Graham Holdings Company (NYSE:GHC - Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $1,103.22 and last traded at $1,094.71, with a volume of 48686 shares traded. The stock had previously closed at $1,062.63.
Graham Stock Performance
The company has a current ratio of 1.27, a quick ratio of 1.10 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $4.73 billion, a P/E ratio of 6.97 and a beta of 0.88. The company's 50-day moving average is $974.16 and its two-hundred day moving average is $953.62.
Graham (NYSE:GHC - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported $14.33 earnings per share for the quarter, beating analysts' consensus estimates of $10.15 by $4.18. The company 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%.
Institutional Trading of Graham
Hedge funds and other institutional investors have recently modified their holdings of the company. Thrivent Financial for Lutherans boosted its stake in Graham by 1.3% during the second quarter. Thrivent Financial for Lutherans now owns 800 shares of the company's stock valued at $757,000 after buying an additional 10 shares in the last quarter. FORA Capital LLC bought a new position in shares of Graham during the 2nd quarter valued at about $348,000. Headlands Technologies LLC acquired a new position in shares of Graham in the 2nd quarter worth approximately $64,000. Tower Research Capital LLC TRC raised its holdings in shares of Graham by 158.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 369 shares of the company's stock worth $349,000 after purchasing an additional 226 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its stake in Graham by 109.3% during the second quarter. Corient Private Wealth LLC now owns 1,909 shares of the company's stock valued at $1,806,000 after purchasing an additional 997 shares during the last quarter. Institutional investors own 93.16% of the company's stock.
About Graham
(
Get Free Report)
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.
Further Reading
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