Greenhill & Co., Inc. (NYSE:GHL) CEO Scott L. Bok acquired 63,947 shares of the stock in a transaction on Thursday, July 30th. The stock was bought at an average price of $11.21 per share, with a total value of $716,845.87. Following the transaction, the chief executive officer now directly owns 90,144 shares of the company’s stock, valued at approximately $1,010,514.24. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Shares of Greenhill & Co., Inc. stock opened at $11.19 on Friday. The company has a quick ratio of 3.44, a current ratio of 3.44 and a debt-to-equity ratio of 36.60. The company has a market cap of $210.93 million, a PE ratio of 22.92 and a beta of 1.09. The business has a 50 day moving average of $10.39 and a 200 day moving average of $11.88. Greenhill & Co., Inc. has a 52 week low of $7.28 and a 52 week high of $23.08.

Greenhill & Co., Inc. (NYSE:GHL) last announced its earnings results on Thursday, July 23rd. The financial services provider reported ($0.79) EPS for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.47). The business had revenue of $47.79 million for the quarter, compared to the consensus estimate of $43.61 million. Greenhill & Co., Inc. had a net margin of 5.35% and a return on equity of 59.64%. On average, research analysts anticipate that Greenhill & Co., Inc. will post -0.61 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be paid a $0.05 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.20 annualized dividend and a yield of 1.79%. Greenhill & Co., Inc.’s payout ratio is 40.00%.

A number of hedge funds have recently modified their holdings of GHL. Renaissance Technologies LLC purchased a new stake in Greenhill & Co., Inc. in the fourth quarter worth $598,000. UBS Group AG grew its stake in Greenhill & Co., Inc. by 59.4% in the fourth quarter. UBS Group AG now owns 19,965 shares of the financial services provider’s stock worth $341,000 after purchasing an additional 7,439 shares during the period. UBS Asset Management Americas Inc. purchased a new stake in Greenhill & Co., Inc. in the fourth quarter worth $397,000. State of Alaska Department of Revenue grew its stake in Greenhill & Co., Inc. by 22.9% in the first quarter. State of Alaska Department of Revenue now owns 13,807 shares of the financial services provider’s stock worth $135,000 after purchasing an additional 2,570 shares during the period. Finally, Texas Permanent School Fund grew its stake in Greenhill & Co., Inc. by 23.8% in the first quarter. Texas Permanent School Fund now owns 12,598 shares of the financial services provider’s stock worth $124,000 after purchasing an additional 2,418 shares during the period. 70.58% of the stock is currently owned by institutional investors.

GHL has been the subject of several recent research reports. Piper Sandler boosted their price objective on Greenhill & Co., Inc. from $10.00 to $11.50 and gave the company a “neutral” rating in a research report on Friday, July 24th. Zacks Investment Research downgraded Greenhill & Co., Inc. from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, ValuEngine upgraded Greenhill & Co., Inc. from a “sell” rating to a “hold” rating in a report on Friday, April 17th.

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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