5 Best Education Stocks To Buy In 2023

3. Graham Holdings Company (NYSE:GHC)

Number of Hedge Fund Holders: 29

Graham Holdings Company (NYSE:GHC) is a diversified education and media corporation that offers various services through its subsidiaries. These services include test preparation, professional training and exam preparation, non-academic support for Purdue University Global, online course and program support, financial and accounting training and test preparation, English-language training and proficiency exam preparation, A-level examination preparation, and operation of colleges, a business school, a higher education institution, and an online learning institution. Graham Holdings Company (NYSE:GHC) is one of the top education stocks to invest in. 

On February 23, Graham Holdings (NYSE:GHC) declared a $1.65 per share quarterly dividend, in line with previous. The dividend is payable on May 11, to shareholders of record on April 20. Additionally, the company’s Q4 revenue of $1.06 billion climbed 22.8% year-over-year, beating Wall Street estimates by $10 million.

According to Insider Monkey’s fourth quarter database, 29 hedge funds were bullish on Graham Holdings Company (NYSE:GHC), compared to 23 funds in the prior quarter. Madison Avenue Partners is the biggest stakeholder of the company, with 200,384 shares worth $121 million. 

Here is what Heartland Mid Cap Value Fund has to say about Graham Holdings Company (NYSE:GHC) in its Q4 2022 investor letter:

“Volatility in the fourth quarter allowed us to add what we consider a best-in-class holding in communications. Graham Holdings Company (NYSE:GHC) spun Cable One, Inc.  (NYSE:CABO) out in 2015, and investors became attracted to management’s strategy to exit pay TV, which has been in secular decline amid the streaming boom, in favor of more-profitable broadband.”