Trexquant Investment LP Purchases Shares of 2,113 Graham Holdings Company $GHC

Key Points

• Trexquant Investment LP has acquired a new stake in Graham Holdings Company, purchasing 2,113 shares valued at approximately $2,030,000.
• In the first quarter, several hedge funds increased their holdings in Graham, with institutional investors now owning 93.16% of the stock.
• Graham Holdings reported earnings of $14.33 per share, significantly beating estimates, and had a revenue of $1.22 billion for the recent quarter.

Trexquant Investment LP bought a new position in shares of Graham Holdings Company (NYSE:GHC - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,113 shares of the company's stock, valued at approximately $2,030,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GHC. GAMMA Investing LLC grew its stake in shares of Graham by 128,013.3% during the first quarter. GAMMA Investing LLC now owns 19,217 shares of the company's stock worth $18,465,000 after buying an additional 19,202 shares during the last quarter. Nuveen LLC bought a new stake in shares of Graham during the first quarter worth $8,351,000. Northern Trust Corp grew its stake in shares of Graham by 12.6% in the fourth quarter. Northern Trust Corp now owns 44,473 shares of the company's stock worth $38,777,000 after purchasing an additional 4,988 shares during the last quarter. Algert Global LLC grew its stake in shares of Graham by 119.8% in the first quarter. Algert Global LLC now owns 7,705 shares of the company's stock worth $7,403,000 after purchasing an additional 4,199 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in shares of Graham by 530.5% in the first quarter. Janney Montgomery Scott LLC now owns 3,575 shares of the company's stock worth $3,435,000 after purchasing an additional 3,008 shares during the last quarter. Institutional investors own 93.16% of the company's stock.

Graham Trading Up 0.3%

Shares of Graham stock traded up $3.18 during trading on Wednesday, hitting $1,138.71. The company's stock had a trading volume of 19,992 shares, compared to its average volume of 33,549. 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 52 week low of $724.69 and a 52 week high of $1,140.70. The stock has a market cap of $4.96 billion, a price-to-earnings ratio of 7.31 and a beta of 0.89. The stock has a 50-day moving average price of $1,000.05 and a two-hundred day moving average price of $962.63.

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 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 company had revenue of $1.22 billion for the quarter, compared to analysts' expectations of $1.18 billion.

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.