ING Groep NV acquired a new stake in Graham Holdings Company (NYSE:GHC) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 566 shares of the company’s stock, valued at approximately $339,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. boosted its position in Graham Holdings by 11,394.4% in the first quarter. BlackRock Inc. now owns 365,638 shares of the company’s stock valued at $219,217,000 after buying an additional 362,457 shares during the period. Dimensional Fund Advisors LP boosted its position in Graham Holdings by 16.5% in the first quarter. Dimensional Fund Advisors LP now owns 195,006 shares of the company’s stock valued at $116,913,000 after buying an additional 27,607 shares during the period. Vanguard Group Inc. boosted its position in Graham Holdings by 8.2% in the first quarter. Vanguard Group Inc. now owns 360,123 shares of the company’s stock valued at $215,912,000 after buying an additional 27,421 shares during the period. Denver Investment Advisors LLC bought a new position in Graham Holdings during the first quarter valued at $12,695,000. Finally, First Trust Advisors LP boosted its position in Graham Holdings by 874.1% in the first quarter. First Trust Advisors LP now owns 19,044 shares of the company’s stock valued at $11,418,000 after buying an additional 17,089 shares during the period. Institutional investors own 74.70% of the company’s stock.
Shares of Graham Holdings Company (NYSE:GHC) traded up 0.37% on Friday, reaching $574.70. 35,710 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $593.19 and a 200 day moving average price of $583.86. Graham Holdings Company has a one year low of $440.55 and a one year high of $615.85.
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A number of research analysts have commented on the stock. BidaskClub cut shares of Graham Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. TheStreet cut shares of Graham Holdings from a “b-” rating to a “c+” rating in a research report on Wednesday, August 2nd.
Graham Holdings Company Profile
Graham Holdings Company, formerly The Washington Post Company, is a diversified education and media company whose principal operations include educational services, television broadcasting, cable television systems, and online, print and local TV news. The Company owns Kaplan, a provider of educational services to individuals, schools and businesses, serving over one million students annually with operations in more than 30 countries.
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