Greenhill & Co., Inc. (NYSE:GHL) Receives $20.00 Consensus PT from Analysts

Share on StockTwits

Shares of Greenhill & Co., Inc. (NYSE:GHL) have earned a consensus rating of “Hold” from the seven ratings firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $20.00.

A number of analysts have recently issued reports on the stock. Buckingham Research cut their price target on shares of Greenhill & Co., Inc. from $18.00 to $15.00 and set a “neutral” rating for the company in a report on Wednesday, October 9th. ValuEngine upgraded shares of Greenhill & Co., Inc. from a “hold” rating to a “buy” rating in a report on Friday. Finally, Zacks Investment Research downgraded shares of Greenhill & Co., Inc. from a “buy” rating to a “hold” rating in a report on Friday, July 19th.

In related news, CEO Scott L. Bok bought 36,761 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The stock was purchased at an average price of $13.71 per share, for a total transaction of $503,993.31. Following the acquisition, the chief executive officer now owns 16,791 shares of the company’s stock, valued at $230,204.61. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 20.80% of the stock is currently owned by company insiders.

A number of institutional investors have recently bought and sold shares of GHL. Foundry Partners LLC increased its holdings in Greenhill & Co., Inc. by 20.0% in the 2nd quarter. Foundry Partners LLC now owns 291,245 shares of the financial services provider’s stock valued at $3,958,000 after purchasing an additional 48,625 shares during the last quarter. Systematic Financial Management LP acquired a new stake in Greenhill & Co., Inc. in the 2nd quarter valued at approximately $731,000. KBC Group NV boosted its position in Greenhill & Co., Inc. by 10.2% in the 2nd quarter. KBC Group NV now owns 76,628 shares of the financial services provider’s stock valued at $1,041,000 after buying an additional 7,065 shares during the period. Capital Management Corp VA boosted its position in Greenhill & Co., Inc. by 74.5% in the 2nd quarter. Capital Management Corp VA now owns 1,217,104 shares of the financial services provider’s stock valued at $16,540,000 after buying an additional 519,541 shares during the period. Finally, Wedge Capital Management L L P NC purchased a new position in Greenhill & Co., Inc. in the 2nd quarter valued at approximately $143,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Shares of NYSE GHL traded down $0.10 during midday trading on Monday, reaching $17.39. 180,863 shares of the stock were exchanged, compared to its average volume of 327,221. The company has a 50 day simple moving average of $15.34 and a 200 day simple moving average of $15.28. The company has a quick ratio of 4.39, a current ratio of 4.39 and a debt-to-equity ratio of 13.69. Greenhill & Co., Inc. has a twelve month low of $12.25 and a twelve month high of $31.08.

Greenhill & Co., Inc. (NYSE:GHL) last announced its quarterly earnings results on Tuesday, November 5th. The financial services provider reported $0.63 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.11. The business had revenue of $87.04 million during the quarter, compared to the consensus estimate of $89.22 million. Greenhill & Co., Inc. had a negative net margin of 0.72% and a negative return on equity of 0.91%. The business’s revenue was up .3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.43 EPS.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Wednesday, December 4th will be issued a $0.05 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $0.20 annualized dividend and a yield of 1.15%.

About Greenhill & Co., Inc.

Greenhill & Co, Inc, an independent investment bank, provides financial and strategic advisory services to corporations, partnerships, institutions, and governments worldwide. The company offers advisory services to clients in relation to mergers, acquisitions, divestitures, spin-offs, and other strategic transactions, as well as various stages of a transaction's life cycle ranging from initial structuring and negotiation to final execution.

See Also: Terms to Better Understand Call Options

Receive News & Ratings for Greenhill & Co. Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greenhill & Co. Inc. and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

DAEX 1-Day Trading Volume Reaches $264,066.00
DAEX 1-Day Trading Volume Reaches $264,066.00
AMLT   Trading 5.3% Lower  This Week
AMLT Trading 5.3% Lower This Week
CROAT Trading 2.7% Higher  This Week
CROAT Trading 2.7% Higher This Week
Italian Lira 1-Day Trading Volume Reaches $6.00
Italian Lira 1-Day Trading Volume Reaches $6.00
Brokerages Anticipate Brigham Minerals Inc  to Post $0.22 Earnings Per Share
Brokerages Anticipate Brigham Minerals Inc to Post $0.22 Earnings Per Share
DWS Group & GmbH Co KgaA’s  “Sell” Rating Reiterated at DZ Bank
DWS Group & GmbH Co KgaA’s “Sell” Rating Reiterated at DZ Bank


© 2006-2019 Ticker Report