$0.42 dividends are within arm’s reach for Greif Inc (NYSE:GEF) shareholders.

June 14, 2018 - By Milton Kimbrough

Greif, Inc. (NYSE:GEF) LogoInvestors sentiment decreased to 1.07 in Q1 2018. Its down 0.13, from 1.2 in 2017Q4. It turned negative, 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.
State Board Of Administration Of Florida Retirement, Florida-based fund reported 17,160 shares. Cubist Systematic Strategies Limited Company owns 0% invested in Greif, Inc. (NYSE:GEF) for 756 shares. Raymond James Assoc holds 0% or 18,162 shares in its portfolio. Gamco Investors Et Al holds 0.32% or 912,140 shares. Ameriprise Inc holds 0% or 172,931 shares in its portfolio. Commonwealth Of Pennsylvania School Empls Retrmt Systems stated it has 0.01% of its portfolio in Greif, Inc. (NYSE:GEF). Ubs Asset Management Americas Inc holds 18,759 shares or 0% of its portfolio. Lucus Advisors Lc has 4,171 shares. Citigroup invested in 9,333 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mngmt Corporation reported 26,700 shares. American Century Cos owns 0.01% invested in Greif, Inc. (NYSE:GEF) for 173,018 shares. Envestnet Asset Mngmt owns 0% invested in Greif, Inc. (NYSE:GEF) for 235 shares. Strs Ohio owns 11,200 shares. 465,658 are owned by Prudential Incorporated. Sei Investments accumulated 0% or 50 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. The firm has “Buy” rating by Bank of America given on Tuesday, January 2. The company was maintained on Tuesday, May 22 by Bank of America. The stock has “Buy” rating by Bank of America on Tuesday, March 13. The firm earned “Buy” rating on Wednesday, February 21 by Wells Fargo. As per Thursday, March 1, the company rating was maintained by KeyBanc Capital Markets. The stock of Greif, Inc. (NYSE:GEF) earned “Hold” rating by Bank of America on Monday, April 2. BMO Capital Markets upgraded it to “Buy” rating and $6000 target in Sunday, April 1 report.

More important recent Greif, Inc. (NYSE:GEF) news were published by: Benzinga.com which released: “Greif Q2 Earnings Preview” on June 06, 2018, also Seekingalpha.com published article titled: “Greif, Inc. (GEF) CEO Pete Watson on Q2 2018 Results – Earnings Call Transcript”, Seekingalpha.com published: “Greif, Inc. 2018 Q2 – Results – Earnings Call Slides” on June 07, 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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