Greenhill & Co. (NYSE:GHL) declared a quarterly dividend on Wednesday, July 27th. Investors of record on Wednesday, September 7th will be given a dividend of 0.45 per share on Wednesday, September 21st. This represents a $1.80 annualized dividend and a dividend yield of 9.10%. The ex-dividend date is Friday, September 2nd.
GHL has been the topic of several recent research reports. Zacks Investment Research upgraded shares of Greenhill & Co. from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 29th. Credit Suisse Group AG dropped their price target on shares of Greenhill & Co. from $24.00 to $18.00 and set a “neutral” rating on the stock in a research note on Friday, April 8th. Finally, Goldman Sachs Group Inc. downgraded shares of Greenhill & Co. from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $33.00 to $25.00 in a research note on Wednesday, April 6th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. Greenhill & Co. currently has a consensus rating of “Hold” and an average price target of $28.14.
Greenhill & Co. (NYSE:GHL) traded up 4.05% during midday trading on Wednesday, hitting $19.77. 1,478,253 shares of the stock traded hands. The company has a 50-day moving average of $18.40 and a 200-day moving average of $20.77. The stock has a market cap of $589.74 million and a PE ratio of 27.92. Greenhill & Co. has a 1-year low of $15.62 and a 1-year high of $40.10.
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.
