Graham Holdings Co (GHC) Shares Bought by Cornerstone Capital Management Holdings LLC.

Cornerstone Capital Management Holdings LLC. increased its position in shares of Graham Holdings Co (NYSE:GHC) by 13.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,427 shares of the company’s stock after purchasing an additional 1,659 shares during the period. Cornerstone Capital Management Holdings LLC. owned about 0.26% of Graham worth $8,440,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Arizona State Retirement System increased its position in shares of Graham by 5.3% during the second quarter. Arizona State Retirement System now owns 2,000 shares of the company’s stock valued at $1,199,000 after purchasing an additional 100 shares during the period. SG Americas Securities LLC increased its position in shares of Graham by 147.8% during the second quarter. SG Americas Securities LLC now owns 2,515 shares of the company’s stock valued at $1,508,000 after purchasing an additional 1,500 shares during the period. Shell Asset Management Co. bought a new stake in shares of Graham during the third quarter valued at approximately $1,153,000. Sei Investments Co. grew its position in Graham by 1.5% in the third quarter. Sei Investments Co. now owns 30,137 shares of the company’s stock valued at $17,634,000 after acquiring an additional 440 shares during the period. Finally, TIAA CREF Investment Management LLC grew its position in Graham by 3.2% in the second quarter. TIAA CREF Investment Management LLC now owns 7,064 shares of the company’s stock valued at $4,236,000 after acquiring an additional 216 shares during the period. Institutional investors and hedge funds own 69.00% of the company’s stock.

Shares of Graham Holdings Co (NYSE:GHC) traded up $3.75 during trading hours on Wednesday, reaching $569.35. The company’s stock had a trading volume of 12,000 shares, compared to its average volume of 19,021. Graham Holdings Co has a 52-week low of $502.25 and a 52-week high of $615.85. The company has a market capitalization of $3,128.33, a PE ratio of 23.05 and a beta of 0.75. The company has a quick ratio of 1.91, a current ratio of 1.99 and a debt-to-equity ratio of 0.19.

Graham announced that its Board of Directors has authorized a share repurchase plan on Thursday, November 9th that authorizes the company to repurchase 500,000 outstanding shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

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About Graham

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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Institutional Ownership by Quarter for Graham (NYSE:GHC)

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