Graham (NYSE:GHC) Sees Unusually-High Trading Volume - What's Next?

Graham Holdings (NYSE:GHC - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 49,565 shares changed 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 lowered Graham from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, April 23rd.

Graham Trading Down 1.0%

The company has a 50 day moving average of $935.85 and a 200 day moving average of $928.68. 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 has a market capitalization of $4.14 billion, a price-to-earnings ratio of 18.61 and a beta of 0.93.

Graham (NYSE:GHC - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $11.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $1.20 billion.

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 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend is Thursday, July 17th. Graham's payout ratio is 5.05%.

Hedge Funds Weigh In On Graham

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC boosted its stake in shares of Graham by 23.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 567 shares of the company's stock valued at $495,000 after buying an additional 106 shares during the period. New York State Teachers Retirement System lifted its stake in Graham by 4.8% during the fourth quarter. New York State Teachers Retirement System now owns 4,805 shares of the company's stock worth $4,190,000 after purchasing an additional 218 shares during the last quarter. Principal Securities Inc. lifted its stake in Graham by 30.0% during the fourth quarter. Principal Securities Inc. now owns 182 shares of the company's stock worth $159,000 after purchasing an additional 42 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in Graham during the fourth quarter worth approximately $635,000. Finally, US Bancorp DE lifted its stake in Graham by 125.5% during the fourth quarter. US Bancorp DE now owns 372 shares of the company's stock worth $324,000 after purchasing an additional 207 shares during the last quarter. 93.16% of the stock is currently owned by hedge funds and other institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.