StockNews.com Downgrades Graham (NYSE:GHC) to Hold

Graham (NYSE:GHC) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a report released on Wednesday.

Graham Stock Performance

Shares of GHC traded down $9.72 during mid-day trading on Wednesday, hitting $757.43. The company’s stock had a trading volume of 9,074 shares, compared to its average volume of 15,607. Graham has a one year low of $563.39 and a one year high of $822.18. The stock’s 50-day moving average is $748.98 and its two-hundred day moving average is $736.08. The firm has a market capitalization of $3.36 billion, a PE ratio of 12.56 and a beta of 1.12. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.61.

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

Institutional Investors Weigh In On Graham

Several institutional investors and hedge funds have recently bought and sold shares of GHC. Innealta Capital LLC acquired a new stake in shares of Graham during the 2nd quarter valued at about $35,000. Whittier Trust Co. bought a new position in Graham during the second quarter worth about $70,000. Quest Partners LLC acquired a new stake in Graham during the fourth quarter valued at approximately $73,000. Headlands Technologies LLC bought a new stake in shares of Graham in the 2nd quarter valued at approximately $76,000. Finally, Principal Securities Inc. acquired a new position in shares of Graham in the 4th quarter worth approximately $77,000. Institutional investors own 62.54% of the company’s stock.

About Graham

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.