Graham (NYSE:GHC) Hits New 1-Year High - What's Next?

Graham Holdings (NYSE:GHC - Get Free Report) hit a new 52-week high on Monday . The stock traded as high as $1,015.00 and last traded at $1,002.81, with a volume of 5689 shares traded. The stock had previously closed at $970.55.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Graham from a "strong-buy" rating to a "buy" rating in a report on Wednesday, April 23rd.

Graham Stock Up 1.7%

The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57. The stock's fifty day simple moving average is $933.71 and its two-hundred day simple moving average is $920.04. The company has a market capitalization of $4.31 billion, a price-to-earnings ratio of 19.34 and a beta of 0.91.

Graham (NYSE:GHC - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $11.64 EPS for the quarter, beating the consensus estimate of $11.29 by $0.35. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.20 billion. Graham had a net margin of 4.86% and a return on equity of 5.79%.

Graham Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 7th. Investors of record on Thursday, July 17th will be given a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a yield of 0.73%. The ex-dividend date is Thursday, July 17th. Graham's payout ratio is presently 5.05%.

Institutional Investors Weigh In On Graham

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Spire Wealth Management raised its position in shares of Graham by 333.3% during the first quarter. Spire Wealth Management now owns 26 shares of the company's stock valued at $25,000 after buying an additional 20 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Graham by 55.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock worth $27,000 after acquiring an additional 11 shares during the period. Nisa Investment Advisors LLC grew its holdings in shares of Graham by 216.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 38 shares of the company's stock worth $37,000 after purchasing an additional 26 shares in the last quarter. Skandinaviska Enskilda Banken AB publ bought a new position in Graham in the first quarter worth $40,000. Finally, CWM LLC lifted its holdings in shares of Graham by 100.0% during the 1st quarter. CWM LLC now owns 42 shares of the company's stock worth $40,000 after acquiring an additional 21 shares during the period. 93.16% of the stock is currently owned by institutional investors and hedge funds.

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.

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