Brandywine Global Investment Management LLC decreased its position in shares of Greenhill & Co., Inc. (NYSE:GHL) by 13.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 576,466 shares of the financial services provider’s stock after selling 88,035 shares during the quarter. Brandywine Global Investment Management LLC owned approximately 2.20% of Greenhill & Co., Inc. worth $11,242,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of GHL. Mint Tower Capital Management B.V. acquired a new position in Greenhill & Co., Inc. during the 3rd quarter worth $166,000. Sheaff Brock Investment Advisors LLC acquired a new position in shares of Greenhill & Co., Inc. in the 3rd quarter valued at $183,000. Hotchkis & Wiley Capital Management LLC acquired a new position in shares of Greenhill & Co., Inc. in the 3rd quarter valued at $185,000. Acadian Asset Management LLC acquired a new position in shares of Greenhill & Co., Inc. in the 4th quarter valued at $204,000. Finally, Teachers Retirement System of The State of Kentucky lifted its stake in shares of 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 purchasing an additional 5,100 shares during the period. 98.89% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Greenhill & Co., Inc. (GHL) opened at $20.35 on Wednesday. The company has a debt-to-equity ratio of 1.69, a current ratio of 7.18 and a quick ratio of 7.18. Greenhill & Co., Inc. has a 1 year low of $13.80 and a 1 year high of $31.35. The company has a market cap of $559.71, a price-to-earnings ratio of -23.94 and a beta of 0.98.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 21st. Investors of record on Wednesday, March 7th will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date of this dividend is Tuesday, March 6th. Greenhill & Co., Inc.’s dividend payout ratio is currently -23.53%.
A number of research firms have recently weighed in on GHL. ValuEngine downgraded Greenhill & Co., Inc. from a “sell” rating to a “strong sell” rating in a research note on Thursday, March 1st. Nomura cut their price target on Greenhill & Co., Inc. from $14.00 to $13.00 and set a “reduce” rating on the stock in a research note on Wednesday, January 3rd. Zacks Investment Research raised Greenhill & Co., Inc. from a “hold” rating to a “buy” rating and set a $22.00 price target on the stock in a research note on Friday, December 22nd. Finally, Sandler O’Neill reissued a “hold” rating and issued a $19.50 price target on shares of Greenhill & Co., Inc. in a research note on Tuesday, February 13th. Five research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. The company has an average rating of “Sell” and an average target price of $15.64.
Greenhill & Co., Inc. 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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