Invesco Ltd. Boosts Holdings in Graham Holdings Company $GHC

Key Points

• Invesco Ltd. increased its stake in Graham Holdings Company by 9.3% in Q1, owning a total of 21,677 shares valued at approximately $20.8 million.
• Graham Holdings reported an impressive EPS of $14.33 for the latest quarter, exceeding analyst expectations of $10.15.
• The stock has seen significant activity from institutional investors, with 93.16% of shares now owned by hedge funds and institutions.

Invesco Ltd. raised its stake in Graham Holdings Company (NYSE:GHC - Free Report) by 9.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,677 shares of the company's stock after purchasing an additional 1,849 shares during the period. Invesco Ltd. owned 0.50% of Graham worth $20,829,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Spire Wealth Management increased its stake in Graham by 333.3% in the first quarter. Spire Wealth Management now owns 26 shares of the company's stock valued at $25,000 after purchasing an additional 20 shares during the last quarter. Nisa Investment Advisors LLC grew its position in shares of Graham by 216.7% during the first quarter. Nisa Investment Advisors LLC now owns 38 shares of the company's stock worth $37,000 after acquiring an additional 26 shares during the last quarter. CWM LLC grew its position in shares of Graham by 100.0% during the first quarter. CWM LLC now owns 42 shares of the company's stock worth $40,000 after acquiring an additional 21 shares during the last quarter. Skandinaviska Enskilda Banken AB publ purchased a new position in shares of Graham during the first quarter worth approximately $40,000. Finally, Cullen Frost Bankers Inc. purchased a new position in shares of Graham during the first quarter worth approximately $43,000. 93.16% of the stock is currently owned by hedge funds and other institutional investors.

Graham Stock Performance

Shares of GHC traded up $2.27 during mid-day trading on Tuesday, reaching $1,091.84. 52,414 shares of the company's stock were exchanged, compared to its average volume of 45,000. 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 stock has a market capitalization of $4.76 billion, a PE ratio of 7.01 and a beta of 0.88. The business's fifty day simple moving average is $965.99 and its 200-day simple moving average is $950.68. Graham Holdings Company has a 52-week low of $724.69 and a 52-week high of $1,103.22.

Graham (NYSE:GHC - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported $14.33 earnings per share (EPS) 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 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.