Graham (NYSE:GHC) Stock Rating Upgraded by StockNews.com

Graham (NYSE:GHC) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday.

Graham Stock Up 1.6 %

GHC stock traded up $12.29 during trading on Wednesday, reaching $763.10. The stock had a trading volume of 19,676 shares, compared to its average volume of 14,360. The firm has a fifty day moving average price of $729.27 and a 200 day moving average price of $689.63. The company has a current ratio of 1.57, a quick ratio of 1.31 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $3.41 billion, a P/E ratio of 12.65 and a beta of 1.11. Graham has a 1-year low of $551.36 and a 1-year high of $771.05.

Graham (NYSE:GHC) last released its quarterly earnings results on Wednesday, May 1st. The company reported $11.24 EPS for the quarter. Graham had a return on equity of 5.39% and a net margin of 6.12%. The business had revenue of $1.15 billion for the quarter.

Insider Activity at Graham

In other Graham news, Director Katharine Weymouth sold 556 shares of the firm’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $712.99, for a total transaction of $396,422.44. Following the completion of the transaction, the director now directly owns 1,993 shares of the company’s stock, valued at approximately $1,420,989.07. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 32.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Graham

Several large investors have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. increased its holdings in Graham by 1.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 55,621 shares of the company’s stock valued at $38,741,000 after buying an additional 867 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Graham by 27.2% in the 3rd quarter. AQR Capital Management LLC now owns 39,538 shares of the company’s stock valued at $23,051,000 after acquiring an additional 8,443 shares during the last quarter. Seizert Capital Partners LLC raised its position in shares of Graham by 1.2% during the 3rd quarter. Seizert Capital Partners LLC now owns 26,276 shares of the company’s stock valued at $15,319,000 after acquiring an additional 301 shares in the last quarter. Norges Bank bought a new position in Graham during the fourth quarter worth $18,160,000. Finally, Bronte Capital Management Pty Ltd. boosted its holdings in Graham by 1.4% in the third quarter. Bronte Capital Management Pty Ltd. now owns 24,470 shares of the company’s stock worth $14,266,000 after purchasing an additional 329 shares during the period. Institutional investors 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.