Fmr LLC Has $3.92 Million Position in Graham Holdings (NYSE:GHC)

Fmr LLC raised its position in shares of Graham Holdings (NYSE:GHC) by 358.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,766 shares of the company’s stock after purchasing an additional 3,726 shares during the quarter. Fmr LLC owned 0.11% of Graham worth $3,916,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Graham by 31.0% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 30,332 shares of the company’s stock valued at $21,219,000 after acquiring an additional 7,179 shares in the last quarter. Whittier Trust Co. purchased a new position in shares of Graham during the 2nd quarter valued at $70,000. Innealta Capital LLC purchased a new position in shares of Graham during the 2nd quarter valued at $35,000. Lee Danner & Bass Inc. purchased a new position in shares of Graham during the 2nd quarter valued at $3,568,000. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Graham by 175.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,162 shares of the company’s stock valued at $813,000 after acquiring an additional 740 shares in the last quarter. 93.16% of the stock is owned by institutional investors and hedge funds.

Graham Stock Down 2.3 %

GHC stock opened at $900.70 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34. Graham Holdings has a 52-week low of $657.96 and a 52-week high of $974.00. The company has a 50-day moving average of $881.36 and a two-hundred day moving average of $795.84. The stock has a market capitalization of $3.90 billion, a price-to-earnings ratio of 17.64 and a beta of 1.13.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Graham from a “hold” rating to a “buy” rating in a report on Monday, November 4th.

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.