Nuveen LLC Acquires New Holdings in Graham Holdings Company $GHC

Key Points

• Nuveen LLC acquired a new position by purchasing 8,691 shares of Graham Holdings Company for approximately $8,351,000, constituting about 0.20% of the company's total shares.
• The company reported earnings per share (EPS) of $14.33 for the latest quarter, significantly exceeding the consensus estimate of $10.15.
• Graham Holdings Company has a market capitalization of $4.78 billion and institutional investors own approximately 93.16% of its stock.

Nuveen LLC acquired a new stake in Graham Holdings Company (NYSE:GHC - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 8,691 shares of the company's stock, valued at approximately $8,351,000. Nuveen LLC owned 0.20% of Graham as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Stifel Financial Corp increased its holdings in shares of Graham by 1.8% in the 4th quarter. Stifel Financial Corp now owns 623 shares of the company's stock valued at $543,000 after purchasing an additional 11 shares in the last quarter. Miracle Mile Advisors LLC increased its holdings in shares of Graham by 3.2% in the 1st quarter. Miracle Mile Advisors LLC now owns 517 shares of the company's stock valued at $497,000 after purchasing an additional 16 shares in the last quarter. US Bancorp DE increased its holdings in shares of Graham by 4.6% in the 1st quarter. US Bancorp DE now owns 389 shares of the company's stock valued at $374,000 after purchasing an additional 17 shares in the last quarter. Spire Wealth Management increased its holdings in shares of Graham by 333.3% in the 1st quarter. Spire Wealth Management now owns 26 shares of the company's stock valued at $25,000 after purchasing an additional 20 shares in the last quarter. Finally, DAVENPORT & Co LLC increased its holdings in shares of Graham by 3.4% in the 1st quarter. DAVENPORT & Co LLC now owns 600 shares of the company's stock valued at $577,000 after purchasing an additional 20 shares in the last quarter. 93.16% of the stock is owned by institutional investors and hedge funds.

Graham Price Performance

Shares of GHC traded down $7.34 during trading hours on Friday, reaching $1,085.64. The company had a trading volume of 30,754 shares, compared to its average volume of 40,660. The firm has a 50 day simple moving average of $974.16 and a 200-day simple moving average of $953.62. The company has a current ratio of 1.27, a quick ratio of 1.10 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $4.73 billion, a price-to-earnings ratio of 6.97 and a beta of 0.88. Graham Holdings Company has a 12-month low of $724.69 and a 12-month high of $1,103.22.

Graham (NYSE:GHC - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $14.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $10.15 by $4.18. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.18 billion. Graham had a net margin of 14.10% and a return on equity of 6.79%.

Graham 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.