Principal Financial Group Inc. Has $7.08 Million Position in Graham Holdings (NYSE:GHC)

Principal Financial Group Inc. lessened its stake in shares of Graham Holdings (NYSE:GHC) by 26.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,614 shares of the company’s stock after selling 3,024 shares during the period. Principal Financial Group Inc. owned 0.20% of Graham worth $7,078,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. American Century Companies Inc. boosted its holdings in shares of Graham by 80.3% during the 2nd quarter. American Century Companies Inc. now owns 20,109 shares of the company’s stock worth $14,067,000 after buying an additional 8,953 shares during the period. Barclays PLC boosted its holdings in Graham by 32.4% during the third quarter. Barclays PLC now owns 13,601 shares of the company’s stock valued at $11,176,000 after acquiring an additional 3,327 shares during the period. Franklin Resources Inc. grew its position in shares of Graham by 8.6% in the third quarter. Franklin Resources Inc. now owns 10,311 shares of the company’s stock valued at $8,344,000 after purchasing an additional 819 shares during the last quarter. VELA Investment Management LLC lifted its position in shares of Graham by 13.7% during the 2nd quarter. VELA Investment Management LLC now owns 9,839 shares of the company’s stock worth $6,883,000 after purchasing an additional 1,188 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of Graham by 7.2% during the 2nd quarter. Cetera Investment Advisers now owns 7,578 shares of the company’s stock worth $5,301,000 after purchasing an additional 508 shares during the last quarter. Institutional investors own 93.16% of the company’s stock.

Analyst Upgrades and Downgrades

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

Graham Price Performance

NYSE:GHC opened at $871.92 on Wednesday. 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 one year low of $663.47 and a one year high of $974.00. The company has a fifty day moving average price of $899.31 and a 200 day moving average price of $809.83. The stock has a market cap of $3.78 billion, a P/E ratio of 17.07 and a beta of 1.13.

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.