Algert Global LLC Acquires 4,199 Shares of Graham Holdings Company $GHC

Key Points

• Algert Global LLC increased its holdings in Graham Holdings Company by 119.8% during Q1, now owning shares worth $7.40 million.
• Other institutional investors also raised their stakes, with Spire Wealth Management increasing its share by 333.3% during the same period.
• Graham reported an EPS of $14.33, exceeding estimates by $4.18, and had a market capitalization of $4.65 billion.

Algert Global LLC increased its stake in shares of Graham Holdings Company (NYSE:GHC - Free Report) by 119.8% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,705 shares of the company's stock after acquiring an additional 4,199 shares during the quarter. Algert Global LLC owned about 0.18% of Graham worth $7,403,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GHC. Spire Wealth Management boosted its position in shares of Graham by 333.3% during the first quarter. Spire Wealth Management now owns 26 shares of the company's stock worth $25,000 after acquiring an additional 20 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in shares of Graham by 216.7% during the first quarter. Nisa Investment Advisors LLC now owns 38 shares of the company's stock worth $37,000 after acquiring an additional 26 shares during the last quarter. Skandinaviska Enskilda Banken AB publ bought a new position in shares of Graham during the first quarter worth $40,000. CWM LLC boosted its position in shares of Graham by 100.0% during the first quarter. CWM LLC now owns 42 shares of the company's stock worth $40,000 after acquiring an additional 21 shares during the last quarter. Finally, Cullen Frost Bankers Inc. bought a new position in shares of Graham during the first quarter worth $43,000. Institutional investors own 93.16% of the company's stock.

Graham Price Performance

Shares of NYSE:GHC traded up $34.8050 during midday trading on Friday, reaching $1,097.4350. 48,686 shares of the company were exchanged, compared to its average volume of 43,714. 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 business's fifty day moving average is $960.51 and its two-hundred day moving average is $948.54. Graham Holdings Company has a one year low of $724.69 and a one year high of $1,103.22. The stock has a market cap of $4.78 billion, a PE ratio of 7.05 and a beta of 0.88.

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

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.