Corporation (NYSE:GEF) by 17.9% during the second quarter, according to its most recent disclosure with the SEC. Wellington Management Group LLP now owns 1,877,084 shares of the industrial products company's stock worth $103,409,000 after buying an additional 13,511 shares during the last quarter.
Greif Bros. Corporation (NYSE:GEF) has earned a consensus rating of "Hold" from the ten research firms that are now covering the company, Marketbeat.com reports. Corporation worth $3,584,000 at the end of the most recent reporting period.
Hedge funds and other institutional investors have recently modified their holdings of the company. Norges Bank purchased a new stake in shares of Greif Bros. Corporation by 1.0% in the first quarter. American Century Companies Inc. now owns 137,963 shares of the industrial products company's stock valued at $7,600,000 after buying an additional 34,169 shares during the period. Corporation was upgraded to "neutral" by analysts at Zacks. Corporation during the first quarter worth about $7,071,000. 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.
Wbi Investments, Inc. expanded its stake by buying 9,631 shares an increase of 13.7%. Corporation by 1.6% in the first quarter.
ILLEGAL ACTIVITY WARNING: "Greif Bros". Corporation by 8.5% in the first quarter. The Financial Engines Advisors Llc holds 330,834 shares with $25.34 million value, up from 231,732 last quarter. FMR LLC increased its position in shares of Greif Bros. Corporation by 1.4% in the first quarter. Alpha Windward LLC now owns 8,400 shares of the industrial products company's stock valued at $463,000 after buying an additional 120 shares in the last quarter.
Greif Bros. Corporation (GEF) opened at 55.41 on Friday. The stock had a trading volume of 66,466 shares. Greif Bros. Corporation has a 52 week low of $40.44 and a 52 week high of $63.04.
Greif Inc. Class A now has a P/E ratio of 27.65 and market capitalization is 2.66B. The firm has a 50-day moving average price of $56.31 and a 200-day moving average price of $56.49.
Greif Bros. Corporation (NYSE:GEF) last released its earnings results on Wednesday, June 7th. The industrial products company reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.74 by $0.07. Greif Bros. Corporation had a net margin of 2.81% and a return on equity of 16.17%. The company had revenue of $887.40 million for the quarter, compared to analysts' expectations of $891.22 million. During the same quarter in the previous year, the firm posted $0.47 EPS. The firm's revenue was up 5.7% on a year-over-year basis.
Among 7 analysts covering Greif (NYSE:GEF), 3 have Buy rating, 2 Sell and 2 Hold. This dividend represents a yeild of $2.92 which is the dividend as a percentage of the current share price. Systematic Financial Management LP increased its position in shares of Greif Bros. Corporation (GEF) opened at 55.41 on Friday. If you are reading this story on another site, it was copied illegally and reposted in violation of USA and global copyright law. DekaBank Deutsche Girozentrale increased its stake in shares of Greif Bros.
GEF has been the subject of several research analyst reports. BidaskClub lowered shares of Greif Bros. Corporation from a "sell" rating to a "hold" rating in a research note on Friday, May 26th. Finally, Robert W. Baird reissued an "outperform" rating and set a $63.00 price target on shares of Greif Bros. Corporation from a "hold" rating to a "buy" rating in a research report on Friday, June 9th. Bank of America Corporation set a $60.00 price target on Greif Bros. Corporation in a research note on Sunday, June 11th. ValuEngine raised Greif Bros. Corporation and gave the company a "buy" rating in a research report on Saturday, June 10th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. Greif Bros. Corporation has an average rating of "Hold" and an average price target of $56.50. Corporation news, major shareholder Shannon J. Diener purchased 5,189 shares of the firm's stock in a transaction on Thursday, July 6th. The shares were acquired at an average price of $62.37 per share, for a total transaction of $323,637.93. Following the completion of the acquisition, the insider now owns 10,189 shares of the company's stock, valued at $635,487.93. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Williams Jones And Ltd Liability Company reported 16,776 shares.
Greif, Inc., launched on January 25, 1926, is a producer of industrial packaging products and services. The Company's divisions are Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services, and Land Management.