Greenhill & Co., Inc. (NYSE:GHL) Earns Buy Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Greenhill & Co., Inc. (NYSE:GHL – Get Rating) in a report issued on Friday. The brokerage set a “buy” rating on the financial services provider’s stock.

GHL has been the subject of a number of other reports. JMP Securities reiterated a “market outperform” rating and set a $20.00 target price on shares of Greenhill & Co., Inc. in a research note on Thursday, February 2nd. Keefe, Bruyette & Woods boosted their target price on shares of Greenhill & Co., Inc. from $6.50 to $7.00 and gave the company a “market perform” rating in a research note on Tuesday, January 3rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, Greenhill & Co., Inc. has a consensus rating of “Hold” and a consensus price target of $10.75.

Greenhill & Co., Inc. Stock Performance

GHL stock opened at $9.45 on Friday. The stock has a market capitalization of $173.03 million, a PE ratio of -135.00 and a beta of 1.26. Greenhill & Co., Inc. has a 12-month low of $5.64 and a 12-month high of $16.79. The company has a current ratio of 2.50, a quick ratio of 2.50 and a debt-to-equity ratio of 3.33. The stock’s 50 day simple moving average is $12.00 and its 200 day simple moving average is $9.59.

Institutional Investors Weigh In On Greenhill & Co., Inc.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Advisor Group Holdings Inc. increased its stake in shares of Greenhill & Co., Inc. by 5.0% in the 4th quarter. Advisor Group Holdings Inc. now owns 21,066 shares of the financial services provider’s stock worth $216,000 after purchasing an additional 996 shares in the last quarter. Toroso Investments LLC increased its stake in shares of Greenhill & Co., Inc. by 4.7% in the 4th quarter. Toroso Investments LLC now owns 24,532 shares of the financial services provider’s stock worth $251,000 after purchasing an additional 1,093 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Greenhill & Co., Inc. by 10.5% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,586 shares of the financial services provider’s stock worth $179,000 after purchasing an additional 1,103 shares in the last quarter. Citigroup Inc. increased its stake in shares of Greenhill & Co., Inc. by 12.2% in the 1st quarter. Citigroup Inc. now owns 11,373 shares of the financial services provider’s stock worth $176,000 after purchasing an additional 1,240 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in Greenhill & Co., Inc. by 4.1% in the 1st quarter. Bank of America Corp DE now owns 32,021 shares of the financial services provider’s stock worth $495,000 after buying an additional 1,274 shares in the last quarter. 74.14% of the stock is currently owned by hedge funds and other institutional investors.

Greenhill & Co., Inc. Company Profile

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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.