How Buckingham Research Currently Rates Greenhill (NYSE:GHL)
The Investment firm Buckingham Research has commenced coverage coverage on Greenhill (NYSE:GHL)’s stock, rating it Neutral. This was revealed to investors and clients in analysts note on Monday morning.
From a total of 8 analysts covering Greenhill (NYSE:GHL) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is $40 while the lowest target price is $21. The mean of all analyst targets is $31.63 with a 15.48% above today’s ($27.19) stock price. Greenhill was the topic of 9 analyst reports since September 8, 2015 according to the firm StockzIntelligence Inc. Wood maintained shares on October 7 with “Market Perform” rating.
Approximately 40,555 shares of stock traded hands. Greenhill & Co., Inc. (NYSE:GHL) has declined 34.80% since May 18, 2015 and is downtrending. It has underperformed by 28.99% the S&P500.
The overall sentiment of institutions has decreased to 1.55 in Q2 2015. Its down 0.41, from 1.96 in 2015Q2. The ratio dropped, as 21 institutions have sold all the shares of Greenhill & Co., Inc. that they owned while 41 funds have taken shares off the table. 24 funds have purchased shares for the first time while 72 added to their positions. These institutions now hold 36.67 million shares or 29.43% more than the 28.33 million shares they owned in 2015Q2.
The Fund Capital Management Corp Va currently is holding shares equating to 2.42% of its total portfolio in Greenhill & Co., Inc. representing a total of 211,720 shares. Another fund,Skyline Asset Management Lp, is holding a total of 657,700 shares equating to 1.41% of their holdings. Additionally, Denver Investment Advisors Llc has a 868,070 share stake in Greenhill & Co., Inc. which represents 1.08% of their total portfolio. The Fund, Campbell & Co Investment Adviser Llc, based out of Maryland, has also built up a stake in the stock, which represents a total of 0.62% of their total portfolio. Finally Holland Capital Management Llc, a fund which is based in the state of Illinois reported a total holdings of 742,186 shares.
Insider activity is a very important aspect to track on any stock. Going back to October 27, 2015, shareholders of Greenhill & Co., Inc. have witnessed 1 insider buy, and a total of 0 insider sales equating to a net activity of approximately $5.04 million . Bok Scott L bought 202,510 shares worth approximately $5.04M.
Greenhill & Co., Inc. is an investment bank. The company has a market cap of $790.58 million. The Firm provides financial and advisory services on domestic and cross-border mergers and acquisitions, restructurings, financings, capital raisings and other strategic transactions to client base, including firms, partnerships, institutions and governments. It has 25.1 P/E ratio. The Firm advises debtors, creditors, governments, pension funds and other stakeholders, as well as potential acquirers of distressed companies and assets.
According to Zacks Investment Research, “GREENHILL & CO., Inc. is a leading independent investment bank that provides financial advice on significant mergers, acquisitions and restructurings; assists private funds in raising capital from investors; and manages merchant banking funds. It acts for clients located throughout the world from its offices in New York, London, Frankfurt, Toronto, Dallas and San Francisco.”