StockNews.com assumed coverage on shares of Greenhill & Co., Inc. (NYSE:GHL – Get Rating) in a research note issued on Sunday. The firm set a “hold” rating on the financial services provider’s stock.
GHL has been the subject of a number of other reports. The Goldman Sachs Group decreased their price target on Greenhill & Co., Inc. from $9.50 to $8.50 and set a “sell” rating for the company in a research note on Tuesday, April 11th. Keefe, Bruyette & Woods raised Greenhill & Co., Inc. from an “underperform” rating to a “market perform” rating in a research note on Monday, May 22nd. TheStreet lowered Greenhill & Co., Inc. from a “c” rating to a “d+” rating in a research note on Wednesday, May 31st. Finally, JMP Securities lowered Greenhill & Co., Inc. from an “outperform” rating to a “market perform” rating in a research note on Tuesday, May 23rd. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to data from MarketBeat, Greenhill & Co., Inc. currently has an average rating of “Hold” and an average target price of $11.38.
Greenhill & Co., Inc. Stock Performance
Shares of NYSE GHL opened at $14.62 on Friday. The stock has a fifty day moving average price of $10.09 and a two-hundred day moving average price of $10.58. The company has a debt-to-equity ratio of 5.09, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a market cap of $267.84 million, a P/E ratio of -21.50 and a beta of 1.15. Greenhill & Co., Inc. has a 1 year low of $5.64 and a 1 year high of $14.97.
Institutional Trading of Greenhill & Co., Inc.
Several hedge funds and other institutional investors have recently modified their holdings of the business. Teachers Retirement System of The State of Kentucky purchased a new stake in shares of Greenhill & Co., Inc. during the third quarter worth $33,000. Tower Research Capital LLC TRC raised its holdings in shares of Greenhill & Co., Inc. by 69.0% during the first quarter. Tower Research Capital LLC TRC now owns 3,859 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 1,576 shares in the last quarter. Barclays PLC raised its holdings in shares of Greenhill & Co., Inc. by 139.0% during the fourth quarter. Barclays PLC now owns 3,456 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 2,010 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of Greenhill & Co., Inc. during the first quarter worth $40,000. Finally, Trexquant Investment LP purchased a new stake in shares of Greenhill & Co., Inc. during the third quarter worth $62,000. Institutional investors and hedge funds own 74.14% of the company’s stock.
Greenhill & Co., Inc. Company Profile
Greenhill & Co, Inc is an independent investment bank, which engages in the provision of financial and strategic advice. It specializes in mergers and acquisitions, divestitures, restructurings, financings, and capital raising. The company was founded by Robert F. Greenhill in 1996 and is headquartered in New York, NY.
Featured Stories
- Get a free copy of the StockNews.com research report on Greenhill & Co., Inc. (GHL)
- MarketBeat Week in Review – 6/12 – 6/16
- Micron Building Goodwill In Asia, Near $2 Billion Investment
- Is Twilio On The Verge Of A Comeback?
- Broadcom: All-Time Highs But Still Good Value
- Leverage AI And Build A Fortress Portfolio With Adobe
Receive News & Ratings for Greenhill & Co. Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greenhill & Co. Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
