Deutsche Bank AG Sells 402 Shares of Graham Holdings Company $GHC

Deutsche Bank AG lowered its holdings in shares of Graham Holdings Company (NYSE:GHC - Free Report) by 8.7% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,236 shares of the company's stock after selling 402 shares during the period. Deutsche Bank AG owned about 0.10% of Graham worth $4,070,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. Stifel Financial Corp raised 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 worth $543,000 after buying an additional 11 shares in the last quarter. Miracle Mile Advisors LLC grew its position in Graham by 3.2% during the 1st quarter. Miracle Mile Advisors LLC now owns 517 shares of the company's stock worth $497,000 after acquiring an additional 16 shares during the last quarter. US Bancorp DE grew its position in Graham by 4.6% during the 1st quarter. US Bancorp DE now owns 389 shares of the company's stock worth $374,000 after acquiring an additional 17 shares during the last quarter. Spire Wealth Management grew its position in Graham by 333.3% during the 1st 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. Finally, DAVENPORT & Co LLC grew its position in Graham by 3.4% during the 1st quarter. DAVENPORT & Co LLC now owns 600 shares of the company's stock worth $577,000 after acquiring an additional 20 shares during the last quarter. Institutional investors and hedge funds own 93.16% of the company's stock.

Graham Price Performance

GHC stock traded up $35.6350 during midday trading on Friday, reaching $1,098.2650. 22,470 shares of the stock were exchanged, compared to its average volume of 31,178. The stock has a market capitalization of $4.79 billion, a PE ratio of 7.05 and a beta of 0.88. Graham Holdings Company has a 52 week low of $724.69 and a 52 week high of $1,090.00. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.27 and a quick ratio of 1.10. The company has a fifty day moving average price of $957.35 and a 200 day moving average price of $947.43.

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

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.