Graham (NYSE:GHC) Shares Gap Down – Time to Sell?

Graham Holdings (NYSE:GHC)’s share price gapped down prior to trading on Friday . The stock had previously closed at $973.17, but opened at $947.00. Graham shares last traded at $951.59, with a volume of 9,297 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Graham from a “buy” rating to a “strong-buy” rating in a research report on Saturday.

Graham Trading Down 2.1 %

The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34. The business’s 50-day moving average is $940.65 and its two-hundred day moving average is $890.70. The firm has a market cap of $4.13 billion, a P/E ratio of 18.65 and a beta of 1.12.

Graham Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be given a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date is Thursday, April 17th. Graham’s dividend payout ratio is currently 4.37%.

Insider Buying and Selling

In related news, CAO Marcel A. Snyman sold 159 shares of the firm’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $881.30, for a total value of $140,126.70. Following the completion of the transaction, the chief accounting officer now directly owns 442 shares of the company’s stock, valued at approximately $389,534.60. This trade represents a 26.46 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 20.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Graham

Several hedge funds have recently bought and sold shares of GHC. Smartleaf Asset Management LLC increased its holdings in shares of Graham by 55.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 31 shares of the company’s stock valued at $27,000 after purchasing an additional 11 shares during the last quarter. Stifel Financial Corp raised its holdings in Graham by 1.8% in the 4th quarter. Stifel Financial Corp now owns 623 shares of the company’s stock valued at $543,000 after acquiring an additional 11 shares during the period. Xponance Inc. lifted its position in Graham by 3.3% during the fourth quarter. Xponance Inc. now owns 469 shares of the company’s stock worth $409,000 after acquiring an additional 15 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Graham by 1.0% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,238 shares of the company’s stock worth $1,951,000 after acquiring an additional 23 shares during the period. Finally, KBC Group NV lifted its holdings in Graham by 36.5% during the 4th quarter. KBC Group NV now owns 142 shares of the company’s stock worth $124,000 after purchasing an additional 38 shares during the last quarter. 93.16% of the stock is currently owned by institutional investors and hedge funds.

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.