Sunbelt Securities Inc. Buys New Position in Graham Holdings Co (NYSE:GHC)

Sunbelt Securities Inc. bought a new stake in shares of Graham Holdings Co (NYSE:GHC) in the 2nd quarter, Holdings Channel.com reports. The firm bought 345 shares of the company’s stock, valued at approximately $238,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Signaturefd LLC boosted its position in shares of Graham by 39.1% in the first quarter. Signaturefd LLC now owns 64 shares of the company’s stock worth $44,000 after purchasing an additional 18 shares during the period. Bessemer Group Inc. bought a new position in shares of Graham in the second quarter worth approximately $79,000. Quadrant Capital Group LLC boosted its position in shares of Graham by 981.8% in the first quarter. Quadrant Capital Group LLC now owns 119 shares of the company’s stock worth $80,000 after purchasing an additional 108 shares during the period. Nkcfo LLC bought a new position in shares of Graham in the second quarter worth approximately $186,000. Finally, Stonebridge Capital Management Inc. bought a new position in shares of Graham in the first quarter worth approximately $205,000. Institutional investors own 69.57% of the company’s stock.

Shares of GHC traded up $3.51 during mid-day trading on Thursday, reaching $708.11. The stock had a trading volume of 4,673 shares, compared to its average volume of 20,445. The firm has a market capitalization of $3.75 billion, a price-to-earnings ratio of 16.06 and a beta of 0.46. Graham Holdings Co has a 12 month low of $549.75 and a 12 month high of $756.26. The business’s fifty day moving average price is $719.73. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.68 and a current ratio of 1.82.

Graham (NYSE:GHC) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $9.36 earnings per share for the quarter, missing the Zacks’ consensus estimate of $9.89 by ($0.53). The firm had revenue of $737.60 million during the quarter. Graham had a return on equity of 7.88% and a net margin of 11.48%.

Graham Company Profile

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company worldwide. It provides test preparation services and materials, as well as data science education, and training and healthcare simulation services; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to Purdue University Global.

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Institutional Ownership by Quarter for Graham (NYSE:GHC)

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