Greenhill & Co. (GHL) : Pear Tree Advisors Inc has sold out all of its stake in Greenhill & Co. during the most recent quarter, according to the disclosure filed by the company on Aug 12, 2016 with the SEC. The investment management company has sold out 8,997 shares of Greenhill & Co. which is valued at $188,667.
Other Hedge Funds, Including , Janus Capital Management sold out all of its stake in GHL during the most recent quarter. The investment firm sold 9,600 shares of GHL which is valued $201,312.Blackrock Institutional Trust Company N.a. reduced its stake in GHL by selling 9,826 shares or 1.33% in the most recent quarter. The Hedge Fund company now holds 726,694 shares of GHL which is valued at $15,238,773.Blackrock Advisors boosted its stake in GHL in the latest quarter, The investment management firm added 821 additional shares and now holds a total of 13,900 shares of Greenhill & Co. which is valued at $291,483. Boston Partners added GHL to its portfolio by purchasing 132,585 company shares during the most recent quarter which is valued at $2,646,397.Great West Life Assurance Co Can boosted its stake in GHL in the latest quarter, The investment management firm added 33,318 additional shares and now holds a total of 36,620 shares of Greenhill & Co. which is valued at $714,090.
Greenhill & Co. closed down -0.11 points or -0.49% at $22.29 with 2,96,113 shares getting traded on Monday. Post opening the session at $22.4, the shares hit an intraday low of $22.25 and an intraday high of $22.7901 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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.