58 and a 12 month high of $681.70. The stock has a market capitalization of $2.71 billion, a price-to-earnings ratio of 41.77 and a beta of 1.03. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.45 and a quick ratio of 1.26.

Graham Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 11th. Investors of record on Thursday, April 20th will be issued a dividend of $1.65 per share. This represents a $6.60 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date is Wednesday, April 19th. Graham’s dividend payout ratio (DPR) is 48.74%.

Insider Activity at Graham

In related news, CAO Marcel A. Snyman sold 72 shares of the firm’s stock in a transaction dated Wednesday, January 4th. The stock was sold at an average price of $611.06, for a total transaction of $43,996.32. Following the completion of the transaction, the chief accounting officer now directly owns 584 shares in the company, valued at approximately $356,859.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CAO Marcel A. Snyman sold 72 shares of Graham stock in a transaction dated Wednesday, January 4th. The stock was sold at an average price of $611.06, for a total value of $43,996.32. Following the completion of the transaction, the chief accounting officer now owns 584 shares in the company, valued at approximately $356,859.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Marcel A. Snyman sold 128 shares of Graham stock in a transaction dated Monday, January 9th. The shares were sold at an average price of $617.68, for a total value of $79,063.04. Following the completion of the transaction, the chief accounting officer now owns 456 shares of the company’s stock, valued at approximately $281,662.08. The disclosure for this sale can be found here. 20.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Graham

Several hedge funds and other institutional investors have recently made changes to their positions in GHC. Mitsubishi UFJ Trust & Banking Corp acquired a new stake in shares of Graham during the 3rd quarter worth about $25,000. Point72 Middle East FZE acquired a new stake in shares of Graham during the 4th quarter worth about $25,000. Ronald Blue Trust Inc. raised its position in shares of Graham by 240.0% during the 4th quarter. Ronald Blue Trust Inc. now owns 68 shares of the company’s stock worth $36,000 after acquiring an additional 48 shares in the last quarter. Point72 Hong Kong Ltd acquired a new stake in shares of Graham during the 3rd quarter worth about $39,000. Finally, Lazard Asset Management LLC raised its position in shares of Graham by 156.0% during the 2nd quarter. Lazard Asset Management LLC now owns 128 shares of the company’s stock worth $72,000 after acquiring an additional 78 shares in the last quarter. Hedge funds and other institutional investors own 63.24% of the company’s stock.

About Graham

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Graham Holdings Co engages in the provision of education and media services. It operates through the following segments: Education, Television Broadcasting, Manufacturing, Healthcare, SocialCode, and Other Businesses. The Education segment includes professional training and postsecondary education businesses largely outside the U.S.