Greenhill & Co. (NYSE:GHL) fell 3.7% during mid-day trading on Thursday . The stock traded as low as $18.22 and last traded at $18.44, with a volume of 214,020 shares traded. The stock had previously closed at $19.14.

Several research analysts have recently commented on the stock. Zacks Investment Research raised shares of Greenhill & Co. from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 29th. Goldman Sachs Group Inc. cut shares of Greenhill & Co. from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $33.00 to $25.00 in a report on Wednesday, April 6th. Finally, Credit Suisse Group AG cut shares of Greenhill & Co. from a “neutral” rating to an “underperform” rating and set a $13.00 target price on the stock. in a report on Thursday. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. Greenhill & Co. presently has a consensus rating of “Hold” and an average price target of $28.14.

The stock has a market cap of $547.38 million and a price-to-earnings ratio of 25.92. The stock’s 50-day moving average price is $18.49 and its 200 day moving average price is $20.94.

Other hedge funds and institutional investors recently added to or reduced their stakes in the company. Rutabaga Capital Management LLC MA bought a new position in Greenhill & Co. during the fourth quarter worth $18,173,000. Comerica Bank boosted its position in Greenhill & Co. by 28.3% in the fourth quarter. Comerica Bank now owns 93,562 shares of the company’s stock worth $2,260,000 after buying an additional 20,655 shares during the last quarter. Russell Frank Co boosted its position in Greenhill & Co. by 4.4% in the fourth quarter. Russell Frank Co now owns 289,853 shares of the company’s stock worth $8,429,000 after buying an additional 12,272 shares during the last quarter. California Public Employees Retirement System boosted its position in Greenhill & Co. by 2.3% in the fourth quarter. California Public Employees Retirement System now owns 134,900 shares of the company’s stock worth $3,859,000 after buying an additional 3,000 shares during the last quarter. Finally, Rhumbline Advisers boosted its position in Greenhill & Co. by 8.2% in the fourth quarter. Rhumbline Advisers now owns 35,503 shares of the company’s stock worth $1,016,000 after buying an additional 2,705 shares during 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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