<div id="readability-page-1"><p>Thrivent Financial for Lutherans decreased its position in shares of  Greif, Inc. (NYSE:GEF - Free Report) by 12.5% during the second quarter, according to the company in its most recent disclosure with the Securities &amp; Exchange Commission. The fund owned 841,088 shares of the industrial products company's stock after selling 119,817 shares during the quarter. Thrivent Financial for Lutherans owned 1.77% of Greif worth $54,663,000 as of its most recent filing with the Securities &amp; Exchange Commission.</p><ul><li>Is Consumer Discretionary a Dead End? These 3 Stocks Say No</li></ul><p>Other hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its position in  Greif by 21.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 131,131 shares of the industrial products company's stock worth $8,522,000 after buying an additional 23,422 shares during the last quarter.  Charles Schwab Investment Management Inc. grew its stake in shares of  Greif by 4.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 596,557 shares of the industrial products company's stock worth $32,805,000 after acquiring an additional 27,832 shares during the period.  Dynamic Technology Lab Private Ltd purchased a new position in shares of  Greif during the second quarter valued at approximately $1,061,000.  American Century Companies Inc. bought a new position in  Greif during the first quarter valued at approximately $1,167,000.  Finally, UniSuper Management Pty Ltd purchased a new stake in  Greif in the first quarter worth approximately $654,000. 45.74% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Insider Activity</h2><p>In other news, EVP Gary R. Martz sold 5,000 shares of the stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $60.48, for a total value of $302,400.00. Following the completion of the sale, the executive vice president directly owned 28,100 shares of the company's stock, valued at $1,699,488. This represents a 15.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Lawrence A. Hilsheimer acquired 1,000 shares of the firm's stock in a transaction dated Tuesday, November 18th. The shares were purchased at an average price of $65.49 per share, for a total transaction of $65,490.00. Following the completion of the transaction, the chief financial officer directly owned 198,444 shares in the company, valued at approximately $12,996,097.56. This trade represents a 0.51% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders purchased 32,293 shares of company stock valued at $2,145,733 and sold 60,851 shares valued at $3,702,203. 7.60% of the stock is owned by corporate insiders. </p><h2>Greif Stock Performance</h2><ul><li>3 Stocks That Wall Street Insiders Can’t Stop Buying</li></ul><p>NYSE:GEF opened at $68.41 on Monday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.18 and a current ratio of 1.41. The stock has a 50-day simple moving average of $61.17 and a two-hundred day simple moving average of $63.00. The firm has a market capitalization of $3.25 billion, a PE ratio of 21.72 and a beta of 0.95. Greif, Inc. has a 52-week low of $48.23 and a 52-week high of $70.47. </p><h2>Greif Dividend Announcement</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 1st. Investors of record on Thursday, December 18th will be paid a dividend of $0.56 per share. The ex-dividend date is Thursday, December 18th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 3.3%. Greif's payout ratio is 71.11%. </p><h2>Analysts Set New Price Targets</h2><p>A number of equities research analysts have weighed in on the stock. Wall Street Zen upgraded shares of Greif from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research note on Saturday, December 6th. Truist Financial reduced their price objective on Greif from $72.00 to $71.00 and set a &#34;hold&#34; rating for the company in a research report on Monday, September 8th. Bank of America dropped their target price on Greif from $77.00 to $71.00 and set a &#34;neutral&#34; rating on the stock in a research report on Tuesday, September 2nd. Weiss Ratings  restated a &#34;hold (c)&#34; rating on shares of Greif in a research note on Wednesday, October 8th. Finally, Zacks Research cut shares of Greif from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a research note on Tuesday, December 2nd. One analyst  has rated the stock with a Buy rating, four have given a Hold rating and one  has given a Sell rating to the stock. According to data from MarketBeat.com, the company  has an average rating of &#34;Hold&#34; and an average price target of $69.50.</p><p><b>Read Our Latest Stock Analysis on Greif</b></p><h2>About Greif</h2> (Free Report)<p>Greif, Inc engages in the production and sale of industrial packaging products and services worldwide. The company operates through Global Industrial Packaging; Paper Packaging &amp; Services; and Land Management segments. The Global Industrial Packaging segment produces and sells industrial packaging products, including steel, fiber, and plastic drums; rigid and flexible intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and various services, such as container life cycle management, filling, logistics, warehousing, and other packaging services to chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agriculture, pharmaceuticals, mineral product, and other industries.</p><h2>Read More</h2><ul><li>Five stocks we like better than Greif</li><li>3 Stocks to Protect Your Portfolio from the Coronavirus Contagion </li><li>Dave &amp; Buster’s Reversal Is in PLAY After Double-Bottom Breakout</li><li>Investing In Preferred Stock vs. Common Stock</li><li>3 Finance Stocks to Buy on Rising 10-Year Treasury Rates</li><li>Growth Stocks: What They Are, What They Are Not</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUdFRg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUdFRg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Greif Right Now?</h2><p>Before you consider Greif, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Greif wasn't on the list.</p><p>While Greif currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Thrivent Financial for Lutherans reduced its stake in Greif, Inc. by 12.5% in Q2, selling 119,817 shares. The fund now owns 841,088 shares worth $54.66 million. Other hedge funds also adjusted their positions in Greif. Insider activities included EVP Gary R. Martz selling 5,000 shares and CFO Lawrence A. Hilsheimer buying 1,000 shares. Greif's stock opened at $68.41 with a market cap of $3.25 billion. Analysts have mixed ratings on the stock, with recent price target adjustments.</p>

Thrivent Financial for Lutherans Sells 119,817 Shares of Greif, Inc. $GEF