von Borstel & Associates Inc. Reduces Position in The Greenbrier Companies, Inc. (NYSE:GBX)

von Borstel & Associates Inc. decreased its holdings in The Greenbrier Companies, Inc. (NYSE:GBX) by 26.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 26,252 shares of the transportation company’s stock after selling 9,587 shares during the period. Greenbrier Companies makes up approximately 0.6% of von Borstel & Associates Inc.’s investment portfolio, making the stock its 14th largest position. von Borstel & Associates Inc.’s holdings in Greenbrier Companies were worth $1,601,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of GBX. Segall Bryant & Hamill LLC lifted its position in Greenbrier Companies by 1.5% during the third quarter. Segall Bryant & Hamill LLC now owns 104,368 shares of the transportation company’s stock worth $5,311,000 after buying an additional 1,498 shares in the last quarter. Moors & Cabot Inc. raised its holdings in shares of Greenbrier Companies by 2.0% during the 3rd quarter. Moors & Cabot Inc. now owns 24,950 shares of the transportation company’s stock worth $1,270,000 after acquiring an additional 500 shares during the period. Intech Investment Management LLC boosted its position in shares of Greenbrier Companies by 51.7% during the 3rd quarter. Intech Investment Management LLC now owns 14,819 shares of the transportation company’s stock valued at $754,000 after acquiring an additional 5,050 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Greenbrier Companies by 0.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 628,923 shares of the transportation company’s stock valued at $32,006,000 after purchasing an additional 2,536 shares during the period. Finally, Truvestments Capital LLC increased its position in Greenbrier Companies by 15.5% during the third quarter. Truvestments Capital LLC now owns 66,480 shares of the transportation company’s stock worth $3,383,000 after purchasing an additional 8,916 shares during the last quarter. 95.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Bank of America increased their price target on shares of 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 company’s stock. Based on data from MarketBeat, Greenbrier Companies currently has an average rating of “Hold” and an average target price of $63.00.

Insider Activity

In related news, COO William J. Krueger sold 2,000 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $63.21, for a total transaction of $126,420.00. Following the transaction, the chief operating officer now owns 42,714 shares of the company’s stock, valued at approximately $2,699,951.94. This represents a 4.47 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 company has a market capitalization of $1.69 billion, a price-to-earnings ratio of 9.38, a PEG ratio of 0.80 and a beta of 1.62. The Greenbrier Companies, Inc. has a 12-month low of $41.40 and a 12-month high of $71.06. The business has a 50-day moving average price of $60.51 and a 200 day moving average price of $59.16. The company has a current ratio of 1.53, a quick ratio of 0.84 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 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.56. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The business had revenue of $875.90 million during the quarter, compared to analysts’ expectations of $849.51 million. During the same period last year, the business earned $0.96 earnings per share. The business’s revenue for the quarter was up 8.3% on a year-over-year basis. Sell-side analysts expect that The Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were given a dividend of $0.30 per share. The ex-dividend date was Wednesday, January 29th. This represents a $1.20 annualized dividend and a dividend yield of 2.23%. Greenbrier Companies’s dividend payout ratio is currently 20.94%.

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.