Greenhill & Co., Inc. (NYSE:GHL) Short Interest Down 19.2% in June

Greenhill & Co., Inc. (NYSE:GHL) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totalling 2,149,300 shares, a decrease of 19.2% from the May 30th total of 2,660,500 shares. Based on an average trading volume of 255,400 shares, the days-to-cover ratio is currently 8.4 days. Currently, 13.3% of the shares of the stock are sold short.

A number of equities analysts recently weighed in on the stock. UBS Group set a €45.00 ($52.33) target price on shares of Fuchs Petrolub and gave the stock a “buy” rating in a research report on Thursday, March 21st. TheStreet lowered shares of Weibo from a “b-” rating to a “c+” rating in a research report on Friday, May 31st. Buckingham Research dropped their target price on shares of PJT Partners from $49.00 to $42.00 and set a “neutral” rating for the company in a research report on Thursday. ValuEngine upgraded shares of Vermillion from a “hold” rating to a “buy” rating in a research report on Wednesday, May 15th. Finally, Zacks Investment Research lowered shares of W. R. Grace & Co from a “buy” rating to a “hold” rating in a research report on Wednesday, May 1st. Four investment analysts have rated the stock with a sell rating and four have issued a hold rating to the company. Greenhill & Co., Inc. has an average rating of “Hold” and an average target price of $22.71.

GHL stock traded up $0.01 during trading on Friday, hitting $14.38. 236,976 shares of the company’s stock traded hands, compared to its average volume of 236,245. Greenhill & Co., Inc. has a 52 week low of $13.00 and a 52 week high of $33.45. The company has a debt-to-equity ratio of 11.46, a current ratio of 3.67 and a quick ratio of 3.67. The firm has a fifty day simple moving average of $14.69. The firm has a market capitalization of $302.84 million, a PE ratio of 8.93 and a beta of 0.85.



Greenhill & Co., Inc. (NYSE:GHL) last released its quarterly earnings data on Monday, April 29th. The financial services provider reported ($0.58) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.24) by ($0.34). Greenhill & Co., Inc. had a net margin of 5.53% and a return on equity of 32.81%. The business 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 business earned $0.21 EPS. Greenhill & Co., Inc.’s revenue for the quarter was down 41.5% compared to the same quarter last year. As a group, analysts expect that Greenhill & Co., Inc. will post 0.82 earnings per share for the current year.

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

Hedge funds have recently added to or reduced their stakes in the business. Intrepid Capital Management Inc. raised its position in Greenhill & Co., Inc. by 1.3% during the 1st quarter. Intrepid Capital Management Inc. now owns 107,778 shares of the financial services provider’s stock worth $2,318,000 after buying an additional 1,350 shares during the last quarter. Dynamic Technology Lab Private Ltd raised its position in Greenhill & Co., Inc. by 277.1% during the 1st quarter. Dynamic Technology Lab Private Ltd now owns 37,785 shares of the financial services provider’s stock worth $813,000 after buying an additional 27,765 shares during the last quarter. NumerixS Investment Technologies Inc purchased a new position in Greenhill & Co., Inc. during the 1st quarter worth approximately $104,000. Acadian Asset Management LLC purchased a new position in Greenhill & Co., Inc. during the 1st quarter worth approximately $1,082,000. Finally, Spark Investment Management LLC purchased a new position in Greenhill & Co., Inc. during the 1st quarter worth approximately $2,303,000. Institutional investors and hedge funds own 84.00% of the company’s stock.

About Greenhill & Co., Inc.

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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