As Greenhill & Co INC (GHL) Share Price Declined, Shareholder Adirondack Research & Management INC Has Lowered by $3.11 Million Its Position

October 2, 2018 - By Michael Collier

Greenhill & Co., Inc. (NYSE:GHL) LogoInvestors sentiment decreased to 0.56 in 2018 Q2. Its down 0.70, from 1.26 in 2018Q1. It is negative, as 14 investors sold GHL shares while 63 reduced holdings. 24 funds opened positions while 19 raised stakes. 21.81 million shares or 14.95% less from 25.65 million shares in 2018Q1 were reported. Texas Permanent School Fund holds 0.01% of its portfolio in Greenhill & Co., Inc. (NYSE:GHL) for 14,187 shares. Swiss Bancorp holds 0% or 43,400 shares. Boston Ptnrs stated it has 117,693 shares. Ameriprise Fin Inc holds 362,457 shares. Credit Suisse Ag has invested 0% in Greenhill & Co., Inc. (NYSE:GHL). 351,290 were accumulated by Foundry Partners Limited Com. Wasatch stated it has 25,929 shares. Frontier Mgmt Limited Liability Corporation invested 0.17% in Greenhill & Co., Inc. (NYSE:GHL). Mutual Of America Cap Management Ltd Liability Corp reported 81 shares. Moreover, Intrepid Capital Management has 2.5% invested in Greenhill & Co., Inc. (NYSE:GHL). Prudential Fin Inc has 37,491 shares. Moreover, Brandywine Management Limited Co has 0.05% invested in Greenhill & Co., Inc. (NYSE:GHL) for 291,644 shares. Campbell & Company Inv Adviser Limited Liability Corp reported 0.16% in Greenhill & Co., Inc. (NYSE:GHL). Kbc Grp Inc Nv invested in 42,021 shares. Manufacturers Life The holds 1.35M shares or 0.04% of its portfolio.

Since May 10, 2018, it had 0 buys, and 1 sale for $749,042 activity.

Adirondack Research & Management Inc decreased its stake in Greenhill & Co Inc (GHL) by 51.12% based on its latest 2018Q2 regulatory filing with the SEC. Adirondack Research & Management Inc sold 111,117 shares as the company’s stock declined 3.05% while stock markets rallied. The institutional investor held 106,257 shares of the finance company at the end of 2018Q2, valued at $3.02M, down from 217,374 at the end of the previous reported quarter. Adirondack Research & Management Inc who had been investing in Greenhill & Co Inc for a number of months, seems to be less bullish one the $567.34M market cap company. The stock decreased 0.34% or $0.09 during the last trading session, reaching $26.59. About 63,253 shares traded. Greenhill & Co., Inc. (NYSE:GHL) has risen 93.21% since October 2, 2017 and is uptrending. It has outperformed by 77.59% the S&P500.

Analysts await Greenhill & Co., Inc. (NYSE:GHL) to report earnings on October, 17. They expect $0.18 EPS, up 200.00 % or $0.36 from last year’s $-0.18 per share. GHL’s profit will be $3.84M for 36.93 P/E if the $0.18 EPS becomes a reality. After $0.46 actual EPS reported by Greenhill & Co., Inc. for the previous quarter, Wall Street now forecasts -60.87 % negative EPS growth.

Greenhill & Co., Inc. (NYSE:GHL) Ratings Coverage

Among 4 analysts covering Greenhill (NYSE:GHL), 0 have Buy rating, 3 Sell and 1 Hold. Therefore 0 are positive. Greenhill had 5 analyst reports since April 3, 2018 according to SRatingsIntel. The rating was maintained by Sandler O’Neill with “Hold” on Tuesday, April 3. On Monday, July 16 the stock rating was maintained by Bank of America with “Underperform”. Wood downgraded the stock to “Underperform” rating in Thursday, June 7 report. The rating was maintained by Sandler O’Neill on Thursday, April 12 with “Hold”. The firm earned “Sell” rating on Wednesday, June 6 by Keefe Bruyette & Woods.

Greenhill & Co., Inc. (NYSE:GHL) Institutional Positions Chart

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