Wellington Management Group LLP Reduces Holdings in Graham Holdings (NYSE:GHC)

Wellington Management Group LLP lessened its position in shares of Graham Holdings (NYSE:GHC) by 56.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 447 shares of the company’s stock after selling 577 shares during the quarter. Wellington Management Group LLP’s holdings in Graham were worth $367,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Covestor Ltd increased its stake in Graham by 8.4% during the third quarter. Covestor Ltd now owns 155 shares of the company’s stock worth $128,000 after acquiring an additional 12 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its position in shares of Graham by 3.5% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 447 shares of the company’s stock worth $313,000 after purchasing an additional 15 shares during the last quarter. Truist Financial Corp raised its holdings in Graham by 1.1% in the 2nd quarter. Truist Financial Corp now owns 1,982 shares of the company’s stock valued at $1,387,000 after buying an additional 21 shares during the period. Insight Inv LLC lifted its position in Graham by 0.8% in the second quarter. Insight Inv LLC now owns 2,629 shares of the company’s stock valued at $1,839,000 after buying an additional 22 shares during the last quarter. Finally, Harrington Investments INC boosted its stake in Graham by 1.4% during the second quarter. Harrington Investments INC now owns 1,849 shares of the company’s stock worth $1,294,000 after buying an additional 25 shares during the period. 93.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Graham Stock Up 0.9 %

NYSE:GHC opened at $877.83 on Friday. Graham Holdings has a 52 week low of $663.47 and a 52 week high of $974.00. The stock’s fifty day moving average is $889.56 and its two-hundred day moving average is $800.76. The stock has a market capitalization of $3.80 billion, a price-to-earnings ratio of 17.19 and a beta of 1.13. 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 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.