2,996 Shares in Graham Holdings Co (GHC) Purchased by WBI Investments Inc.
WBI Investments Inc. purchased a new position in shares of Graham Holdings Co (NYSE:GHC) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,996 shares of the company’s stock, valued at approximately $1,756,000.
Other large investors have also modified their holdings of the company. Kiwi Wealth Investments Limited Partnership increased its stake in Graham by 2.5% during the first quarter. Kiwi Wealth Investments Limited Partnership now owns 3,489 shares of the company’s stock worth $2,101,000 after purchasing an additional 86 shares during the period. Principal Financial Group Inc. increased its stake in shares of Graham by 2.3% during the first quarter. Principal Financial Group Inc. now owns 21,603 shares of the company’s stock worth $13,011,000 after buying an additional 476 shares during the period. Millennium Management LLC purchased a new stake in shares of Graham during the fourth quarter worth approximately $2,458,000. Aperio Group LLC increased its stake in shares of Graham by 217.8% during the second quarter. Aperio Group LLC now owns 8,320 shares of the company’s stock worth $4,876,000 after buying an additional 5,702 shares during the period. Finally, Virginia Retirement Systems ET AL purchased a new stake in shares of Graham during the first quarter worth approximately $1,084,000. Institutional investors own 98.25% of the company’s stock.
GHC stock opened at $566.50 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.90 and a current ratio of 2.00. Graham Holdings Co has a fifty-two week low of $536.90 and a fifty-two week high of $625.45. The company has a market cap of $3.05 billion, a P/E ratio of 17.20 and a beta of 0.57.
In other news, Director Donald Graham bought 1,800 shares of the business’s stock in a transaction that occurred on Friday, August 3rd. The shares were purchased at an average cost of $550.21 per share, for a total transaction of $990,378.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Timothy J. O’shaughnessy bought 1,360 shares of the business’s stock in a transaction that occurred on Thursday, August 2nd. The shares were purchased at an average price of $547.48 per share, for a total transaction of $744,572.80. Following the completion of the purchase, the chief executive officer now directly owns 9,842 shares of the company’s stock, valued at approximately $5,388,298.16. The disclosure for this purchase can be found here. 22.50% of the stock is currently owned by corporate insiders.
Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company worldwide. It provides a range of certificate, diploma, and degree programs, as well as online education services; and test preparation business services in pre-college, graduate, health, and bar review, as well as publishes and sells test preparation and other books through retail channels.
Featured Story: Short Selling Stocks and Day Traders
Want to see what other hedge funds are holding GHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Graham Holdings Co (NYSE:GHC).
Receive News & Ratings for Graham Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graham and related companies with MarketBeat.com's FREE daily email newsletter.