Paladin Partners LLC Takes $1.05 Million Position in Greif Bros. Corporation $GEF.B

Paladin Partners LLC bought a new position in Greif Bros. Corporation (NYSE:GEF.B) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 11,216 shares of the industrial products company’s stock, valued at approximately $1,049,000. Greif Bros. accounts for about 0.7% of Paladin Partners LLC’s holdings, making the stock its 23rd biggest holding.

Greif Bros. Trading Down 0.5%

Shares of NYSE GEF.B opened at $110.18 on Tuesday. Greif Bros. Corporation has a 1 year low of $57.63 and a 1 year high of $113.89. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.29 and a quick ratio of 0.99. The firm has a 50-day moving average of $95.91 and a 200 day moving average of $88.57. The stock has a market cap of $5.09 billion, a P/E ratio of 30.95 and a beta of 0.58.

Greif Bros. (NYSE:GEF.B) last announced its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $2.46 earnings per share for the quarter. Greif Bros. had a net margin of 7.53% and a return on equity of 13.66%. The business had revenue of $1.17 billion for the quarter.

Greif Bros. Profile

Greif, Inc (NYSE: GEF.B) is a global industrial packaging company with roots tracing back to its founding by the Greif brothers in 1877. Over more than a century of operation, the company has evolved from a regional barrel maker into a diversified supplier of industrial packaging products and services. Headquartered in the United States, Greif combines a long heritage of manufacturing expertise with a strategic focus on innovation and sustainability.

The company’s core offerings span a broad range of packaging solutions.