Wall Street brokerages expect that Greenhill & Co., Inc. (NYSE:GHL) will report $0.26 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Greenhill & Co.’s earnings, with estimates ranging from $0.18 to $0.33. Greenhill & Co. posted earnings of $0.14 per share in the same quarter last year, which would indicate a positive year over year growth rate of 85.7%. The business is scheduled to announce its next earnings results after the market closes on Thursday, April 27th.

According to Zacks, analysts expect that Greenhill & Co. will report full year earnings of $1.72 per share for the current year, with EPS estimates ranging from $1.58 to $1.85. For the next financial year, analysts expect that the firm will post earnings of $1.69 per share. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that follow Greenhill & Co..

Greenhill & Co. (NYSE:GHL) last posted its earnings results on Thursday, January 26th. The financial services provider reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.10. Greenhill & Co. had a return on equity of 21.89% and a net margin of 18.11%. The business earned $101.60 million during the quarter, compared to analysts’ expectations of $98.38 million. During the same period in the prior year, the business earned $0.25 EPS. Greenhill & Co.’s revenue for the quarter was up 34.2% compared to the same quarter last year.

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Several equities research analysts recently issued reports on GHL shares. Zacks Investment Research downgraded Greenhill & Co. from a “buy” rating to a “hold” rating in a report on Wednesday. Instinet downgraded Greenhill & Co. from a “neutral” rating to a “reduce” rating and set a $22.00 price target for the company. in a report on Friday, January 6th. Goldman Sachs Group Inc downgraded Greenhill & Co. from a “neutral” rating to a “sell” rating and set a $25.00 price target for the company. in a report on Tuesday, January 10th. Nomura downgraded Greenhill & Co. from a “neutral” rating to a “reduce” rating in a report on Thursday, January 5th. Finally, TheStreet raised Greenhill & Co. from a “c+” rating to a “b-” rating in a research report on Thursday, March 30th. Five research analysts have rated the stock with a sell rating and one has issued a hold rating to the company. The company presently has a consensus rating of “Sell” and a consensus target price of $23.50.

Shares of Greenhill & Co. (NYSE:GHL) opened at 27.25 on Thursday. Greenhill & Co. has a 1-year low of $15.62 and a 1-year high of $32.45. The company’s 50-day moving average price is $28.60 and its 200-day moving average price is $27.38. The company has a market capitalization of $805.89 million, a PE ratio of 14.42 and a beta of 1.32.

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 22nd. Stockholders of record on Wednesday, March 8th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, March 6th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.61%. Greenhill & Co.’s dividend payout ratio is presently 94.24%.

In other news, President David Wyles sold 52,952 shares of the company’s stock in a transaction on Wednesday, February 1st. The stock was sold at an average price of $29.46, for a total transaction of $1,559,965.92. Following the transaction, the president now owns 29,087 shares of the company’s stock, valued at approximately $856,903.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 8.00% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Municipal Employees Retirement System of Michigan boosted its position in shares of Greenhill & Co. by 1.7% in the third quarter. Municipal Employees Retirement System of Michigan now owns 6,160 shares of the financial services provider’s stock worth $145,000 after buying an additional 100 shares in the last quarter. People s United Financial Inc. boosted its position in shares of Greenhill & Co. by 1.2% in the third quarter. People s United Financial Inc. now owns 10,612 shares of the financial services provider’s stock worth $250,000 after buying an additional 124 shares in the last quarter. Louisiana State Employees Retirement System boosted its position in shares of Greenhill & Co. by 2.8% in the first quarter. Louisiana State Employees Retirement System now owns 11,200 shares of the financial services provider’s stock worth $328,000 after buying an additional 300 shares in the last quarter. Comerica Bank boosted its position in shares of Greenhill & Co. by 2.1% in the fourth quarter. Comerica Bank now owns 29,167 shares of the financial services provider’s stock worth $802,000 after buying an additional 586 shares in the last quarter. Finally, Shufro Rose & Co. LLC boosted its position in shares of Greenhill & Co. by 0.5% in the third quarter. Shufro Rose & Co. LLC now owns 187,800 shares of the financial services provider’s stock worth $4,426,000 after buying an additional 1,000 shares in the last quarter. 93.43% of the stock is currently owned by hedge funds and other institutional investors.

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Greenhill & Co. Company Profile

Greenhill & Co, Inc is an investment bank. The Company provides financial and strategic advice on domestic and cross-border mergers and acquisitions, divestitures, restructurings, financings, capital raising and other transactions to a diverse client base, including corporations, partnerships, institutions and governments globally.

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