State of Alaska Department of Revenue reduced its stake in shares of Graham Holdings (NYSE:GHC – Free Report) by 0.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 15,556 shares of the company’s stock after selling 15 shares during the quarter. State of Alaska Department of Revenue’s holdings in Graham were worth $13,563,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of Graham by 10.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company’s stock valued at $17,361,000 after acquiring an additional 1,941 shares in the last quarter. Barclays PLC increased its position in Graham by 32.4% in the 3rd quarter. Barclays PLC now owns 13,601 shares of the company’s stock worth $11,176,000 after purchasing an additional 3,327 shares during the last quarter. Franklin Resources Inc. raised its stake in shares of Graham by 8.6% during the 3rd quarter. Franklin Resources Inc. now owns 10,311 shares of the company’s stock worth $8,344,000 after purchasing an additional 819 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Graham by 7.2% during the 2nd quarter. Cetera Investment Advisers now owns 7,578 shares of the company’s stock valued at $5,301,000 after buying an additional 508 shares during the last quarter. Finally, FMR LLC increased its holdings in Graham by 358.3% in the third quarter. FMR LLC now owns 4,766 shares of the company’s stock worth $3,916,000 after buying an additional 3,726 shares during the last quarter. 93.16% of the stock is owned by hedge funds and other institutional investors.
Graham Stock Performance
Shares of GHC opened at $943.94 on Thursday. 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 $683.00 and a one year high of $974.00. The company’s fifty day moving average price is $904.38 and its 200 day moving average price is $841.99. The company has a market capitalization of $4.09 billion, a PE ratio of 18.48 and a beta of 1.13.
Graham Increases Dividend
Analyst Ratings Changes
Separately, StockNews.com upgraded Graham from a “hold” rating to a “buy” rating in a report on Monday, November 4th.
Get Our Latest Stock Report on Graham
Insiders Place Their Bets
In other news, CAO Marcel A. Snyman sold 159 shares of the business’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $881.30, for a total transaction of $140,126.70. Following the transaction, the chief accounting officer now owns 442 shares in the company, valued at approximately $389,534.60. The trade was a 26.46 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 32.30% of the company’s stock.
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.
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