Empowered Funds LLC Raises Position in The Greenbrier Companies, Inc. (NYSE:GBX)

Empowered Funds LLC grew its holdings in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 9.8% in the fourth quarter, HoldingsChannel reports. The fund owned 166,726 shares of the transportation company’s stock after purchasing an additional 14,912 shares during the quarter. Empowered Funds LLC’s holdings in Greenbrier Companies were worth $10,169,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. R Squared Ltd purchased a new position in Greenbrier Companies during the fourth quarter valued at approximately $26,000. GAMMA Investing LLC raised its position in shares of Greenbrier Companies by 60.9% during the 3rd quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 207 shares during the period. Gladius Capital Management LP bought a new stake in shares of Greenbrier Companies during the 3rd quarter valued at $32,000. NBC Securities Inc. purchased a new position in shares of Greenbrier Companies during the 3rd quarter valued at $55,000. Finally, KBC Group NV boosted its holdings in Greenbrier Companies by 57.8% in the 4th quarter. KBC Group NV now owns 1,466 shares of the transportation company’s stock worth $89,000 after buying an additional 537 shares during the period. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Greenbrier Companies Stock Down 0.6 %

Shares of GBX stock opened at $64.83 on Monday. The company’s fifty day simple moving average is $65.09 and its two-hundred day simple moving average is $57.32. The Greenbrier Companies, Inc. has a 52 week low of $41.40 and a 52 week high of $71.06. The stock has a market cap of $2.03 billion, a P/E ratio of 11.31, a PEG ratio of 0.94 and a beta of 1.52. The company has a quick ratio of 0.84, a current ratio of 1.53 and a debt-to-equity ratio of 0.89.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings results on Wednesday, January 8th. The transportation company reported $1.72 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.56. The company had revenue of $875.90 million during the quarter, compared to analyst estimates of $849.51 million. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The firm’s revenue was up 8.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.96 earnings per share. Analysts predict that The Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date of this dividend is Wednesday, January 29th. Greenbrier Companies’s dividend payout ratio (DPR) is presently 20.94%.

Wall Street Analyst Weigh In

GBX has been the topic of a number of recent analyst reports. Susquehanna raised their price target on Greenbrier Companies from $63.00 to $65.00 and gave the company a “positive” rating in a report on Monday, October 21st. Bank of America lifted their target price on Greenbrier Companies from $60.00 to $62.00 and gave the company an “underperform” rating in a research note on Thursday, January 9th. Two equities research analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to data from MarketBeat, Greenbrier Companies has an average rating of “Hold” and an average price target of $63.00.

Insider Buying and Selling

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of the stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $63.21, for a total transaction of $126,420.00. Following the completion of the transaction, the chief operating officer now owns 42,714 shares in the company, valued at $2,699,951.94. This trade represents a 4.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.78% of the stock is currently owned by company insiders.

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.