Shares of Greenhill & Co., Inc. (NYSE:GHL) have received a consensus rating of “Hold” from the seven brokerages that are currently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $23.00.

Several equities research analysts have commented on GHL shares. ValuEngine lowered shares of Greenhill & Co., Inc. from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 28th. Zacks Investment Research raised shares of Greenhill & Co., Inc. from a “hold” rating to a “buy” rating and set a $32.00 price target on the stock in a report on Thursday, July 5th. Sandler O’Neill set a $32.00 price target on shares of Greenhill & Co., Inc. and gave the company a “hold” rating in a report on Friday, July 13th. Keefe, Bruyette & Woods reaffirmed a “sell” rating and issued a $26.00 price target on shares of Greenhill & Co., Inc. in a report on Friday, August 3rd. Finally, Bank of America upped their price target 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.

Shares of GHL traded down $0.50 during trading hours on Wednesday, reaching $26.55. 231,749 shares of the company traded hands, compared to its average volume of 478,086. Greenhill & Co., Inc. has a 12-month low of $14.05 and a 12-month high of $33.45. The company has a debt-to-equity ratio of 3.40, a current ratio of 3.61 and a quick ratio of 3.61. The firm has a market capitalization of $610.40 million, a PE ratio of -94.64 and a beta of 1.05.

Greenhill & Co., Inc. (NYSE:GHL) last posted its quarterly earnings results on Thursday, August 2nd. The financial services provider reported $0.38 EPS for the quarter, beating the consensus estimate of $0.33 by $0.05. Greenhill & Co., Inc. had a negative net margin of 5.25% and a positive return on equity of 3.15%. The company had revenue of $88.50 million for the quarter, compared to analyst estimates of $79.93 million. During the same period in the prior year, the company earned $0.20 earnings per share. The firm’s revenue was up 31.6% on a year-over-year basis. research analysts anticipate that Greenhill & Co., Inc. will post 1.26 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 19th. Shareholders of record on Wednesday, September 5th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.75%. The ex-dividend date is Tuesday, September 4th. Greenhill & Co., Inc.’s payout ratio is -71.43%.

In other Greenhill & Co., Inc. news, President Kevin M. Costantino sold 8,175 shares of the company’s stock in a transaction dated 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 filing with the Securities & Exchange Commission, which is available at the SEC website. 15.60% of the stock is currently owned by corporate insiders.

Several institutional investors have recently modified their holdings of GHL. SG Americas Securities LLC acquired a new position in shares of Greenhill & Co., Inc. in the second quarter worth about $144,000. Piedmont Investment Advisors LLC acquired a new position in shares of Greenhill & Co., Inc. in the second quarter worth about $145,000. First Mercantile Trust Co. raised its position in shares of Greenhill & Co., Inc. by 94.6% in the first quarter. First Mercantile Trust Co. now owns 10,573 shares of the financial services provider’s stock worth $196,000 after acquiring an additional 5,139 shares during the period. TD Asset Management Inc. acquired a new position in shares of Greenhill & Co., Inc. in the second quarter worth about $206,000. Finally, Campbell & CO Investment Adviser LLC acquired a new position in shares of Greenhill & Co., Inc. in the second quarter worth about $213,000. Institutional investors and hedge funds own 99.55% of the company’s stock.

Greenhill & Co., Inc. Company Profile

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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