Greenhill & Co., Inc. (NYSE:GHL) had its price target cut by Buckingham Research from $29.00 to $18.00 in a report published on Thursday, BenzingaRatingsTable reports. They currently have a neutral rating on the financial services provider’s stock.

A number of other research firms also recently commented on GHL. Zacks Investment Research downgraded shares of W. R. Grace & Co from a buy rating to a hold rating in a research report on Wednesday, May 1st. UBS Group set a €45.00 ($52.33) price target on shares of Fuchs Petrolub and gave the stock a buy rating in a research report on Thursday, March 21st. ValuEngine upgraded shares of Vermillion from a hold rating to a buy rating in a research report on Wednesday, May 15th. TheStreet downgraded shares of Weibo from a b- rating to a c+ rating in a research report on Friday, May 31st. Finally, Keefe, Bruyette & Woods downgraded shares of Greenhill & Co., Inc. from a market perform rating to an underperform rating and dropped their price target for the stock from $23.50 to $23.00 in a research report on Tuesday, April 30th. Four analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The company presently has a consensus rating of Hold and an average target price of $22.71.

GHL stock opened at $14.38 on Thursday. Greenhill & Co., Inc. has a 52 week low of $13.00 and a 52 week high of $33.45. The company has a market cap of $302.83 million, a P/E ratio of 18.20 and a beta of 0.85. The stock’s 50-day moving average is $14.69. The company has a debt-to-equity ratio of 11.46, a current ratio of 3.67 and a quick ratio of 3.67.

Greenhill & Co., Inc. (NYSE:GHL) last released its quarterly earnings results on Monday, April 29th. The financial services provider reported ($0.58) EPS for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.34). Greenhill & Co., Inc. had a return on equity of 32.81% and a net margin of 5.53%. The company had revenue of $51.20 million for the quarter, compared to the consensus estimate of $57.43 million. During the same quarter last year, the firm posted $0.21 earnings per share. The firm’s quarterly revenue was down 41.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Greenhill & Co., Inc. will post 0.82 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 19th. Stockholders of record on Wednesday, June 5th were paid a $0.05 dividend. The ex-dividend date of this dividend was Tuesday, June 4th. This represents a $0.20 annualized dividend and a dividend yield of 1.39%. Greenhill & Co., Inc.’s dividend payout ratio is currently 12.42%.

Institutional investors and hedge funds have recently made changes to their positions in the company. BNP Paribas Arbitrage SA grew its stake in shares of Greenhill & Co., Inc. by 38.7% in the 1st quarter. BNP Paribas Arbitrage SA now owns 6,641 shares of the financial services provider’s stock worth $143,000 after purchasing an additional 1,853 shares during the last quarter. New York State Common Retirement Fund grew its stake in shares of Greenhill & Co., Inc. by 68.4% in the 4th quarter. New York State Common Retirement Fund now owns 42,448 shares of the financial services provider’s stock worth $1,036,000 after purchasing an additional 17,248 shares during the last quarter. Deutsche Bank AG grew its stake in shares of Greenhill & Co., Inc. by 36.7% in the 4th quarter. Deutsche Bank AG now owns 98,126 shares of the financial services provider’s stock worth $2,392,000 after purchasing an additional 26,333 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Greenhill & Co., Inc. by 28.5% in the 4th quarter. Bank of America Corp DE now owns 35,868 shares of the financial services provider’s stock worth $875,000 after purchasing an additional 7,957 shares during the last quarter. Finally, Squarepoint Ops LLC acquired a new position in shares of Greenhill & Co., Inc. in the 4th quarter worth approximately $321,000. 84.00% of the stock is currently owned by institutional investors.

Greenhill & Co., Inc. Company Profile

Greenhill & Co, Inc, an independent investment bank, provides financial and strategic advisory services to corporations, partnerships, institutions, and governments worldwide. The company offers advisory services to clients in relation to mergers, acquisitions, divestitures, spin-offs, and other strategic transactions, as well as various stages of a transaction's life cycle ranging from initial structuring and negotiation to final execution.

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Analyst Recommendations for Greenhill & Co., Inc. (NYSE:GHL)

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