Geode Capital Management LLC decreased its position in shares of Graham Holdings (NYSE:GHC - Free Report) by 10.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,778 shares of the company's stock after selling 9,797 shares during the period. Geode Capital Management LLC owned 1.87% of Graham worth $66,389,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC raised its position in Graham by 175.4% in the second quarter. Commonwealth Equity Services LLC now owns 1,162 shares of the company's stock worth $813,000 after acquiring an additional 740 shares in the last quarter. Innealta Capital LLC acquired a new stake in Graham during the second quarter valued at approximately $35,000. Autumn Glory Partners LLC boosted its holdings in Graham by 100.0% during the third quarter. Autumn Glory Partners LLC now owns 4,342 shares of the company's stock worth $3,568,000 after buying an additional 2,171 shares in the last quarter. Daiwa Securities Group Inc. grew its position in Graham by 558.3% in the third quarter. Daiwa Securities Group Inc. now owns 79 shares of the company's stock worth $65,000 after buying an additional 67 shares during the last quarter. Finally, VELA Investment Management LLC increased its holdings in shares of Graham by 13.7% in the second quarter. VELA Investment Management LLC now owns 9,839 shares of the company's stock valued at $6,883,000 after buying an additional 1,188 shares in the last quarter. 93.16% of the stock is currently owned by institutional investors and hedge funds.
NYSE GHC opened at $877.83 on Friday. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. Graham Holdings has a 1 year low of $663.47 and a 1 year high of $974.00. The company has a market cap of $3.80 billion, a PE ratio of 17.19 and a beta of 1.13. The stock's 50-day moving average price is $889.56 and its two-hundred day moving average price is $801.19.
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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