AlphaQuest LLC Acquires 1,473 Shares of Graham Holdings Company $GHC

Key Points

• AlphaQuest LLC increased its stake in Graham Holdings Company by 1,389.6% during the first quarter, acquiring an additional 1,473 shares, elevating its total ownership to 1,579 shares valued at $1,517,000.
• Graham Holdings Company reported impressive quarterly earnings with an EPS of $14.33, exceeding analysts' expectations of $10.15, and generated revenue of $1.22 billion.
• Institutional investors hold 93.16% of Graham Holdings' stock, indicating strong institutional interest in the company.

AlphaQuest LLC boosted its holdings in shares of Graham Holdings Company (NYSE:GHC - Free Report) by 1,389.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,579 shares of the company's stock after buying an additional 1,473 shares during the quarter. AlphaQuest LLC's holdings in Graham were worth $1,517,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. DAVENPORT & Co LLC lifted its position in shares of Graham by 3.4% during the 1st quarter. DAVENPORT & Co LLC now owns 600 shares of the company's stock worth $577,000 after buying an additional 20 shares during the last quarter. QRG Capital Management Inc. raised its position in Graham by 15.9% during the 1st quarter. QRG Capital Management Inc. now owns 767 shares of the company's stock worth $737,000 after buying an additional 105 shares during the last quarter. Ground Swell Capital LLC purchased a new position in Graham during the 1st quarter worth $375,000. Principal Financial Group Inc. lifted its holdings in shares of Graham by 1.9% in the 1st quarter. Principal Financial Group Inc. now owns 8,619 shares of the company's stock valued at $8,282,000 after buying an additional 158 shares during the period. Finally, Allianz SE purchased a new stake in shares of Graham during the 1st quarter worth $400,000. 93.16% of the stock is currently owned by hedge funds and other institutional investors.

Graham Stock Up 0.2%

Shares of NYSE:GHC traded up $2.27 during trading on Tuesday, hitting $1,091.84. The company's stock had a trading volume of 52,414 shares, compared to its average volume of 31,498. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.10 and a current ratio of 1.27. The stock's 50-day moving average price is $963.16 and its two-hundred day moving average price is $949.70. The company has a market capitalization of $4.76 billion, a PE ratio of 7.01 and a beta of 0.88. Graham Holdings Company has a fifty-two week low of $724.69 and a fifty-two week high of $1,103.22.

Graham (NYSE:GHC - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $14.33 EPS for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to the consensus estimate 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.