Shares of Greenhill & Co. (NYSE:GHL) were down 3.1% during trading on Thursday . The stock traded as low as $22.09 and last traded at $22.24, with a volume of 357,425 shares changing hands. The stock had previously closed at $22.94.

Several analysts recently commented on GHL shares. Credit Suisse Group AG lowered shares of Greenhill & Co. from a “neutral” rating to an “underperform” rating and set a $13.00 price target on the stock. in a research report on Thursday, July 21st. Zacks Investment Research upgraded shares of Greenhill & Co. from a “sell” rating to a “hold” rating in a research report on Wednesday, June 15th. One research analyst has rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Greenhill & Co. currently has a consensus rating of “Hold” and an average target price of $27.38.

The firm has a 50-day moving average of $20.43 and a 200-day moving average of $20.52. The firm has a market cap of $667.23 million and a PE ratio of 22.00.

Greenhill & Co. (NYSE:GHL) last released its quarterly earnings results on Tuesday, July 26th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.49 by $0.13. The business earned $90.50 million during the quarter, compared to analysts’ expectations of $89.61 million. During the same quarter last year, the company earned $0.30 EPS. The firm’s revenue for the quarter was up 23.3% compared to the same quarter last year. On average, analysts anticipate that Greenhill & Co. will post $1.44 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 21st. Investors of record on Wednesday, September 7th will be given a $0.45 dividend. The ex-dividend date is Friday, September 2nd. This represents a $1.80 annualized dividend and a yield of 7.99%.

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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