APG Asset Management N.V. Has $968,000 Holdings in Greenhill & Co., Inc. (NYSE:GHL)

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APG Asset Management N.V. lessened its stake in shares of Greenhill & Co., Inc. (NYSE:GHL) by 45.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,100 shares of the financial services provider’s stock after selling 66,300 shares during the quarter. APG Asset Management N.V. owned about 0.39% of Greenhill & Co., Inc. worth $968,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA increased its stake in Greenhill & Co., Inc. by 38.7% in the 1st quarter. BNP Paribas Arbitrage SA now owns 6,641 shares of the financial services provider’s stock valued at $143,000 after buying an additional 1,853 shares during the last quarter. Bank of Montreal Can increased its stake in shares of Greenhill & Co., Inc. by 2.2% during the 1st quarter. Bank of Montreal Can now owns 20,521 shares of the financial services provider’s stock worth $441,000 after purchasing an additional 439 shares during the last quarter. Texas Permanent School Fund increased its stake in shares of Greenhill & Co., Inc. by 4.7% during the 1st quarter. Texas Permanent School Fund now owns 11,942 shares of the financial services provider’s stock worth $257,000 after purchasing an additional 535 shares during the last quarter. Raymond James & Associates increased its stake in shares of Greenhill & Co., Inc. by 9.1% during the 1st quarter. Raymond James & Associates now owns 90,503 shares of the financial services provider’s stock worth $1,947,000 after purchasing an additional 7,585 shares during the last quarter. Finally, New York State Teachers Retirement System increased its stake in shares of Greenhill & Co., Inc. by 1.4% during the 1st quarter. New York State Teachers Retirement System now owns 54,859 shares of the financial services provider’s stock worth $1,180,000 after purchasing an additional 773 shares during the last quarter. 77.92% of the stock is currently owned by institutional investors.

NYSE:GHL traded up $0.55 during trading hours on Friday, hitting $14.13. The stock had a trading volume of 253,073 shares, compared to its average volume of 295,662. The company has a 50 day simple moving average of $13.70 and a two-hundred day simple moving average of $16.32. Greenhill & Co., Inc. has a one year low of $12.25 and a one year high of $31.08. The company has a quick ratio of 4.00, a current ratio of 4.00 and a debt-to-equity ratio of 17.56.

Greenhill & Co., Inc. (NYSE:GHL) last announced its earnings results on Wednesday, July 31st. The financial services provider reported ($0.53) earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.98). The company had revenue of $56.10 million for the quarter, compared to the consensus estimate of $64.26 million. Greenhill & Co., Inc. had a negative net margin of 2.03% and a negative return on equity of 8.98%. The company’s revenue for the quarter was down 36.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.38 EPS.

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 18th. Stockholders of record on Wednesday, September 4th were paid a $0.05 dividend. The ex-dividend date was Tuesday, September 3rd. This represents a $0.20 annualized dividend and a dividend yield of 1.42%. Greenhill & Co., Inc.’s dividend payout ratio is presently 12.42%.

In other Greenhill & Co., Inc. news, CEO Scott L. Bok bought 36,761 shares of Greenhill & Co., Inc. stock in a transaction on Friday, August 23rd. The stock was acquired at an average cost of $13.71 per share, with a total value of $503,993.31. Following the completion of the acquisition, the chief executive officer now owns 16,791 shares in the company, valued at $230,204.61. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Scott L. Bok acquired 107,220 shares of the stock in a transaction on Monday, August 5th. The shares were acquired at an average price of $14.30 per share, with a total value of $1,533,246.00. The disclosure for this purchase can be found here. Corporate insiders own 20.80% of the company’s stock.

Several equities research analysts have recently issued reports on GHL shares. Zacks Investment Research lowered shares of Greenhill & Co., Inc. from a “buy” rating to a “hold” rating in a research note on Friday, July 19th. ValuEngine raised shares of Greenhill & Co., Inc. from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. Finally, Buckingham Research cut their price objective on shares of Greenhill & Co., Inc. from $18.00 to $15.00 and set a “neutral” rating for the company in a report on Wednesday. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. Greenhill & Co., Inc. has an average rating of “Hold” and a consensus target price of $21.17.

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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Institutional Ownership by Quarter for Greenhill & Co., Inc. (NYSE:GHL)

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