Kendall Capital Management Purchases New Position in The Greenbrier Companies, Inc. (NYSE:GBX)

Kendall Capital Management purchased a new stake in The Greenbrier Companies, Inc. (NYSE:GBX) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,030 shares of the transportation company’s stock, valued at approximately $246,000.

A number of other large investors have also recently modified their holdings of the company. Amundi boosted its holdings in shares of Greenbrier Companies by 184.0% in the fourth quarter. Amundi now owns 15,740 shares of the transportation company’s stock valued at $951,000 after purchasing an additional 10,197 shares during the period. Beacon Harbor Wealth Advisors Inc. purchased a new stake in shares of Greenbrier Companies in the fourth quarter valued at approximately $6,274,000. Cornerstone Investment Partners LLC purchased a new stake in Greenbrier Companies during the fourth quarter worth $227,000. Jones Financial Companies Lllp lifted its holdings in Greenbrier Companies by 147.2% during the fourth quarter. Jones Financial Companies Lllp now owns 8,188 shares of the transportation company’s stock worth $499,000 after buying an additional 4,876 shares during the period. Finally, Smartleaf Asset Management LLC lifted its holdings in Greenbrier Companies by 241.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company’s stock worth $56,000 after buying an additional 644 shares during the period. Hedge funds and other institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Stock Up 0.5 %

Greenbrier Companies stock opened at $55.62 on Monday. The business has a fifty day moving average of $61.84 and a two-hundred day moving average of $58.83. The firm has a market cap of $1.74 billion, a P/E ratio of 9.71, a P/E/G ratio of 0.80 and a beta of 1.62. The company has a quick ratio of 0.84, a current ratio of 1.53 and a debt-to-equity ratio of 0.89. The Greenbrier Companies, Inc. has a twelve month low of $41.40 and a twelve month high of $71.06.

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

Greenbrier Companies Announces Dividend

The firm 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. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date of this dividend was Wednesday, January 29th. Greenbrier Companies’s payout ratio is presently 20.94%.

Insider Transactions at Greenbrier Companies

In related news, COO William J. Krueger sold 2,000 shares of the company’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $63.21, for a total value of $126,420.00. Following the transaction, the chief operating officer now directly 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.78% of the company’s stock.

Wall Street Analysts Forecast Growth

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

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.