Greenhill & Co., Inc. (NYSE:GHL) Receives New Coverage from Analysts at StockNews.com

Equities research analysts at StockNews.com started coverage on shares of Greenhill & Co., Inc. (NYSE:GHL) in a report issued on Thursday. The firm set a “hold” rating on the financial services provider’s stock.

GHL has been the topic of several other reports. JMP Securities cut shares of Greenhill & Co., Inc. from an “outperform” rating to a “market perform” rating in a report on Tuesday, May 23rd. TheStreet raised shares of Greenhill & Co., Inc. from a “d+” rating to a “c” rating in a report on Monday. Finally, Keefe, Bruyette & Woods raised shares of Greenhill & Co., Inc. from an “underperform” rating to a “market perform” rating in a report on Monday, May 22nd. One investment analyst has rated the stock with a sell rating and three have assigned a hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $11.83.

Greenhill & Co., Inc. Stock Performance

Shares of Greenhill & Co., Inc. stock opened at $14.76 on Thursday. Greenhill & Co., Inc. has a fifty-two week low of $5.64 and a fifty-two week high of $14.97. The company has a debt-to-equity ratio of 4.64, a current ratio of 2.24 and a quick ratio of 2.24. The firm has a market capitalization of $277.53 million, a P/E ratio of 26.36 and a beta of 1.14. The company’s 50 day moving average price is $14.74 and its two-hundred day moving average price is $12.00.

Greenhill & Co., Inc. (NYSE:GHL) last announced its earnings results on Wednesday, August 9th. The financial services provider reported $0.21 earnings per share for the quarter. Greenhill & Co., Inc. had a net margin of 5.11% and a return on equity of 24.40%. The business had revenue of $71.44 million during the quarter.

Institutional Trading of Greenhill & Co., Inc.

Large investors have recently added to or reduced their stakes in the business. Tudor Investment Corp Et Al bought a new position in shares of Greenhill & Co., Inc. in the second quarter worth approximately $6,258,000. Prelude Capital Management LLC bought a new position in Greenhill & Co., Inc. during the 2nd quarter worth about $5,265,000. Millennium Management LLC grew its holdings in Greenhill & Co., Inc. by 334.7% during the 2nd quarter. Millennium Management LLC now owns 452,252 shares of the financial services provider’s stock worth $4,170,000 after acquiring an additional 348,214 shares in the last quarter. Gardner Lewis Asset Management L P bought a new stake in shares of Greenhill & Co., Inc. in the 2nd quarter valued at about $4,296,000. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Greenhill & Co., Inc. by 1,170.1% in the 2nd quarter. Goldman Sachs Group Inc. now owns 288,723 shares of the financial services provider’s stock valued at $4,230,000 after buying an additional 265,991 shares in the last quarter. 61.26% 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, institutional investors, and governments worldwide. The company offers advisory services related to mergers and acquisitions, divestitures, restructurings, financings, private capital raising, and other similar transactions.