Graham (NYSE:GHC) Sees Large Volume Increase – What’s Next?

Graham Holdings (NYSE:GHC) saw unusually-high trading volume on Wednesday . Approximately 18,230 shares traded hands during mid-day trading, an increase of 19% from the previous session’s volume of 15,282 shares.The stock last traded at $948.37 and had previously closed at $938.85.

Graham Trading Up 0.7 %

The stock’s 50 day moving average is $927.75 and its 200-day moving average is $880.03. The company has a market cap of $4.10 billion, a P/E ratio of 18.51 and a beta of 1.12. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18.

Graham Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 8th. Stockholders of record on Thursday, April 17th will be issued 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, April 17th. Graham’s payout ratio is 4.37%.

Insiders Place Their Bets

In related news, CAO Marcel A. Snyman sold 159 shares of the stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $881.30, for a total transaction of $140,126.70. Following the completion of the sale, the chief accounting officer now owns 442 shares in the company, valued at approximately $389,534.60. This trade represents a 26.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 20.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new stake in Graham in the 4th quarter worth approximately $26,773,000. LPL Financial LLC bought a new stake in Graham in the fourth quarter worth $8,726,000. Norges Bank bought a new position in Graham during the fourth quarter valued at $8,157,000. Arrowstreet Capital Limited Partnership raised its stake in shares of Graham by 84.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 18,837 shares of the company’s stock valued at $16,424,000 after acquiring an additional 8,615 shares during the period. Finally, Northern Trust Corp boosted its stake in shares of Graham by 12.6% during the 4th quarter. Northern Trust Corp now owns 44,473 shares of the company’s stock worth $38,777,000 after purchasing an additional 4,988 shares during the period. 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.