Thompson Siegel & Walmsley LLC boosted its stake in shares of Graham Holdings (NYSE:GHC – Free Report) by 7.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 36,274 shares of the company’s stock after buying an additional 2,629 shares during the period. Thompson Siegel & Walmsley LLC owned 0.77% of Graham worth $20,730,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Point72 Middle East FZE acquired a new position in Graham during the fourth quarter worth $25,000. Captrust Financial Advisors raised its position in Graham by 119.0% in the first quarter. Captrust Financial Advisors now owns 138 shares of the company’s stock valued at $84,000 after purchasing an additional 75 shares during the period. Covestor Ltd raised its position in Graham by 88.3% in the first quarter. Covestor Ltd now owns 177 shares of the company’s stock valued at $108,000 after purchasing an additional 83 shares during the period. Cary Street Partners Investment Advisory LLC raised its position in Graham by 300.0% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 200 shares of the company’s stock valued at $114,000 after purchasing an additional 150 shares during the period. Finally, Tower Research Capital LLC TRC raised its position in Graham by 6.5% in the third quarter. Tower Research Capital LLC TRC now owns 293 shares of the company’s stock valued at $157,000 after purchasing an additional 18 shares during the period. Institutional investors and hedge funds own 61.99% of the company’s stock.
Graham Trading Up 1.6 %
Shares of GHC stock traded up $9.61 on Friday, hitting $624.41. The stock had a trading volume of 14,287 shares, compared to its average volume of 14,397. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.56 and a quick ratio of 1.32. The firm has a market capitalization of $2.83 billion, a P/E ratio of 18.90 and a beta of 1.05. Graham Holdings has a 1 year low of $545.00 and a 1 year high of $681.70. The company’s 50 day moving average price is $591.08 and its 200-day moving average price is $582.02.
Graham Dividend Announcement
Insider Activity at Graham
In other news, Director Thomas Sinnickson Gayner acquired 100 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The shares were purchased at an average price of $607.24 per share, for a total transaction of $60,724.00. Following the acquisition, the director now owns 600 shares of the company’s stock, valued at $364,344. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 20.50% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts have commented on GHC shares. TheStreet upgraded Graham from a “c+” rating to a “b” rating in a research report on Thursday, August 17th. StockNews.com started coverage on Graham in a research report on Thursday, October 5th. They issued a “buy” rating on the stock.
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.
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