Graham (NYSE:GHC) Given "Buy (A-)" Rating at Weiss Ratings

Key Points

• Graham Holdings Company (NYSE:GHC) has received a reaffirmed "Buy (A-)" rating from Weiss Ratings, indicating positive sentiment from market analysts.
• The company reported an impressive EPS of $14.33 for the last quarter, significantly exceeding analysts' expectations of $10.15.
• Institutional investors hold a substantial 93.16% stake in Graham, with notable increases in positions from hedge funds during the first quarter.

Graham (NYSE:GHC - Get Free Report)'s stock had its "buy (a-)" rating reaffirmed by Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Graham Price Performance

Graham stock opened at $1,090.19 on Wednesday. Graham has a one year low of $770.06 and a one year high of $1,200.00. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.10 and a current ratio of 1.27. The business has a fifty day moving average of $1,095.53 and a two-hundred day moving average of $992.06. The company has a market cap of $4.75 billion, a P/E ratio of 7.00 and a beta of 0.88.

Graham (NYSE:GHC - Get Free Report) last released its 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. Graham had a return on equity of 6.79% and a net margin of 14.10%.The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.18 billion.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. DAVENPORT & Co LLC raised its stake in shares of Graham by 3.4% during the 1st quarter. DAVENPORT & Co LLC now owns 600 shares of the company's stock worth $577,000 after buying an additional 20 shares during the last quarter. QRG Capital Management Inc. raised its stake in shares of Graham by 15.9% during the 1st quarter. QRG Capital Management Inc. now owns 767 shares of the company's stock worth $737,000 after buying an additional 105 shares during the last quarter. Ground Swell Capital LLC acquired a new position in shares of Graham during the 1st quarter worth $375,000. Principal Financial Group Inc. raised its stake in Graham by 1.9% in the 1st quarter. Principal Financial Group Inc. now owns 8,619 shares of the company's stock valued at $8,282,000 after purchasing an additional 158 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its stake in Graham by 244.2% in the 1st quarter. Russell Investments Group Ltd. now owns 1,628 shares of the company's stock valued at $1,564,000 after purchasing an additional 1,155 shares during the last quarter. Institutional investors and hedge funds own 93.16% of the company's stock.

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.

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