Graham (NYSE:GHC) Stock Gets Downgrade from Wall Street Zen

Key Points

• Wall Street Zen downgraded Graham Holdings from “buy” to “hold,” though Weiss Ratings raised its rating to “buy (a-),” and MarketBeat data shows an overall “Strong Buy” consensus.
• Graham shares rose 0.4% to $1,166.61, with a market capitalization of $4.93 billion; the stock trades between a 12-month range of $990.09 and $1,262.34.
• The company reported quarterly EPS of $18.77, beating analyst expectations of $18.36, while revenue reached $1.33 billion. Institutional investors own approximately 93.16% of the stock.

Graham (NYSE:GHC - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued to investors on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings upgraded shares of Graham from a "buy (b+)" rating to a "buy (a-)" rating in a report on Friday, September 25th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Strong Buy".

Graham Stock Up 0.4%

NYSE:GHC opened at $1,166.61 on Friday. The company has a market cap of $4.93 billion, a price-to-earnings ratio of 17.48 and a beta of 0.70. Graham has a twelve month low of $990.09 and a twelve month high of $1,262.34. The company has a current ratio of 1.86, a quick ratio of 1.59 and a debt-to-equity ratio of 0.15. The stock has a fifty day simple moving average of $1,161.70 and a 200-day simple moving average of $1,136.86.

Graham (NYSE:GHC - Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The company reported $18.77 EPS for the quarter, topping analysts' consensus estimates of $18.36 by $0.41. The firm had revenue of $1.33 billion for the quarter, compared to analysts' expectations of $1.33 billion. Graham had a net margin of 9.66% and a return on equity of 6.02%.

Institutional Investors Weigh In On Graham

Several hedge funds have recently made changes to their positions in GHC. Summit Wealth Group LLC Co. bought a new position in shares of Graham during the third quarter valued at approximately $559,000. AMI Investment Management Inc. increased its holdings in Graham by 2.3% during the third quarter. AMI Investment Management Inc. now owns 2,626 shares of the company's stock valued at $2,980,000 after buying an additional 60 shares during the period. Oppenheimer & Co. Inc. raised its stake in Graham by 6.7% in the third quarter. Oppenheimer & Co. Inc. now owns 239 shares of the company's stock worth $271,000 after buying an additional 15 shares in the last quarter. Signaturefd LLC raised its stake in Graham by 33.2% in the third quarter. Signaturefd LLC now owns 325 shares of the company's stock worth $369,000 after buying an additional 81 shares in the last quarter. Finally, Root Financial Partners LLC bought a new position in Graham in the third quarter worth approximately $26,000. 93.16% of the stock is currently owned by hedge funds and other institutional investors.

Graham Company Profile

Graham Holdings Company is a diversified American holding company formerly known as The Washington Post Company. The company changed its name in 2013 after the sale of the newspaper publishing business to Jeff Bezos. Today, Graham Holdings operates a portfolio of businesses across education, media, healthcare, automotive, manufacturing and other industries.

Its largest business is Kaplan, a provider of educational services, professional training and test preparation. Graham Holdings also owns Graham Media Group, which operates local television stations in several U.S.

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