StockNews.com Downgrades Graham (NYSE:GHC) to Hold

Graham (NYSE:GHC) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

Graham Stock Performance

NYSE:GHC traded down $2.19 during trading hours on Tuesday, reaching $707.33. 18,827 shares of the stock were exchanged, compared to its average volume of 14,197. The company has a quick ratio of 1.26, a current ratio of 1.50 and a debt-to-equity ratio of 0.19. The firm has a 50 day simple moving average of $727.73 and a 200-day simple moving average of $674.90. Graham has a 52 week low of $551.36 and a 52 week high of $771.05. The stock has a market capitalization of $3.15 billion, a P/E ratio of 16.27 and a beta of 1.11.

Graham (NYSE:GHC) last announced its quarterly earnings results on Friday, February 23rd. The company reported $10.94 earnings per share (EPS) for the quarter. The business had revenue of $1.17 billion for the quarter. Graham had a return on equity of 5.23% and a net margin of 4.65%.

Insider Activity at Graham

In related news, Director Katharine Weymouth sold 556 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $712.99, for a total value of $396,422.44. Following the sale, the director now directly owns 1,993 shares in the company, valued at approximately $1,420,989.07. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 32.30% of the stock is owned by insiders.

Institutional Trading of Graham

A number of hedge funds and other institutional investors have recently modified their holdings of GHC. Point72 Middle East FZE acquired a new stake in shares of Graham during the fourth quarter worth $25,000. Quest Partners LLC acquired a new stake in shares of Graham during the fourth quarter worth $73,000. Advisors Asset Management Inc. raised its position in shares of Graham by 96.9% during the third quarter. Advisors Asset Management Inc. now owns 126 shares of the company’s stock worth $73,000 after purchasing an additional 62 shares during the period. Principal Securities Inc. acquired a new stake in shares of Graham during the fourth quarter worth $77,000. Finally, Captrust Financial Advisors raised its position in shares of Graham by 119.0% during the first quarter. Captrust Financial Advisors now owns 138 shares of the company’s stock worth $84,000 after purchasing an additional 75 shares during the period. Institutional investors own 62.54% of the company’s stock.

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.