Allianz Asset Management AG raised its stake in shares of Graham Holdings Co (NYSE:GHC) by 11.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 809 shares of the company’s stock after buying an additional 85 shares during the period. Allianz Asset Management AG’s holdings in Graham Holdings were worth $415,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Orinda Asset Management LLC acquired a new position in Graham Holdings during the third quarter valued at about $125,000. LS Investment Advisors LLC boosted its stake in Graham Holdings by 16.0% in the third quarter. LS Investment Advisors LLC now owns 305 shares of the company’s stock valued at $147,000 after buying an additional 42 shares during the period. Pacer Advisors Inc. boosted its stake in Graham Holdings by 7.7% in the third quarter. Pacer Advisors Inc. now owns 336 shares of the company’s stock valued at $162,000 after buying an additional 24 shares during the period. Credit Agricole S A purchased a new stake in Graham Holdings during the fourth quarter valued at $182,000. Finally, Two Sigma Securities LLC bought a new stake in Graham Holdings during the third quarter worth approximately $235,000. 68.79% of the stock is owned by hedge funds and other institutional investors.
Graham Holdings Co (NYSE:GHC) traded down 0.11% during midday trading on Friday, reaching $604.30. 11,435 shares of the company’s stock were exchanged. Graham Holdings Co has a 12-month low of $440.55 and a 12-month high of $612.50. The firm has a 50-day moving average price of $586.49 and a 200 day moving average price of $524.72.
TRADEMARK VIOLATION WARNING: “Allianz Asset Management AG Purchases 85 Shares of Graham Holdings Co (GHC)” was posted by Transcript Daily and is owned by of Transcript Daily. If you are reading this news story on another website, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright law. The legal version of this news story can be read at https://transcriptdaily.com/2017/04/22/allianz-asset-management-ag-purchases-85-shares-of-graham-holdings-co-ghc.html.
About Graham Holdings
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.
