Graham (NYSE:GHC) Upgraded to “Strong-Buy” at StockNews.com

Graham (NYSE:GHC) was upgraded by research analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a note issued to investors on Saturday.

Graham Stock Down 2.1 %

GHC stock opened at $952.30 on Friday. The company has a 50 day moving average price of $940.65 and a two-hundred day moving average price of $891.81. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57. The stock has a market capitalization of $4.13 billion, a P/E ratio of 18.65 and a beta of 1.12. Graham has a one year low of $683.00 and a one year high of $993.49.

Insiders Place Their Bets

In related news, CAO Marcel A. Snyman sold 159 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $881.30, for a total transaction of $140,126.70. Following the completion of the transaction, the chief accounting officer now owns 442 shares of the company’s stock, valued at approximately $389,534.60. This represents a 26.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 20.50% of the stock is owned by corporate insiders.

Institutional Trading of Graham

Several institutional investors have recently made changes to their positions in GHC. JPMorgan Chase & Co. boosted its holdings in Graham by 10.1% in the third quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company’s stock valued at $17,361,000 after acquiring an additional 1,941 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of Graham by 8.6% in the 3rd quarter. Franklin Resources Inc. now owns 10,311 shares of the company’s stock valued at $8,344,000 after purchasing an additional 819 shares in the last quarter. Miracle Mile Advisors LLC purchased a new stake in shares of Graham during the 4th quarter worth about $437,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of Graham during the 4th quarter worth about $635,000. Finally, Daiwa Securities Group Inc. increased its position in Graham by 558.3% during the 3rd quarter. Daiwa Securities Group Inc. now owns 79 shares of the company’s stock worth $65,000 after purchasing an additional 67 shares in the last quarter. 93.16% of the stock is owned by hedge funds and other 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.