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

Paladin Partners LLC purchased a new position in Greif Bros. Corporation (NYSE:GEF.B) in the 2nd quarter, HoldingsChannel reports. The fund purchased 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 position.

Greif Bros. Stock Performance

Shares of GEF.B stock opened at $110.18 on Tuesday. Greif Bros. Corporation has a one year low of $57.63 and a one year high of $113.89. The company’s 50-day moving average is $95.91 and its 200 day moving average is $88.57. The company has a market capitalization of $5.09 billion, a price-to-earnings ratio of 30.95 and a beta of 0.58. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.99 and a current ratio of 1.29.

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

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.