Vanguard Group Inc. Decreases Stake in Graham Holdings Company $GHC

Vanguard Group Inc. lowered its position in Graham Holdings Company (NYSE:GHC) by 1.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 331,845 shares of the company’s stock after selling 3,786 shares during the quarter. Vanguard Group Inc. owned about 7.65% of Graham worth $318,857,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Stifel Financial Corp grew its holdings in Graham by 1.8% during the 4th quarter. Stifel Financial Corp now owns 623 shares of the company’s stock valued at $543,000 after buying an additional 11 shares in the last quarter. Miracle Mile Advisors LLC grew its holdings in Graham by 3.2% during the 1st quarter. Miracle Mile Advisors LLC now owns 517 shares of the company’s stock valued at $497,000 after buying an additional 16 shares in the last quarter. US Bancorp DE grew its holdings in Graham by 4.6% during the 1st quarter. US Bancorp DE now owns 389 shares of the company’s stock valued at $374,000 after buying an additional 17 shares in the last quarter. Spire Wealth Management grew its holdings in Graham by 333.3% during the 1st quarter. Spire Wealth Management now owns 26 shares of the company’s stock valued at $25,000 after buying an additional 20 shares in the last quarter. Finally, DAVENPORT & Co LLC grew its holdings in Graham by 3.4% during the 1st quarter. DAVENPORT & Co LLC now owns 600 shares of the company’s stock valued at $577,000 after buying an additional 20 shares in the last quarter. Hedge funds and other institutional investors own 93.16% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered Graham from a “strong-buy” rating to a “buy” rating in a report on Wednesday, April 23rd.

Graham Stock Performance

Shares of GHC opened at $1,065.39 on Monday. The company has a market cap of $4.65 billion, a PE ratio of 6.84 and a beta of 0.88. 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 50-day moving average price of $948.14 and a 200-day moving average price of $943.70. Graham Holdings Company has a 12-month low of $724.69 and a 12-month high of $1,070.93.

Graham (NYSE:GHC) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $14.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $10.15 by $4.18. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.18 billion. Graham had a return on equity of 6.79% and a net margin of 14.10%.

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.