Jane Street Group LLC lowered its stake in Graham Holdings (NYSE:GHC - Free Report) by 23.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,543 shares of the company's stock after selling 2,306 shares during the quarter. Jane Street Group LLC owned about 0.17% of Graham worth $6,198,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the stock. American Century Companies Inc. lifted its stake in Graham by 80.3% during the 2nd quarter. American Century Companies Inc. now owns 20,109 shares of the company's stock worth $14,067,000 after acquiring an additional 8,953 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of Graham by 31.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 30,332 shares of the company's stock worth $21,219,000 after purchasing an additional 7,179 shares in the last quarter. Lee Danner & Bass Inc. purchased a new position in shares of Graham in the second quarter valued at approximately $3,568,000. Millennium Management LLC acquired a new position in shares of Graham in the second quarter valued at approximately $2,743,000. Finally, FMR LLC increased its stake in Graham by 358.3% during the 3rd 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 period. Hedge funds and other institutional investors own 93.16% of the company's stock.
Graham Stock Up 1.4 %
Graham stock traded up $12.69 during midday trading on Monday, reaching $913.54. The company's stock had a trading volume of 17,144 shares, compared to its average volume of 14,994. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18. Graham Holdings has a fifty-two week low of $663.47 and a fifty-two week high of $974.00. The company has a market cap of $3.96 billion, a P/E ratio of 17.90 and a beta of 1.13. The business has a 50-day simple moving average of $881.36 and a 200-day simple moving average of $796.72.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded Graham from a "hold" rating to a "buy" rating in a report on Monday, November 4th.
Read Our Latest Research Report on Graham
About Graham
(
Free Report)
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.
Further Reading
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