Greenhill & Co., Inc. (NYSE:GHL) Receives Consensus Recommendation of “Hold” from Analysts

Greenhill & Co., Inc. (NYSE:GHLGet Rating) has earned a consensus rating of “Hold” from the six research firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $10.75.

A number of research analysts recently commented on the stock. StockNews.com assumed coverage on shares of Greenhill & Co., Inc. in a research note on Wednesday, October 12th. They set a “hold” rating on the stock. The Goldman Sachs Group lowered their price objective on shares of Greenhill & Co., Inc. from $7.00 to $6.00 and set a “sell” rating on the stock in a research note on Friday, October 7th. Finally, Keefe, Bruyette & Woods raised their target price on shares of Greenhill & Co., Inc. from $6.50 to $7.00 and gave the stock a “market perform” rating in a report on Tuesday, January 3rd.

Insider Buying and Selling

In other news, CEO Scott L. Bok acquired 24,850 shares of the firm’s stock in a transaction that occurred on Thursday, November 17th. The stock was purchased at an average price of $10.05 per share, with a total value of $249,742.50. Following the purchase, the chief executive officer now owns 1,655,388 shares of the company’s stock, valued at approximately $16,636,649.40. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 28.10% of the company’s stock.

Hedge Funds Weigh In On Greenhill & Co., Inc.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Teachers Retirement System of The State of Kentucky acquired a new position in Greenhill & Co., Inc. in the 3rd quarter worth approximately $33,000. Quantbot Technologies LP purchased a new stake in Greenhill & Co., Inc. in the 1st quarter worth approximately $40,000. Trexquant Investment LP purchased a new stake in Greenhill & Co., Inc. in the 3rd quarter worth approximately $62,000. Raymond James Financial Services Advisors Inc. purchased a new stake in Greenhill & Co., Inc. in the 3rd quarter worth approximately $63,000. Finally, Kestra Advisory Services LLC purchased a new stake in Greenhill & Co., Inc. in the 3rd quarter worth approximately $72,000. Institutional investors and hedge funds own 74.14% of the company’s stock.

Greenhill & Co., Inc. Price Performance

NYSE GHL opened at $12.67 on Wednesday. Greenhill & Co., Inc. has a 12 month low of $5.64 and a 12 month high of $20.09. The company has a debt-to-equity ratio of 4.63, a current ratio of 2.50 and a quick ratio of 2.50. The firm has a market capitalization of $225.34 million, a PE ratio of 66.68 and a beta of 1.07. The company’s 50 day simple moving average is $10.69 and its 200 day simple moving average is $8.74.

Greenhill & Co., Inc. (NYSE:GHLGet Rating) last posted its quarterly earnings data on Wednesday, November 2nd. The financial services provider reported $0.67 EPS for the quarter. Greenhill & Co., Inc. had a net margin of 4.40% and a return on equity of 16.76%. The business had revenue of $81.15 million for the quarter.

Greenhill & Co., Inc. Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 21st. Investors of record on Wednesday, December 7th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 3.16%. The ex-dividend date was Tuesday, December 6th. Greenhill & Co., Inc.’s dividend payout ratio is 210.53%.

About Greenhill & Co., Inc.

(Get Rating)

Greenhill & Co, Inc is an independent investment bank, which engages in the provision of financial and strategic advice. It specializes in mergers and acquisitions, divestitures, restructurings, financings, and capital raising. The company was founded by Robert F. Greenhill in 1996 and is headquartered in New York, NY.

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