Graham (NYSE:GHC) Downgraded by StockNews.com

StockNews.com lowered shares of Graham (NYSE:GHC) from a buy rating to a hold rating in a research note published on Tuesday.

Graham Stock Up 0.5 %

Graham stock opened at $698.60 on Tuesday. The firm has a market capitalization of $3.12 billion, a PE ratio of 16.07 and a beta of 1.11. The company’s 50-day moving average is $727.71 and its 200-day moving average is $675.91. Graham has a fifty-two week low of $551.36 and a fifty-two week high of $771.05. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.50 and a quick ratio of 1.26.

Graham (NYSE:GHC) last released its quarterly earnings data on Friday, February 23rd. The company reported $10.94 earnings per share for the quarter. Graham had a net margin of 4.65% and a return on equity of 5.23%. The company had revenue of $1.17 billion for the quarter.

Graham Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 9th. Investors of record on Thursday, April 18th will be paid a $1.72 dividend. The ex-dividend date is Wednesday, April 17th. This represents a $6.88 dividend on an annualized basis and a yield of 0.98%. Graham’s dividend payout ratio (DPR) is currently 15.83%.

Insider Activity at Graham

In related news, Director Katharine Weymouth sold 556 shares of the company’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $712.99, for a total value of $396,422.44. Following the transaction, the director now owns 1,993 shares in the company, valued at approximately $1,420,989.07. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 20.50% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in Graham by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 365,230 shares of the company’s stock valued at $223,328,000 after purchasing an additional 4,345 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Graham by 27,384.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 220,704 shares of the company’s stock valued at $500,000 after purchasing an additional 219,901 shares during the period. State Street Corp boosted its holdings in Graham by 1.0% in the 1st quarter. State Street Corp now owns 133,146 shares of the company’s stock valued at $79,334,000 after purchasing an additional 1,334 shares during the period. Geode Capital Management LLC boosted its holdings in Graham by 4.6% in the 2nd quarter. Geode Capital Management LLC now owns 75,625 shares of the company’s stock valued at $43,218,000 after purchasing an additional 3,311 shares during the period. Finally, Capital Research Global Investors boosted its holdings in Graham by 20.0% in the 1st quarter. Capital Research Global Investors now owns 60,000 shares of the company’s stock valued at $36,688,000 after purchasing an additional 10,000 shares during the period. Institutional investors and hedge funds 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.