Russell Investments Group Ltd. boosted its holdings in Graham Holdings Company (NYSE:GHC - Free Report) by 244.2% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 1,628 shares of the company's stock after buying an additional 1,155 shares during the period. Russell Investments Group Ltd.'s holdings in Graham were worth $1,564,000 as of its most recent SEC filing.
A number of other institutional investors have also bought and sold shares of the business. Nuveen LLC purchased a new stake in Graham in the 1st quarter worth $8,351,000. Invesco Ltd. increased its stake in Graham by 9.3% in the 1st quarter. Invesco Ltd. now owns 21,677 shares of the company's stock worth $20,829,000 after buying an additional 1,849 shares in the last quarter. Ontario Teachers Pension Plan Board boosted its holdings in shares of Graham by 207.4% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 1,531 shares of the company's stock valued at $1,471,000 after purchasing an additional 1,033 shares during the last quarter. Atria Wealth Solutions Inc. bought a new position in shares of Graham during the 1st quarter valued at about $271,000. Finally, Costello Asset Management INC bought a new position in shares of Graham during the 1st quarter valued at about $128,000. Hedge funds and other institutional investors own 93.16% of the company's stock.
Graham Price Performance
Shares of GHC traded down $7.34 during midday trading on Monday, hitting $1,085.64. 30,754 shares of the company traded hands, compared to its average volume of 40,094. The firm has a 50 day moving average of $974.16 and a 200-day moving average of $953.67. Graham Holdings Company has a 52 week low of $724.69 and a 52 week high of $1,103.22. The stock has a market cap of $4.73 billion, a price-to-earnings ratio of 6.97 and a beta of 0.89. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.10 and a current ratio of 1.27.
Graham (NYSE:GHC - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $14.33 EPS for the quarter, beating analysts' consensus estimates of $10.15 by $4.18. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.18 billion. Graham had a net margin of 14.10% and a return on equity of 6.79%.
About Graham
(
Free Report)
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.
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