AMI Investment Management Inc. Trims Stock Position in Graham Holdings (NYSE:GHC)

AMI Investment Management Inc. lessened its holdings in shares of Graham Holdings (NYSE:GHC) by 5.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,230 shares of the company’s stock after selling 259 shares during the period. AMI Investment Management Inc. owned approximately 0.10% of Graham worth $2,959,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GHC. Cerity Partners LLC purchased a new position in Graham in the fourth quarter valued at $261,000. Louisiana State Employees Retirement System purchased a new position in Graham in the fourth quarter valued at $697,000. Signaturefd LLC increased its holdings in Graham by 26.2% in the fourth quarter. Signaturefd LLC now owns 260 shares of the company’s stock valued at $181,000 after buying an additional 54 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Graham by 1.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 55,621 shares of the company’s stock valued at $38,741,000 after buying an additional 867 shares in the last quarter. Finally, Palisade Asset Management LLC purchased a new position in Graham in the fourth quarter valued at $231,000. Hedge funds and other institutional investors own 62.54% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Graham from a “hold” rating to a “buy” rating in a research note on Friday, August 9th.

Insider Transactions at Graham

In other Graham news, Director Anne M. Mulcahy purchased 135 shares of the stock in a transaction that occurred on Tuesday, May 28th. The shares were purchased at an average cost of $745.07 per share, for a total transaction of $100,584.45. Following the completion of the transaction, the director now owns 662 shares of the company’s stock, valued at approximately $493,236.34. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 20.50% of the company’s stock.

Graham Price Performance

Shares of GHC stock traded up $34.71 on Friday, reaching $789.94. 12,632 shares of the company were exchanged, compared to its average volume of 14,593. The company has a market cap of $3.48 billion, a price-to-earnings ratio of 13.10 and a beta of 1.12. The business has a 50-day moving average price of $736.84 and a 200 day moving average price of $732.64. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.61. Graham Holdings has a 1 year low of $563.39 and a 1 year high of $822.18.

Graham (NYSE:GHC) last released its earnings results on Wednesday, July 31st. The company reported $12.70 EPS for the quarter. Graham had a net margin of 2.89% and a return on equity of 5.22%.

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.