Fmr LLC Buys 3,726 Shares of Graham Holdings (NYSE:GHC)

Fmr LLC increased its stake in shares of Graham Holdings (NYSE:GHC) by 358.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,766 shares of the company’s stock after purchasing an additional 3,726 shares during the quarter. Fmr LLC’s holdings in Graham were worth $3,916,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of GHC. Daiwa Securities Group Inc. raised its holdings 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 purchasing an additional 67 shares during the period. Cerity Partners LLC raised its holdings in Graham by 9.0% in the third quarter. Cerity Partners LLC now owns 631 shares of the company’s stock worth $519,000 after purchasing an additional 52 shares during the period. Intech Investment Management LLC acquired a new stake in Graham in the third quarter worth $453,000. Quest Partners LLC raised its holdings in Graham by 25,420.0% in the third quarter. Quest Partners LLC now owns 1,276 shares of the company’s stock worth $1,049,000 after purchasing an additional 1,271 shares during the period. Finally, KBC Group NV raised its holdings in Graham by 60.0% in the third quarter. KBC Group NV now owns 104 shares of the company’s stock worth $85,000 after purchasing an additional 39 shares during the period. 93.16% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Graham from a “hold” rating to a “buy” rating in a report on Monday, November 4th.

Graham Stock Down 2.3 %

Shares of GHC stock opened at $900.70 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 $657.96 and a 1 year high of $974.00. The firm’s fifty day moving average price is $881.36 and its two-hundred day moving average price is $795.84. The firm has a market capitalization of $3.90 billion, a P/E ratio of 17.64 and a beta of 1.13.

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.