Graham Holdings (NYSE:GHC) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC lessened its position in Graham Holdings (NYSE:GHC) by 28.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 311 shares of the company’s stock after selling 121 shares during the quarter. HighTower Advisors LLC’s holdings in Graham were worth $258,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of GHC. BNP Paribas Financial Markets lifted its holdings in shares of Graham by 37.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 899 shares of the company’s stock valued at $739,000 after buying an additional 243 shares during the last quarter. FMR LLC boosted its position in shares of Graham by 358.3% in the third quarter. FMR LLC now owns 4,766 shares of the company’s stock valued at $3,916,000 after acquiring an additional 3,726 shares during the period. Daiwa Securities Group Inc. grew 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 last quarter. Cerity Partners LLC increased its stake in Graham by 9.0% during the third quarter. Cerity Partners LLC now owns 631 shares of the company’s stock valued at $519,000 after acquiring an additional 52 shares during the period. Finally, Intech Investment Management LLC bought a new stake in shares of Graham during the third quarter valued at approximately $453,000. Institutional investors and hedge funds own 93.16% of the company’s stock.

Graham Stock Performance

NYSE GHC opened at $886.18 on Wednesday. Graham Holdings has a twelve month low of $663.47 and a twelve month high of $974.00. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18. The stock has a market cap of $3.84 billion, a P/E ratio of 17.35 and a beta of 1.13. The company’s 50-day simple moving average is $890.79 and its 200 day simple moving average is $802.73.

Analyst Upgrades and Downgrades

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

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.