Principal Financial Group Inc. lowered its position in Graham Holdings (NYSE:GHC - Free Report) by 26.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,614 shares of the company's stock after selling 3,024 shares during the quarter. Principal Financial Group Inc. owned about 0.20% of Graham worth $7,078,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in GHC. Daiwa Securities Group Inc. raised its position in Graham by 558.3% in the 3rd quarter. Daiwa Securities Group Inc. now owns 79 shares of the company's stock worth $65,000 after purchasing an additional 67 shares during the period. KBC Group NV raised its holdings in shares of Graham by 60.0% in the third quarter. KBC Group NV now owns 104 shares of the company's stock worth $85,000 after buying an additional 39 shares during the period. Headlands Technologies LLC bought a new stake in shares of Graham during the 2nd quarter worth approximately $76,000. Covestor Ltd boosted its holdings in Graham by 8.4% during the 3rd quarter. Covestor Ltd now owns 155 shares of the company's stock valued at $128,000 after acquiring an additional 12 shares during the period. Finally, SG Americas Securities LLC bought a new position in Graham in the 3rd quarter valued at $168,000. Institutional investors own 93.16% of the company's stock.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded Graham from a "hold" rating to a "buy" rating in a research report on Monday, November 4th.
View Our Latest Analysis on Graham
Graham Trading Down 0.1 %
Graham stock traded down $0.83 during trading hours on Wednesday, hitting $871.92. The company had a trading volume of 12,857 shares, compared to its average volume of 15,167. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57. The firm has a market cap of $3.78 billion, a P/E ratio of 17.07 and a beta of 1.13. The company has a 50-day moving average price of $901.15 and a two-hundred day moving average price of $810.27. Graham Holdings has a 1 year low of $663.47 and a 1 year high of $974.00.
Graham Company Profile
(
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.
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