Greif Bros. Corporation (NYSE:GEF) Given Average Rating of "Hold" by Analysts

Bruno Cirelli
Agosto 13, 2017

Corporation (NYSE:GEF) by 12.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,054 shares of the industrial products company's stock after selling 3,212 shares during the period. Greif, Inc. (NYSE:GEF) has risen 67.37% since August 11, 2016 and is uptrending. Finally, Alpha Windward LLC boosted its position in shares of Greif Bros. Corporation by 17.9% in the second quarter. Nine Chapters Capital Management LLC now owns 4,800 shares of the industrial products company's stock valued at $268,000 after buying an additional 300 shares during the last quarter. Arizona State Retirement System increased its position in Greif Bros. Corporation by 1.0% in the first quarter. Systematic Financial Management LP now owns 357,270 shares of the industrial products company's stock worth $19,682,000 after buying an additional 325,715 shares in the last quarter. Finally, ValuEngine raised shares of Greif Bros. Corporation by 106.7% in the first quarter. Tower Research Capital LLC TRC now owns 2,919 shares of the industrial products company's stock valued at $161,000 after buying an additional 1,507 shares during the last quarter. Financial Engines Advisors Llc acquired 99,102 shares as Dominion Res Inc Va New (D)'s stock rose 6.53%. Chicago Equity Partners LLC now owns 88,885 shares with a value of $4,958,000. Nisa Investment Advisors LLC increased its stake in shares of Greif Bros. Corporation by 22.1% in the first quarter. Nisa Investment Advisors LLC now owns 15,940 shares of the industrial products company's stock worth $878,000 after buying an additional 2,890 shares in the last quarter. (NYSE:GEF). Moreover, Ameriprise Financial has 0.01% invested in Greif, Inc. The stock has a 50 day moving average price of $56.31 and a 200-day moving average price of $56.50. Greif Bros. Corporation has a 12-month low of $40.44 and a 12-month high of $63.04. The company has a market cap of $2.65 billion, a P/E ratio of 27.59 and a beta of 1.37.

Greif Bros. Corporation (NYSE:GEF) last issued its earnings results on Wednesday, June 7th. Shares saw a steep decrease in trading volume of 90.52% under the normal average daily volume. The business had revenue of $887.40 million during the quarter, compared to analysts' expectations of $891.22 million. Greif Bros. Corporation had a net margin of 2.81% and a return on equity of 16.17%. Next quarter's EPS is forecasted to be $0.92 with next year's EPS projected to be $3.28. As of the latest earnings report the EPS was $2.01 and is expected to be $2.89 for the current year with 47,845,000 shares presently outstanding. On average, equities analysts anticipate that Greif Bros. During the same quarter previous year, the business posted $0.47 EPS.

ILLEGAL ACTIVITY NOTICE: "Tudor Investment Corp ET AL Has $389,000 Stake in Greif Bros. Corporation's (NYSE:GEF) "Hold" Rating Reaffirmed at BMO Capital Markets" was published by BBNS and is the sole property of of BBNS. The correct version of this story can be accessed at https://www.thecerbatgem.com/2017/08/12/greif-bros-corporation-nysegef-position-increased-by-mondrian-investment-partners-ltd.html.

Several brokerages have weighed in on GEF. Corporation and gave the company a "buy" rating in a research note on Saturday, June 10th. Corporation from a "hold" rating to a "buy" rating in a research note on Friday, June 9th. (NYSE:GEF) earned "Hold" rating by BMO Capital Markets on Thursday, June 8. Corporation in a research report on Sunday, June 11th. Baird reissued an outperform rating and issued a $63.00 price objective on shares of Greif Bros. Corporation from a "sell" rating to a "hold" rating in a research note on Tuesday, July 11th. BidaskClub raised Greif Bros. The company now has a consensus rating of Hold and a consensus price target of $56.50. Corporation stock in a transaction that occurred on Thursday, July 6th. The shares were bought at an average cost of $62.37 per share, for a total transaction of $323,637.93. Company insiders own 16.79% of the company's stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. They now have a $55.00 target price on the industrial products company's stock.

Greif is a global leader in industrial packaging products and services and is pursuing its vision: in industrial packaging, be the best performing customer service company in the world. The Company's divisions are Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services, and Land Management. The Rigid Industrial Packaging & Services segment is engaged in the production and sale of rigid industrial packaging products, and services, such as container life cycle management, filling, logistics, warehousing and other packaging services. (NYSE:GEF) on Monday, August 31 to "Hold" rating.

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