Gamco Investors INC. ET AL Trims Position in Graham Holdings Company $GHC

Key Points

• Gamco Investors INC. ET AL has reduced its stake in Graham Holdings Company by 4.7%, now holding 13,651 shares valued at approximately $13.12 million.
• Graham Holdings reported a net income of $14.33 EPS for the last quarter, exceeding analyst expectations and along with revenue of $1.22 billion.
• Institutional investors and hedge funds collectively own 93.16% of Graham Holdings, indicating strong institutional support.

Gamco Investors INC. ET AL reduced its stake in Graham Holdings Company (NYSE:GHC - Free Report) by 4.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 13,651 shares of the company's stock after selling 670 shares during the quarter. Gamco Investors INC. ET AL owned about 0.31% of Graham worth $13,117,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of GHC. Mariner LLC raised its position in shares of Graham by 47.5% in the 4th quarter. Mariner LLC now owns 773 shares of the company's stock valued at $674,000 after purchasing an additional 249 shares during the last quarter. Tower Research Capital LLC TRC raised its position in shares of Graham by 360.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 571 shares of the company's stock valued at $498,000 after purchasing an additional 447 shares during the last quarter. Stifel Financial Corp raised its position 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 during the last quarter. Hsbc Holdings PLC purchased a new position in shares of Graham in the 4th quarter valued at approximately $1,046,000. Finally, Susquehanna International Group LLP raised its position in shares of Graham by 53.1% in the 4th quarter. Susquehanna International Group LLP now owns 1,851 shares of the company's stock valued at $1,614,000 after purchasing an additional 642 shares during the last quarter. 93.16% of the stock is owned by hedge funds and other institutional investors.

Graham Stock Performance

Shares of Graham stock traded down $7.34 during midday trading on Friday, hitting $1,085.64. The company had a trading volume of 30,754 shares, compared to its average volume of 40,660. The stock has a market cap of $4.73 billion, a price-to-earnings ratio of 6.97 and a beta of 0.88. The company has a quick ratio of 1.10, a current ratio of 1.27 and a debt-to-equity ratio of 0.07. The company has a fifty day simple moving average of $974.16 and a 200 day simple moving average of $953.69. 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 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 firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.18 billion.

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.