Graham (NYSE:GHC) Sees Unusually-High Trading Volume - Should You Buy?

Shares of Graham Holdings (NYSE:GHC - Get Free Report) saw strong trading volume on Monday . 49,565 shares traded hands during trading, an increase of 173% from the previous session's volume of 18,173 shares.The stock last traded at $955.08 and had previously closed at $957.38.

Analysts Set New Price Targets

Separately, Wall Street Zen cut Graham from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, April 23rd.

Graham Trading Down 0.4%

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 firm has a 50 day simple moving average of $936.88 and a two-hundred day simple moving average of $929.27. The firm has a market capitalization of $4.16 billion, a P/E ratio of 18.67 and a beta of 0.93.

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

Graham Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 7th. Stockholders of record on Thursday, July 17th will be paid a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date is Thursday, July 17th. Graham's payout ratio is 5.05%.

Institutional Investors Weigh In On Graham

Hedge funds have recently made changes to their positions in the business. Y Intercept Hong Kong Ltd bought a new stake in shares of Graham during the 4th quarter worth $635,000. Citadel Advisors LLC raised its stake in shares of Graham by 151.7% during the 4th quarter. Citadel Advisors LLC now owns 1,100 shares of the company's stock worth $959,000 after purchasing an additional 663 shares during the period. Wells Fargo & Company MN raised its stake in shares of Graham by 19.3% during the 4th quarter. Wells Fargo & Company MN now owns 2,372 shares of the company's stock worth $2,068,000 after purchasing an additional 384 shares during the period. Millennium Management LLC raised its stake in shares of Graham by 16.8% during the 4th quarter. Millennium Management LLC now owns 5,891 shares of the company's stock worth $5,136,000 after purchasing an additional 847 shares during the period. Finally, Summit Global Investments bought a new stake in shares of Graham during the 4th quarter worth $849,000. 93.16% of the stock is currently owned by institutional investors.

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.