The Graham Holdings Company (NYSE:GHC)’s share price hit a new 52-week high and low during trading on Tuesday . The company traded as low as $619.20 and last traded at $616.80, with a volume of 6498 shares trading hands. The stock had previously closed at $613.05.
Separately, TheStreet upgraded The Graham from a “c” rating to a “b-” rating in a research note on Tuesday, February 27th.
The company has a debt-to-equity ratio of 0.17, a current ratio of 1.98 and a quick ratio of 1.91. The company has a market cap of $3,353.53, a P/E ratio of 26.93 and a beta of 0.67.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 15th. Stockholders of record on Thursday, April 19th will be given a dividend of $1.33 per share. The ex-dividend date is Wednesday, April 18th. This represents a $5.32 annualized dividend and a dividend yield of 0.85%.
Hedge funds and other institutional investors have recently modified their holdings of the company. Quinn Opportunity Partners LLC acquired a new position in shares of The Graham during the fourth quarter worth approximately $279,000. AXA boosted its position in shares of The Graham by 0.5% during the fourth quarter. AXA now owns 20,972 shares of the company’s stock worth $11,710,000 after buying an additional 100 shares during the period. Wells Fargo & Company MN lifted its position in The Graham by 189.8% in the third quarter. Wells Fargo & Company MN now owns 3,692 shares of the company’s stock worth $2,160,000 after purchasing an additional 2,418 shares during the period. Allianz Asset Management GmbH acquired a new stake in The Graham in the fourth quarter worth approximately $2,230,000. Finally, Synovus Financial Corp acquired a new stake in The Graham in the fourth quarter worth approximately $2,224,000. Institutional investors and hedge funds own 70.96% of the company’s stock.
About The Graham
Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company worldwide. It provides a range of certificate, diploma, and degree programs, as well as online education services; and test preparation business services in pre-college, graduate, health, and bar review, as well as publishes and sells test preparation and other books through retail channels.
Receive News & Ratings for The Graham Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Graham and related companies with MarketBeat.com's FREE daily email newsletter.