Greenhill & Co., Inc. (NYSE:GHL)‘s stock had its “hold” rating reiterated by equities researchers at Sandler O’Neill in a note issued to investors on Tuesday. They currently have a $19.50 price objective on the financial services provider’s stock. Sandler O’Neill’s price objective would indicate a potential downside of 2.01% from the company’s current price.
Other research analysts have also issued research reports about the company. Zacks Investment Research lowered Greenhill & Co., Inc. from a “buy” rating to a “hold” rating in a report on Thursday, February 8th. ValuEngine raised Greenhill & Co., Inc. from a “sell” rating to a “hold” rating in a report on Friday, December 29th. Nomura lowered their price objective on Greenhill & Co., Inc. from $14.00 to $13.00 and set a “reduce” rating on the stock in a report on Wednesday, January 3rd. Keefe, Bruyette & Woods reissued a “hold” rating and set a $17.00 price objective on shares of Greenhill & Co., Inc. in a report on Thursday, October 19th. Finally, Bank of America lowered their price objective on Greenhill & Co., Inc. from $13.00 to $12.00 and set an “underperform” rating on the stock in a report on Thursday, October 19th. Three research analysts have rated the stock with a sell rating and five have issued a hold rating to the company. The stock currently has an average rating of “Hold” and an average price target of $15.64.
Shares of Greenhill & Co., Inc. (NYSE GHL) traded up $1.30 during midday trading on Tuesday, hitting $19.90. The stock had a trading volume of 1,277,487 shares, compared to its average volume of 577,276. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.83 and a current ratio of 3.83. The firm has a market cap of $488.50, a price-to-earnings ratio of -23.14 and a beta of 1.15. Greenhill & Co., Inc. has a fifty-two week low of $13.80 and a fifty-two week high of $31.35.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mint Tower Capital Management B.V. acquired a new stake in Greenhill & Co., Inc. in the 3rd quarter valued at approximately $166,000. Acadian Asset Management LLC acquired a new stake in Greenhill & Co., Inc. in the 4th quarter valued at approximately $204,000. Sheaff Brock Investment Advisors LLC acquired a new stake in Greenhill & Co., Inc. in the 3rd quarter valued at approximately $183,000. Hotchkis & Wiley Capital Management LLC acquired a new stake in Greenhill & Co., Inc. in the 3rd quarter valued at approximately $185,000. Finally, Teachers Retirement System of The State of Kentucky grew its holdings in Greenhill & Co., Inc. by 62.2% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 13,300 shares of the financial services provider’s stock valued at $221,000 after buying an additional 5,100 shares during the last quarter. 96.88% of the stock is currently owned by hedge funds and other institutional investors.
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Greenhill & Co., Inc. 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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