The Greenbrier Companies, Inc. (NYSE:GBX) Shares Purchased by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC increased its holdings in The Greenbrier Companies, Inc. (NYSE:GBX) by 16.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 117,388 shares of the transportation company’s stock after buying an additional 16,680 shares during the quarter. Kovitz Investment Group Partners LLC owned about 0.37% of Greenbrier Companies worth $5,950,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in shares of Greenbrier Companies by 60.9% in the 3rd quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 207 shares during the last quarter. SummerHaven Investment Management LLC grew its position in Greenbrier Companies by 1.7% during the 2nd quarter. SummerHaven Investment Management LLC now owns 17,083 shares of the transportation company’s stock worth $846,000 after purchasing an additional 284 shares during the period. Louisiana State Employees Retirement System grew its position in Greenbrier Companies by 1.9% during the 2nd quarter. Louisiana State Employees Retirement System now owns 15,700 shares of the transportation company’s stock worth $778,000 after purchasing an additional 300 shares during the period. Nisa Investment Advisors LLC raised its stake in shares of Greenbrier Companies by 3.8% during the 3rd quarter. Nisa Investment Advisors LLC now owns 9,939 shares of the transportation company’s stock valued at $506,000 after buying an additional 363 shares during the last quarter. Finally, Canada Pension Plan Investment Board acquired a new position in shares of Greenbrier Companies in the 2nd quarter valued at about $25,000. 95.59% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Greenbrier Companies news, SVP Ricardo Galvan sold 4,950 shares of Greenbrier Companies stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $65.00, for a total transaction of $321,750.00. Following the sale, the senior vice president now owns 27,472 shares of the company’s stock, valued at $1,785,680. The trade was a 15.27 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO William J. Krueger sold 2,389 shares of the business’s stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $62.94, for a total transaction of $150,363.66. Following the transaction, the chief operating officer now owns 50,714 shares in the company, valued at $3,191,939.16. The trade was a 4.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,703 shares of company stock worth $790,338. Insiders own 1.78% of the company’s stock.

Greenbrier Companies Stock Up 0.4 %

Greenbrier Companies stock opened at $67.49 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.58 and a quick ratio of 0.87. The stock has a market capitalization of $2.12 billion, a PE ratio of 13.58, a price-to-earnings-growth ratio of 1.98 and a beta of 1.53. The business has a 50 day simple moving average of $59.80 and a 200-day simple moving average of $52.63. The Greenbrier Companies, Inc. has a 12 month low of $38.35 and a 12 month high of $69.12.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings results on Wednesday, October 23rd. The transportation company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.32 by $0.60. The company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.05 billion. Greenbrier Companies had a net margin of 4.52% and a return on equity of 10.86%. The firm’s revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.92 EPS. On average, analysts anticipate that The Greenbrier Companies, Inc. will post 5.2 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 6th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date was Wednesday, November 6th. Greenbrier Companies’s dividend payout ratio is presently 24.14%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Susquehanna lifted their price target on Greenbrier Companies from $63.00 to $65.00 and gave the company a “positive” rating in a research report on Monday, October 21st. StockNews.com cut shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research note on Friday, August 23rd. Finally, Bank of America increased their price target on shares of Greenbrier Companies from $42.00 to $50.00 and gave the stock an “underperform” rating in a report on Thursday, October 24th. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $60.00.

Greenbrier Companies Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.