Greenhill & Co. (NYSE:GHL)’s share price was up 3.1% on Thursday . The stock traded as high as $18.79 and last traded at $18.71, with a volume of 261,773 shares changing hands. The stock had previously closed at $18.15.

Several equities analysts have recently weighed in on GHL shares. Zacks Investment Research upgraded Greenhill & Co. from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 29th. Credit Suisse Group AG restated a “hold” rating and issued a $13.00 price objective on shares of Greenhill & Co. in a report on Wednesday, June 29th. Finally, Goldman Sachs Group Inc. cut Greenhill & Co. from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $33.00 to $25.00 in a report on Wednesday, April 6th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Greenhill & Co. presently has an average rating of “Hold” and an average target price of $28.14.

The stock has a market capitalization of $553.35 million and a price-to-earnings ratio of 26.20. The stock’s 50 day moving average is $18.79 and its 200 day moving average is $21.33.

Greenhill & Co. (NYSE:GHL) last released its earnings results on Wednesday, April 20th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.01. During the same quarter in the previous year, the firm earned $0.25 EPS. The firm earned $66.90 million during the quarter, compared to analyst estimates of $61.43 million. Greenhill & Co.’s quarterly revenue was up 8.1% on a year-over-year basis. Analysts predict that Greenhill & Co. will post $1.33 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 22nd. Stockholders of record on Wednesday, June 8th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, June 6th. This represents a $1.80 annualized dividend and a dividend yield of 9.70%.

Other institutional investors recently made changes to their positions in the company. Rhumbline Advisers raised its position in shares of Greenhill & Co. by 8.2% in the fourth quarter. Rhumbline Advisers now owns 35,503 shares of the company’s stock valued at $1,016,000 after buying an additional 2,705 shares in the last quarter. California State Teachers Retirement System raised its position in shares of Greenhill & Co. by 1.7% in the fourth quarter. California State Teachers Retirement System now owns 54,273 shares of the company’s stock valued at $1,553,000 after buying an additional 886 shares in the last quarter. Comerica Bank raised its position in shares of Greenhill & Co. by 28.3% in the fourth quarter. Comerica Bank now owns 93,562 shares of the company’s stock valued at $2,260,000 after buying an additional 20,655 shares in the last quarter. California Public Employees Retirement System raised its position in shares of Greenhill & Co. by 2.3% in the fourth quarter. California Public Employees Retirement System now owns 134,900 shares of the company’s stock valued at $3,859,000 after buying an additional 3,000 shares in the last quarter. Finally, South Dakota Investment Council raised its position in shares of Greenhill & Co. by 67.3% in the fourth quarter. South Dakota Investment Council now owns 208,100 shares of the company’s stock valued at $5,954,000 after buying an additional 83,700 shares in the last quarter.

Greenhill & Co, Inc is an investment bank. The Company provides financial and advisory services 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.

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