Robeco Institutional Asset Management B.V. increased its stake in shares of Graham Holdings (NYSE:GHC – Free Report) by 19.6% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 10,610 shares of the company’s stock after purchasing an additional 1,742 shares during the period. Robeco Institutional Asset Management B.V. owned 0.22% of Graham worth $6,322,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in GHC. Raymond James & Associates lifted its holdings in Graham by 2.8% during the 1st quarter. Raymond James & Associates now owns 1,011 shares of the company’s stock worth $618,000 after purchasing an additional 28 shares in the last quarter. American Century Companies Inc. lifted its holdings in Graham by 155.6% during the 1st quarter. American Century Companies Inc. now owns 1,421 shares of the company’s stock worth $869,000 after purchasing an additional 865 shares in the last quarter. MetLife Investment Management LLC lifted its holdings in Graham by 35.5% during the 1st quarter. MetLife Investment Management LLC now owns 4,499 shares of the company’s stock worth $2,751,000 after purchasing an additional 1,179 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Graham by 10.5% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,462 shares of the company’s stock worth $894,000 after purchasing an additional 139 shares in the last quarter. Finally, Great West Life Assurance Co. Can lifted its holdings in Graham by 9.4% during the 1st quarter. Great West Life Assurance Co. Can now owns 2,203 shares of the company’s stock worth $1,380,000 after purchasing an additional 189 shares in the last quarter. Hedge funds and other institutional investors own 66.81% of the company’s stock.
Graham Price Performance
Shares of NYSE GHC opened at $586.05 on Thursday. The firm has a market capitalization of $2.78 billion, a P/E ratio of 117.92 and a beta of 1.03. The company has a quick ratio of 1.24, a current ratio of 1.46 and a debt-to-equity ratio of 0.15. The stock’s 50-day simple moving average is $572.94 and its two-hundred day simple moving average is $594.94. Graham Holdings has a twelve month low of $525.58 and a twelve month high of $681.70.
Analysts Set New Price Targets
GHC has been the topic of a number of recent research reports. TheStreet cut Graham from a “b” rating to a “c+” rating in a report on Friday, July 14th. StockNews.com upgraded Graham from a “hold” rating to a “buy” rating in a research note on Wednesday, July 26th.
Check Out Our Latest Stock Report on Graham
Insider Activity
In other news, Director Thomas Sinnickson Gayner acquired 100 shares of Graham stock in a transaction dated Tuesday, May 9th. The shares were purchased at an average cost of $581.63 per share, for a total transaction of $58,163.00. Following the transaction, the director now owns 5,600 shares of the company’s stock, valued at $3,257,128. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 20.50% of the company’s stock.
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.
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