Greenhill & Co., Inc. (NYSE:GHL) has received a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $21.00.

GHL has been the subject of several recent research reports. Zacks Investment Research raised shares of Greenhill & Co., Inc. from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a report on Wednesday, April 25th. ValuEngine raised shares of Greenhill & Co., Inc. from a “sell” rating to a “hold” rating in a report on Wednesday, May 2nd. Sandler O’Neill set a $32.00 target price on shares of Greenhill & Co., Inc. and gave the company a “hold” rating in a report on Friday, July 13th. Bank of America lifted their target price on shares of Greenhill & Co., Inc. from $15.00 to $17.00 and gave the company an “underperform” rating in a report on Monday, July 16th. Finally, Keefe, Bruyette & Woods lowered shares of Greenhill & Co., Inc. from a “market perform” rating to an “underperform” rating and lifted their target price for the company from $22.00 to $25.00 in a report on Wednesday, June 6th.

NYSE:GHL opened at $30.25 on Friday. The company has a quick ratio of 3.61, a current ratio of 3.61 and a debt-to-equity ratio of 3.40. The company has a market cap of $724.35 million, a PE ratio of -108.04 and a beta of 1.14. Greenhill & Co., Inc. has a 1-year low of $13.80 and a 1-year high of $33.45.

Greenhill & Co., Inc. (NYSE:GHL) last posted its earnings results on Thursday, August 2nd. The financial services provider reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.05. The firm had revenue of $88.50 million during the quarter, compared to analyst estimates of $79.93 million. Greenhill & Co., Inc. had a negative net margin of 5.25% and a positive return on equity of 3.15%. The business’s quarterly revenue was up 31.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.20 EPS. analysts expect that Greenhill & Co., Inc. will post 1.23 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 19th. Investors of record on Wednesday, September 5th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.66%. The ex-dividend date is Tuesday, September 4th. Greenhill & Co., Inc.’s payout ratio is presently -71.43%.

In related news, President Kevin M. Costantino sold 8,175 shares of the business’s stock in a transaction on Wednesday, August 8th. The shares were sold at an average price of $32.24, for a total value of $263,562.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 15.60% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Interval Partners LP purchased a new stake in Greenhill & Co., Inc. in the 1st quarter worth $2,405,000. Principal Financial Group Inc. increased its holdings in Greenhill & Co., Inc. by 7.2% in the 1st quarter. Principal Financial Group Inc. now owns 240,361 shares of the financial services provider’s stock worth $4,447,000 after acquiring an additional 16,112 shares in the last quarter. Hancock Holding Co. increased its holdings in Greenhill & Co., Inc. by 79.3% in the 1st quarter. Hancock Holding Co. now owns 68,569 shares of the financial services provider’s stock worth $1,268,000 after acquiring an additional 30,332 shares in the last quarter. Prudential Financial Inc. increased its holdings in Greenhill & Co., Inc. by 6.1% in the 1st quarter. Prudential Financial Inc. now owns 42,991 shares of the financial services provider’s stock worth $795,000 after acquiring an additional 2,460 shares in the last quarter. Finally, Maltese Capital Management LLC purchased a new stake in Greenhill & Co., Inc. in the 1st quarter worth $2,683,000.

About Greenhill & Co., Inc.

Greenhill & Co, Inc, together with its subsidiaries, operates as an independent investment bank for corporations, partnerships, institutions, and governments worldwide. The company provides financial advisory services primarily related to mergers and acquisitions, restructurings, financings, and capital raisings.

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Analyst Recommendations for Greenhill & Co., Inc. (NYSE:GHL)

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