Vestcor Inc Acquires Shares of 462 Graham Holdings (NYSE:GHC)

Vestcor Inc bought a new position in Graham Holdings (NYSE:GHC) during the third quarter, HoldingsChannel.com reports. The fund bought 462 shares of the company’s stock, valued at approximately $380,000.

Several other hedge funds have also recently made changes to their positions in the business. Barclays PLC increased its stake in Graham by 32.4% during the third quarter. Barclays PLC now owns 13,601 shares of the company’s stock worth $11,176,000 after acquiring an additional 3,327 shares during the last quarter. MML Investors Services LLC bought a new position in shares of Graham during the 3rd quarter valued at approximately $203,000. XTX Topco Ltd purchased a new stake in Graham during the 3rd quarter valued at $583,000. Quadrature Capital Ltd purchased a new position in Graham during the third quarter worth $1,036,000. Finally, BNP Paribas Financial Markets increased its position in Graham by 37.0% during the third quarter. BNP Paribas Financial Markets now owns 899 shares of the company’s stock valued at $739,000 after acquiring an additional 243 shares during the last quarter. 93.16% of the stock is currently owned by hedge funds and other institutional investors.

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 Trading Down 2.3 %

Shares of NYSE GHC opened at $900.70 on Friday. Graham Holdings has a fifty-two week low of $657.96 and a fifty-two week high of $974.00. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.57. The company has a market cap of $3.90 billion, a price-to-earnings ratio of 17.64 and a beta of 1.13. The business’s 50 day moving average price is $881.36 and its 200-day moving average price is $795.84.

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.