Cetera Investment Advisers Lowers Position in Graham Holdings Company $GHC

Cetera Investment Advisers cut its holdings in Graham Holdings Company (NYSE:GHC) by 27.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 264 shares of the company’s stock after selling 100 shares during the quarter. Cetera Investment Advisers’ holdings in Graham were worth $254,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Graham in the first quarter worth about $251,000. Lindbrook Capital LLC lifted its stake in Graham by 5,600.0% in the first quarter. Lindbrook Capital LLC now owns 285 shares of the company’s stock worth $274,000 after acquiring an additional 280 shares during the period. Cullen Frost Bankers Inc. purchased a new stake in shares of Graham during the first quarter valued at about $43,000. Victory Capital Management Inc. lifted its position in shares of Graham by 77.0% during the first quarter. Victory Capital Management Inc. now owns 4,725 shares of the company’s stock valued at $4,540,000 after buying an additional 2,056 shares during the last quarter. Finally, CWM LLC lifted its position in shares of Graham by 100.0% during the first quarter. CWM LLC now owns 42 shares of the company’s stock valued at $40,000 after buying an additional 21 shares during the last quarter. 93.16% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Graham Price Performance

Shares of NYSE:GHC opened at $1,069.3420 on Thursday. Graham Holdings Company has a twelve month low of $724.69 and a twelve month high of $1,081.92. The company’s 50 day moving average is $955.17 and its 200 day moving average is $946.41. 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 company has a market cap of $4.66 billion, a PE ratio of 6.86 and a beta of 0.88.

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

Graham 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.