According to Bloomberg, all six research firms that cover Greenhill & Co, INC (NYSE: GHL) have given the company’s stock a unanimous rating of “Hold.” Two research analysts have given the stock a recommendation to buy the stock, two other research analysts have given the stock a recommendation to hold the stock, and one other equities research analyst has given the stock a recommendation to sell.
The stock currently has an average price objective of $10.75 that has been assigned to it by various brokers for the next 12 months.
These brokers have provided updates on the stock within the last twelve months.
When trading started on Thursday, the share price of GHL was $8.94 per share.
The moving average price of the share of stock over the previous fifty days is $12.06, while the moving average price of the share over the previous two hundred days is $9.59.
Each current ratio, the quick ratio, and the debt-to-equity ratio all come in at 2.50, while the respective numbers for each come in at 3.33.
The company’s market capitalization is currently sitting at $163.69 million, the price-to-earnings ratio is -127.71, and the beta value sits at 1.26. Greenhill & Co, INC reached its 52-week high of $16.79 and its 52-week low of $5.64 during the period covered by this report.
Several research analysts have recently made statements providing their perspectives on the company they have been analyzing.
The bullish outlook for Greenhill & Co, INC was signaled by StockNews.com’s decision to upgrade the company’s stock rating from “hold” to “buy” in a report published on March 9th. JMP Securities reaffirmed a “market outperform” rating on Greenhill & Co, INC shares in a research report dated Thursday, February 2nd, and set a price objective of $20.00 for the company’s stock.
The report was published on the company’s website. Keefe, Bruyette & Woods raised their target price on Greenhill & Co, INC from $6.50 to $7.00 and gave the company a rating of “market perform” in a research report published on Tuesday, January 3rd.
This was the third and final change, and it was also the most significant.
In addition, the company has declared a quarterly dividend, which will be paid out on the 22nd of this month. On March 8th, shareholders of record will receive a dividend payment of $0.10, which will be distributed to them.
This results in an annual dividend payment of $0.40 and a yield of 4.47%, expressed as a percentage of the purchase price.
This coming Tuesday, March 7th, marks the date that shareholders will no longer receive dividend payments. Greenhill & Co, INC presently maintains a dividend payout ratio that is equal to or greater than -571.43%.
Due to recent occurrences, institutional investors and hedge funds have either increased or decreased their ownership interests in the company, resulting in both scenarios.
During the third quarter, Capital Management Corp. VA achieved a 32.4% increase in the proportion of Greenhill & Co, INC shares it owned. Following the acquisition of an additional 636,926 shares during the preceding quarter, Capital Management Corp. now owns 2,604,424 shares of the stock held by the financial services provider.
The current market value of these shares is $15,475,000.
Because of this, the total number of shares the company currently possesses is 2,604,424. Vanguard Group INC increased the proportion of Greenhill & Co, INC shares by 1.2% over the year’s first three months. Vanguard Group INC now has 791,225 shares held by the financial services provider after acquiring 9,757 shares during the most recent quarter.
These shares are currently worth a total of $12,239,000 as of right now.
During the third quarter, Rutabaga Capital Management LLC increased its holdings in Greenhill & Co, INC by 13.5%.
After making an additional purchase of 66,200 shares during the relevant period, Rutabaga Capital Management LLC now owns 557,686 shares of the stock held by the financial services provider.
These shares have a value of $3,313,000.
In the last three months of 2018, Fisher Asset Management LLC increased the number of Greenhill & Co, INC shares it owned by 4.0 percent. Fisher Asset Management LLC now has 460,587 shares held by the financial services provider after purchasing 17,621 additional shares.
This brings the total number of shares the company holds to 460,587.
These shares have a value of $4,721,000 collectively.
And finally, during the second quarter of the fiscal year, Millennium Management LLC witnessed a rise of 334.7 percent in the value of the stock it held in Greenhill & Co, INC Millennium Management LLC now holds a total of 452,252 shares of the stock of the financial services provider, which has a value of $4,170,000 after the purchase of an additional 348,214 shares during the period in question.
Institutional investors and hedge funds collectively own 74.14% of the total number of shares in the company, making up the majority of the shareholders.
Advice on financial and strategic matters is offered by Greenhill & Co, INC, an independent investment bank that is privately held.
This kind of company specializes in mergers and acquisitions as well as divestitures, restructurings, financings, and capital raising.
In addition, they may also sell off assets or raise money through financing. Robert F. Greenhill initially founded the business in 1996, and since then, it has made the city of New York, New York, its permanent headquarters.