Graham (NYSE:GHC) Rating Increased to Buy at StockNews.com

StockNews.com upgraded shares of Graham (NYSE:GHC) from a hold rating to a buy rating in a report released on Friday.

Graham Trading Down 2.4 %

GHC opened at $710.88 on Friday. Graham has a twelve month low of $563.39 and a twelve month high of $822.18. The company has a 50-day simple moving average of $730.92 and a 200 day simple moving average of $730.96. The company has a quick ratio of 1.34, a current ratio of 1.61 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $3.13 billion, a price-to-earnings ratio of 11.79 and a beta of 1.12.

Insider Buying and Selling

In other news, Director Anne M. Mulcahy acquired 135 shares of the business’s stock in a transaction that occurred on Tuesday, May 28th. The stock was acquired at an average price of $745.07 per share, with a total value of $100,584.45. Following the completion of the transaction, the director now directly owns 662 shares of the company’s stock, valued at approximately $493,236.34. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 20.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of Graham by 5.9% in the first quarter. Vanguard Group Inc. now owns 371,235 shares of the company’s stock worth $284,990,000 after acquiring an additional 20,629 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Graham by 1.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 55,621 shares of the company’s stock worth $38,741,000 after acquiring an additional 867 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Graham by 31.0% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 30,332 shares of the company’s stock worth $21,219,000 after acquiring an additional 7,179 shares during the last quarter. Norges Bank acquired a new position in shares of Graham in the fourth quarter valued at approximately $18,160,000. Finally, American Century Companies Inc. increased its stake in shares of Graham by 80.3% in the second quarter. American Century Companies Inc. now owns 20,109 shares of the company’s stock valued at $14,067,000 after buying an additional 8,953 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.