Shares of The Graham Holdings Company (NYSE:GHC) hit a new 52-week high and low during mid-day trading on Tuesday . The company traded as low as $619.20 and last traded at $616.80, with a volume of 6498 shares traded. The stock had previously closed at $613.05.
Separately, TheStreet raised The Graham from a “c” rating to a “b-” rating in a report 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 firm has a market cap of $3,353.53, a price-to-earnings ratio of 26.93 and a beta of 0.67.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 15th. Investors of record on Thursday, April 19th will be issued a $1.33 dividend. This represents a $5.32 annualized dividend and a yield of 0.85%. The ex-dividend date is Wednesday, April 18th.
A number of institutional investors have recently made changes to their positions in the stock. Xact Kapitalforvaltning AB bought a new stake in The Graham in the fourth quarter valued at about $275,000. MetLife Investment Advisors LLC acquired a new position in The Graham in the fourth quarter valued at approximately $1,635,000. Vident Investment Advisory LLC boosted its stake in The Graham by 6.4% in the fourth quarter. Vident Investment Advisory LLC now owns 4,189 shares of the company’s stock valued at $2,339,000 after acquiring an additional 253 shares during the period. Millennium Management LLC acquired a new position in The Graham in the fourth quarter valued at approximately $2,458,000. Finally, Teachers Advisors LLC boosted its stake in The Graham by 2.6% in the fourth quarter. Teachers Advisors LLC now owns 5,142 shares of the company’s stock valued at $2,871,000 after acquiring an additional 132 shares during the period. 70.96% of the stock is owned by hedge funds and other institutional investors.
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The Graham Company Profile
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.
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