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

Graham (NYSE:GHC) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Thursday.

Graham Stock Up 0.1 %

NYSE GHC opened at $815.04 on Thursday. The company has a current ratio of 1.61, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. Graham has a 1-year low of $563.39 and a 1-year high of $822.18. The company has a 50 day moving average of $766.17 and a 200-day moving average of $742.88. The company has a market cap of $3.59 billion, a price-to-earnings ratio of 13.51 and a beta of 1.11.

Graham (NYSE:GHC) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $12.70 earnings per share (EPS) for the quarter. The business had revenue of $1.19 billion for the quarter. Graham had a net margin of 2.89% and a return on equity of 5.22%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Graham by 5.9% during the first quarter. Vanguard Group Inc. now owns 371,235 shares of the company’s stock worth $284,990,000 after buying an additional 20,629 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of Graham by 31.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 30,332 shares of the company’s stock worth $21,219,000 after buying an additional 7,179 shares during the last quarter. Norges Bank bought a new stake in shares of Graham during the fourth quarter worth $18,160,000. American Century Companies Inc. grew its stake in shares of Graham by 80.3% during the second quarter. American Century Companies Inc. now owns 20,109 shares of the company’s stock worth $14,067,000 after buying an additional 8,953 shares during the last quarter. Finally, Gamco Investors INC. ET AL grew its stake in shares of Graham by 1.0% during the first quarter. Gamco Investors INC. ET AL now owns 18,091 shares of the company’s stock worth $13,888,000 after buying an additional 180 shares during the last quarter. 62.54% of the stock is owned by institutional investors.

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.