Greenhill & Co., Inc. (GHL) Holdings Reduced by Deutsche Bank AG

Deutsche Bank AG reduced its stake in Greenhill & Co., Inc. (NYSE:GHL) by 51.2% during the 4th quarter, Holdings Channel reports. The firm owned 206,566 shares of the financial services provider’s stock after selling 216,481 shares during the period. Deutsche Bank AG’s holdings in Greenhill & Co., Inc. were worth $4,025,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in GHL. JPMorgan Chase & Co. grew its position in shares of Greenhill & Co., Inc. by 6.3% during the third quarter. JPMorgan Chase & Co. now owns 244,234 shares of the financial services provider’s stock worth $4,067,000 after acquiring an additional 14,559 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of Greenhill & Co., Inc. by 27.3% during the third quarter. Wells Fargo & Company MN now owns 177,005 shares of the financial services provider’s stock worth $2,938,000 after acquiring an additional 37,914 shares during the last quarter. California Public Employees Retirement System grew its position in shares of Greenhill & Co., Inc. by 4.7% during the third quarter. California Public Employees Retirement System now owns 149,692 shares of the financial services provider’s stock worth $2,485,000 after acquiring an additional 6,692 shares during the last quarter. Dalton Greiner Hartman Maher & Co. grew its position in shares of Greenhill & Co., Inc. by 7.2% during the fourth quarter. Dalton Greiner Hartman Maher & Co. now owns 1,029,797 shares of the financial services provider’s stock worth $20,081,000 after acquiring an additional 68,977 shares during the last quarter. Finally, Simplex Trading LLC purchased a new position in shares of Greenhill & Co., Inc. during the fourth quarter worth approximately $910,000. Institutional investors own 98.79% of the company’s stock.

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Shares of NYSE GHL opened at $19.90 on Tuesday. 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 $29.05. The firm has a market cap of $537.87, a P/E ratio of -71.07 and a beta of 1.08.

Greenhill & Co., Inc. (NYSE:GHL) last issued its quarterly earnings results on Tuesday, February 6th. The financial services provider reported ($0.35) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.17) by ($0.18). Greenhill & Co., Inc. had a negative return on equity of 3.43% and a negative net margin of 11.14%. The company had revenue of $66.89 million for the quarter, compared to analyst estimates of $57.36 million. During the same period in the prior year, the business earned $0.74 earnings per share. Greenhill & Co., Inc.’s revenue for the quarter was down 34.2% compared to the same quarter last year. sell-side analysts predict that Greenhill & Co., Inc. will post 0.97 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 21st. Investors of record on Wednesday, March 7th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend was Tuesday, March 6th. Greenhill & Co., Inc.’s dividend payout ratio is presently -71.43%.

A number of brokerages have recently issued reports on GHL. Zacks Investment Research lowered shares of Greenhill & Co., Inc. from a “buy” rating to a “hold” rating in a research report on Thursday, February 8th. Sandler O’Neill restated a “hold” rating and set a $20.00 target price on shares of Greenhill & Co., Inc. in a research report on Thursday, April 12th. ValuEngine lowered shares of Greenhill & Co., Inc. from a “sell” rating to a “strong sell” rating in a research report on Thursday, March 1st. Finally, Nomura lowered their target price on shares of Greenhill & Co., Inc. from $14.00 to $13.00 and set a “reduce” rating on the stock in a research report on Wednesday, January 3rd. Four research analysts have rated the stock with a sell rating and four have given a hold rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $15.71.

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Greenhill & Co., Inc. Company 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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Institutional Ownership by Quarter for Greenhill & Co., Inc. (NYSE:GHL)

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