Greenhill & Co. (GHL) : Smith Graham Investment Advisors Lp added new position in Greenhill & Co. during the most recent quarter end. The investment management firm now holds 341,019 shares of Greenhill & Co. which is valued at $7,867,308 , the company said in a statement filed on Oct 17, 2016 with the SEC.Greenhill & Co. makes up approximately 1.02% of Smith Graham Investment Advisors Lp’s portfolio.
Other Hedge Funds, Including , Cwm added GHL to its portfolio by purchasing 7 company shares during the most recent quarter which is valued at $161. Creative Planning sold out all of its stake in GHL during the most recent quarter. The investment firm sold 17 shares of GHL which is valued $383.Cutler Group Lp boosted its stake in GHL in the latest quarter, The investment management firm added 9,920 additional shares and now holds a total of 11,066 shares of Greenhill & Co. which is valued at $254,518. Greenhill & Co. makes up approx 0.02% of Cutler Group Lp’s portfolio.Independent Portfolio Consultants boosted its stake in GHL in the latest quarter, The investment management firm added 835 additional shares and now holds a total of 1,945 shares of Greenhill & Co. which is valued at $45,532. Greenhill & Co. makes up approx 0.01% of Independent Portfolio Consultants’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in GHL by selling 4,447 shares or 49.62% in the most recent quarter. The Hedge Fund company now holds 4,515 shares of GHL which is valued at $105,696.
Greenhill & Co. opened for trading at $22.65 and hit $23.34 on the upside on Friday, eventually ending the session at $23.07, with a gain of 2.95% or 0.66 points. The heightened volatility saw the trading volume jump to 5,13,172 shares. Company has a market cap of $683 M.
On the company’s financial health, Greenhill & Co. reported $0.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Apr 20, 2016. Analyst had a consensus of $0.17. The company had revenue of $66.90 million for the quarter, compared to analysts expectations of $51.92 million. The company’s revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 EPS.
Many Wall Street Analysts have commented on Greenhill & Co.. Greenhill & Co. was Downgraded by Credit Suisse to ” Underperform” on Jul 21, 2016.
Greenhill & Co. Inc. is an investment bank. The Company 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 corporations partnerships institutions and governments. The Company advises debtors creditors governments pension funds and other stakeholders as well as potential acquirers of distressed companies and assets. The Company also provides advice in connection with activist response strategies and other mission critical situations. It acts for clients located across the world from its offices located in the United States United Kingdom Germany Canada Japan Australia Sweden and Brazil. The Company’s wholly owned subsidiaries include Greenhill & Co. LLC (G&Co) Greenhill & Co. International LLP (GCI) and Greenhill & Co. Australia Pty Limited (Greenhill Australia) which provide advisory services in various jurisdictions.