Graham (NYSE:GHC) Sets New 52-Week High – What’s Next?

Graham Holdings (NYSE:GHC) shares reached a new 52-week high on Monday . The stock traded as high as $993.49 and last traded at $986.91, with a volume of 20381 shares traded. The stock had previously closed at $979.30.

Graham Stock Up 0.4 %

The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34. The stock’s fifty day simple moving average is $917.25 and its 200-day simple moving average is $869.21. The stock has a market cap of $4.13 billion, a P/E ratio of 18.67 and a beta of 1.13.

Graham Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be issued a $1.80 dividend. This represents a $7.20 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend is Thursday, April 17th. Graham’s dividend payout ratio (DPR) is 4.37%.

Insider Activity at Graham

In other Graham 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 sale, the chief accounting officer now directly owns 442 shares in the company, valued at approximately $389,534.60. This trade represents a 26.46 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 20.50% of the company’s stock.

Hedge Funds Weigh In On Graham

Institutional investors have recently modified their holdings of the company. Smartleaf Asset Management LLC increased its position in shares of Graham by 55.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 31 shares of the company’s stock valued at $27,000 after purchasing an additional 11 shares during the period. Stifel Financial Corp boosted its stake in Graham by 1.8% during the fourth quarter. Stifel Financial Corp now owns 623 shares of the company’s stock valued at $543,000 after buying an additional 11 shares in the last quarter. Covestor Ltd grew its holdings in Graham by 8.4% during the third quarter. Covestor Ltd now owns 155 shares of the company’s stock worth $128,000 after acquiring an additional 12 shares during the period. Xponance Inc. raised its position in Graham by 3.3% in the fourth quarter. Xponance Inc. now owns 469 shares of the company’s stock worth $409,000 after acquiring an additional 15 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Graham by 1.0% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,238 shares of the company’s stock valued at $1,951,000 after acquiring an additional 23 shares during the last quarter. Institutional investors own 93.16% 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.