American Century Companies Inc. Reduces Position in Graham Holdings Company $GHC

American Century Companies Inc. trimmed its holdings in shares of Graham Holdings Company (NYSE:GHC - Free Report) by 47.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,151 shares of the company's stock after selling 1,922 shares during the period. American Century Companies Inc.'s holdings in Graham were worth $2,067,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Stifel Financial Corp increased its holdings in shares of Graham by 1.8% during 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 lifted its position in shares of Graham by 3.2% during the 1st quarter. Miracle Mile Advisors LLC now owns 517 shares of the company's stock valued at $497,000 after buying an additional 16 shares in the last quarter. US Bancorp DE increased its holdings in Graham by 4.6% in the 1st quarter. US Bancorp DE now owns 389 shares of the company's stock worth $374,000 after acquiring an additional 17 shares in the last quarter. Spire Wealth Management increased its holdings in Graham by 333.3% in the 1st quarter. Spire Wealth Management now owns 26 shares of the company's stock worth $25,000 after acquiring an additional 20 shares in the last quarter. Finally, DAVENPORT & Co LLC increased its holdings in Graham by 3.4% in the 1st quarter. DAVENPORT & Co LLC now owns 600 shares of the company's stock worth $577,000 after acquiring an additional 20 shares in the last quarter. 93.16% of the stock is owned by hedge funds and other institutional investors.

Graham Price Performance

NYSE GHC traded down $2.52 on Friday, hitting $1,125.70. The company had a trading volume of 12,259 shares, compared to its average volume of 31,421. The company has a market capitalization of $4.91 billion, a PE ratio of 7.23 and a beta of 0.89. The company's fifty day moving average price is $985.58 and its 200-day moving average price is $957.63. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.27 and a quick ratio of 1.10. Graham Holdings Company has a 12-month low of $724.69 and a 12-month high of $1,137.22.

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

About Graham

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.