The $0.42 mark is well within reach for Greif Inc (NYSE:GEF).

June 14, 2018 - By Clifton Ray

Greif, Inc. (NYSE:GEF) LogoInvestors sentiment decreased to 1.07 in Q1 2018. Its down 0.13, from 1.2 in 2017Q4. It dived, as 22 investors sold Greif, Inc. shares while 65 reduced holdings. 29 funds opened positions while 64 raised stakes. 21.94 million shares or 5.01% less from 23.10 million shares in 2017Q4 were reported.
Pnc Financial Ser Grp Inc accumulated 0% or 34,072 shares. Moreover, Price T Rowe Md has 0% invested in Greif, Inc. (NYSE:GEF) for 13,817 shares. Proshare Advsrs has invested 0% of its portfolio in Greif, Inc. (NYSE:GEF). Morgan Stanley invested in 408,418 shares. The New York-based Blackrock has invested 0.01% in Greif, Inc. (NYSE:GEF). Utd Ser Automobile Association reported 227,197 shares. Quantbot Technologies Lp reported 4,491 shares or 0.02% of all its holdings. Arizona State Retirement Sys reported 0.01% of its portfolio in Greif, Inc. (NYSE:GEF). Hbk Limited Partnership, Texas-based fund reported 83,697 shares. Gabelli Funds Ltd Liability owns 413,200 shares or 0.13% of their US portfolio. 5,012 are held by Hightower Advsr Limited Liability Company. Moreover, Louisiana State Employees Retirement Sys has 0.02% invested in Greif, Inc. (NYSE:GEF). Moreover, Commonwealth Of Pennsylvania School Empls Retrmt has 0.01% invested in Greif, Inc. (NYSE:GEF) for 6,989 shares. First Mercantile Trust has invested 0.06% in Greif, Inc. (NYSE:GEF). Barclays Public Ltd Co reported 14,738 shares.

Greif Inc (NYSE:GEF) is expected to pay $0.42 on Jul 1, 2018. Shareholders owning the stock before Jun 15, 2018 will be eligible to receive the payout. Based on Greif Inc’s current price of $56.01, the dividend is 0.75 %. This dividend’s record date is Jun 18, 2018 and the announcement date is Jun 5, 2018. The stock decreased 3.85% or $2.24 during the last trading session, reaching $56.01. About 338,782 shares traded or 48.91% up from the average. Greif, Inc. (NYSE:GEF) has risen 0.95% since June 14, 2017 and is uptrending. It has underperformed by 11.62% the S&P500.

Greif, Inc. produces and sells industrial packaging products. The company has market cap of $2.72 billion. It operates in five divisions: Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services; and Land Management. It has a 15 P/E ratio. The Rigid Industrial Packaging & Services segment offers rigid industrial packaging products, including steel, fiber, and plastic drums; rigid intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and services, such as container life cycle management, filling, logistics, warehousing, and other packaging services.

Greif, Inc. (NYSE:GEF) Ratings Coverage

Among 4 analysts covering Greif Inc (NYSE:GEF), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. Greif Inc had 7 analyst reports since January 2, 2018 according to SRatingsIntel. Wells Fargo maintained the shares of GEF in report on Wednesday, February 21 with “Buy” rating. KeyBanc Capital Markets maintained it with “Sell” rating and $47.0 target in Thursday, March 1 report. The company was downgraded on Monday, April 2 by Bank of America. Bank of America maintained Greif, Inc. (NYSE:GEF) rating on Tuesday, May 22. Bank of America has “Neutral” rating and $65 target. As per Sunday, April 1, the company rating was upgraded by BMO Capital Markets. The stock of Greif, Inc. (NYSE:GEF) has “Buy” rating given on Tuesday, January 2 by Bank of America. The stock has “Buy” rating by Bank of America on Tuesday, March 13.

More important recent Greif, Inc. (NYSE:GEF) news were published by: Seekingalpha.com which released: “Greif, Inc. (GEF) CEO Pete Watson on Q2 2018 Results – Earnings Call Transcript” on June 08, 2018, also Seekingalpha.com published article titled: “Greif, Inc. 2018 Q2 – Results – Earnings Call Slides”, Benzinga.com published: “Greif Q2 Earnings Preview” on June 06, 2018. More interesting news about Greif, Inc. (NYSE:GEF) was released by: Benzinga.com and their article: “Earnings Scheduled For June 6, 2018” with publication date: June 06, 2018.

Greif, Inc. (NYSE:GEF) Institutional Positions Chart

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