Vanguard Group Inc. Has $318.86 Million Stake in Graham Holdings Company $GHC

Vanguard Group Inc. cut its holdings in shares of Graham Holdings Company (NYSE:GHC - Free Report) by 1.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 331,845 shares of the company's stock after selling 3,786 shares during the period. Vanguard Group Inc. owned about 7.65% of Graham worth $318,857,000 at the end of the most recent quarter.

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

Graham Price Performance

Shares of NYSE:GHC traded up $34.8050 during trading on Friday, hitting $1,097.4350. 48,686 shares of the company were exchanged, compared to its average volume of 43,714. The business's 50 day moving average is $960.51 and its 200-day moving average is $948.54. The company has a market capitalization of $4.78 billion, a P/E ratio of 7.05 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. Graham Holdings Company has a 1-year low of $724.69 and a 1-year high of $1,103.22.

Graham (NYSE:GHC - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $14.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.15 by $4.18. The company 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%.

Graham 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.