The Greenbrier Companies, Inc. (NYSE:GBX) Shares Acquired by Intech Investment Management LLC

Intech Investment Management LLC grew its position in The Greenbrier Companies, Inc. (NYSE:GBX) by 83.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 27,171 shares of the transportation company’s stock after acquiring an additional 12,352 shares during the period. Intech Investment Management LLC’s holdings in Greenbrier Companies were worth $1,657,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Jones Financial Companies Lllp raised its position in shares of Greenbrier Companies by 147.2% during the 4th quarter. Jones Financial Companies Lllp now owns 8,188 shares of the transportation company’s stock worth $499,000 after purchasing an additional 4,876 shares during the last quarter. De Lisle Partners LLP raised its position in shares of Greenbrier Companies by 36.3% during the 3rd quarter. De Lisle Partners LLP now owns 93,949 shares of the transportation company’s stock worth $4,777,000 after purchasing an additional 25,000 shares during the last quarter. Horizon Kinetics Asset Management LLC raised its position in shares of Greenbrier Companies by 112.6% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 16,050 shares of the transportation company’s stock worth $817,000 after purchasing an additional 8,500 shares during the last quarter. M3 Advisory Group LLC acquired a new position in shares of Greenbrier Companies during the 4th quarter worth about $225,000. Finally, Point72 Asset Management L.P. acquired a new position in shares of Greenbrier Companies during the 3rd quarter worth about $639,000. Institutional investors and hedge funds own 95.59% of the company’s stock.

Insider Activity

In other news, COO William J. Krueger sold 2,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $63.21, for a total value of $126,420.00. Following the completion of the sale, the chief operating officer now owns 42,714 shares of the company’s stock, valued at $2,699,951.94. This represents a 4.47 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.78% of the company’s stock.

Greenbrier Companies Stock Down 1.9 %

Shares of NYSE GBX opened at $53.78 on Friday. The Greenbrier Companies, Inc. has a 12-month low of $41.40 and a 12-month high of $71.06. The stock has a market cap of $1.69 billion, a PE ratio of 9.38, a P/E/G ratio of 0.80 and a beta of 1.62. The company has a current ratio of 1.53, a quick ratio of 0.84 and a debt-to-equity ratio of 0.89. The company has a 50-day moving average of $60.51 and a 200 day moving average of $59.16.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings data on Wednesday, January 8th. The transportation company reported $1.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.56. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The company had revenue of $875.90 million during the quarter, compared to analysts’ expectations of $849.51 million. During the same quarter in the prior year, the company earned $0.96 EPS. Greenbrier Companies’s revenue was up 8.3% compared to the same quarter last year. As a group, sell-side 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 disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $1.20 annualized dividend and a yield of 2.23%. Greenbrier Companies’s dividend payout ratio is presently 20.94%.

Wall Street Analysts Forecast Growth

Separately, Bank of America upped their price target on shares of Greenbrier Companies from $60.00 to $62.00 and gave the stock an “underperform” rating in a research report on Thursday, January 9th. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $63.00.

About Greenbrier Companies

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.