Graham Holdings (NYSE:GHC) Short Interest Update

Graham Holdings (NYSE:GHC) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 54,800 shares, a growth of 6.8% from the September 30th total of 51,300 shares. Based on an average daily trading volume, of 13,500 shares, the days-to-cover ratio is currently 4.1 days. Currently, 1.7% of the company’s shares are short sold.

Graham Price Performance

Shares of NYSE GHC traded down $3.41 during midday trading on Friday, reaching $839.89. The stock had a trading volume of 4,054 shares, compared to its average volume of 15,075. The stock has a 50-day moving average of $791.06 and a 200-day moving average of $753.88. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.61. The company has a market capitalization of $3.70 billion, a price-to-earnings ratio of 16.43 and a beta of 1.11. Graham has a 12-month low of $576.29 and a 12-month high of $851.35.

Graham (NYSE:GHC) last released its quarterly earnings data on Wednesday, July 31st. The company reported $12.70 EPS for the quarter. The business had revenue of $1.19 billion during the quarter. Graham had a net margin of 4.86% and a return on equity of 5.80%.

Graham Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 7th. Shareholders of record on Thursday, October 17th will be given a dividend of $1.72 per share. This represents a $6.88 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date is Thursday, October 17th. Graham’s dividend payout ratio (DPR) is 13.47%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets grew its position in Graham by 69.2% during the 1st quarter. BNP Paribas Financial Markets now owns 1,824 shares of the company’s stock worth $1,400,000 after purchasing an additional 746 shares during the last quarter. Texas Permanent School Fund Corp raised its position in shares of Graham by 1.3% in the first quarter. Texas Permanent School Fund Corp now owns 3,133 shares of the company’s stock valued at $2,405,000 after buying an additional 41 shares during the last quarter. Swiss National Bank increased its position in Graham by 2.9% during the first quarter. Swiss National Bank now owns 7,100 shares of the company’s stock worth $5,451,000 after purchasing an additional 200 shares during the last quarter. QRG Capital Management Inc. acquired a new stake in Graham during the first quarter worth about $452,000. Finally, ProShare Advisors LLC boosted its stake in Graham by 2.2% during the first quarter. ProShare Advisors LLC now owns 799 shares of the company’s stock worth $613,000 after buying an additional 17 shares during the period. Hedge funds and other institutional investors own 62.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Graham from a “buy” rating to a “hold” rating in a research note on Friday, October 4th.

About Graham

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.