Brandywine Global Investment Management LLC Trims Stock Position in Graham Holdings Company $GHC

Key Points

• Brandywine Global Investment Management LLC reduced its holdings in Graham Holdings Company by 4.5%, owning 10,472 shares worth $10,062,000 as of its latest SEC filing.
• Other institutional investors, including Spire Wealth Management and Nisa Investment Advisors LLC, significantly increased their stakes in Graham Holdings, with Spire Wealth Management raising its holdings by 333.3% during the same quarter.
• Graham Holdings reported an earnings per share (EPS) of $14.33 for the last quarter, exceeding analysts' expectations by $4.18 and achieving a revenue of $1.22 billion.

Brandywine Global Investment Management LLC reduced its position in Graham Holdings Company (NYSE:GHC - Free Report) by 4.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,472 shares of the company's stock after selling 492 shares during the period. Brandywine Global Investment Management LLC owned about 0.24% of Graham worth $10,062,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Spire Wealth Management increased its stake in shares of Graham by 333.3% in the 1st quarter. Spire Wealth Management now owns 26 shares of the company's stock valued at $25,000 after purchasing an additional 20 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in shares of Graham by 216.7% in the 1st quarter. Nisa Investment Advisors LLC now owns 38 shares of the company's stock valued at $37,000 after purchasing an additional 26 shares in the last quarter. Skandinaviska Enskilda Banken AB publ purchased a new position in shares of Graham in the 1st quarter valued at about $40,000. CWM LLC increased its stake in shares of Graham by 100.0% in the 1st quarter. CWM LLC now owns 42 shares of the company's stock valued at $40,000 after purchasing an additional 21 shares in the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new position in shares of Graham in the 1st quarter valued at about $43,000. 93.16% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered Graham from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, April 23rd.

Graham Price Performance

GHC stock traded down $9.3480 during trading on Wednesday, hitting $1,069.3420. The stock had a trading volume of 43,590 shares, compared to its average volume of 31,183. 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 twelve month low of $724.69 and a twelve month high of $1,081.92. The stock has a market capitalization of $4.66 billion, a P/E ratio of 6.86 and a beta of 0.88. The company's 50-day moving average price is $952.95 and its two-hundred day moving average price is $945.56.

Graham (NYSE:GHC - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $14.33 earnings per share for the quarter, topping the consensus estimate of $10.15 by $4.18. The business had revenue of $1.22 billion for the quarter, compared to analysts' expectations 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.