Greenhill & Co., Inc. (NYSE:GHL) CEO Scott L. Bok bought 27,284 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The shares were purchased at an average cost of $10.43 per share, for a total transaction of $284,572.12. Following the acquisition, the chief executive officer now owns 90,144 shares of the company’s stock, valued at $940,201.92. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

NYSE GHL opened at $11.19 on Friday. The stock has a market capitalization of $210.93 million, a P/E ratio of 22.92 and a beta of 1.09. Greenhill & Co., Inc. has a 1 year low of $7.28 and a 1 year high of $23.08. The business’s fifty day moving average is $10.39 and its two-hundred day moving average is $11.88. The company has a debt-to-equity ratio of 36.60, a quick ratio of 3.44 and a current ratio of 3.44.

Greenhill & Co., Inc. (NYSE:GHL) last posted its quarterly earnings results on Thursday, July 23rd. The financial services provider reported ($0.79) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.32) by ($0.47). The company had revenue of $47.79 million during 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 forecast that Greenhill & Co., Inc. will post -0.61 earnings per share for the current year.

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

A number of large investors have recently made changes to their positions in the business. Rhumbline Advisers raised its stake in Greenhill & Co., Inc. by 2.4% during the 1st quarter. Rhumbline Advisers now owns 53,653 shares of the financial services provider’s stock valued at $528,000 after purchasing an additional 1,282 shares during the period. Wells Fargo & Company MN raised its stake in Greenhill & Co., Inc. by 14.9% during the 1st quarter. Wells Fargo & Company MN now owns 10,185 shares of the financial services provider’s stock valued at $101,000 after purchasing an additional 1,319 shares during the period. BNP Paribas Arbitrage SA raised its stake in Greenhill & Co., Inc. by 37.9% during the 1st quarter. BNP Paribas Arbitrage SA now owns 6,227 shares of the financial services provider’s stock valued at $61,000 after purchasing an additional 1,710 shares during the period. Texas Permanent School Fund raised its stake in Greenhill & Co., Inc. by 23.8% during the 1st quarter. Texas Permanent School Fund now owns 12,598 shares of the financial services provider’s stock valued at $124,000 after purchasing an additional 2,418 shares during the period. Finally, State of Alaska Department of Revenue raised its stake in Greenhill & Co., Inc. by 22.9% during the 1st quarter. State of Alaska Department of Revenue now owns 13,807 shares of the financial services provider’s stock valued at $135,000 after purchasing an additional 2,570 shares during the period. 70.58% of the stock is currently owned by institutional investors.

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

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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