The Greenbrier Companies, Inc. (NYSE:GBX) is Truvestments Capital LLC’s 10th Largest Position

Truvestments Capital LLC grew its position in The Greenbrier Companies, Inc. (NYSE:GBX) by 7.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 71,269 shares of the transportation company’s stock after buying an additional 4,789 shares during the period. Greenbrier Companies makes up about 1.1% of Truvestments Capital LLC’s investment portfolio, making the stock its 10th largest holding. Truvestments Capital LLC’s holdings in Greenbrier Companies were worth $4,347,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. R Squared Ltd bought a new stake in Greenbrier Companies during the fourth quarter valued at approximately $26,000. Gladius Capital Management LP purchased a new stake in Greenbrier Companies during the third quarter valued at $32,000. Smartleaf Asset Management LLC increased its position in Greenbrier Companies by 241.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company’s stock valued at $56,000 after acquiring an additional 644 shares during the last quarter. KBC Group NV grew its holdings in shares of Greenbrier Companies by 57.8% in the fourth quarter. KBC Group NV now owns 1,466 shares of the transportation company’s stock worth $89,000 after purchasing an additional 537 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Greenbrier Companies in the third quarter worth about $107,000. 95.59% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, COO William J. Krueger sold 2,000 shares of the firm’s stock in a transaction that occurred 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 sale, the chief operating officer now owns 42,714 shares of the company’s stock, valued at $2,699,951.94. This trade represents a 4.47 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.78% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

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

Greenbrier Companies Stock Performance

GBX stock opened at $54.93 on Wednesday. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 9.59, a PEG ratio of 0.80 and a beta of 1.62. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.84 and a current ratio of 1.53. The firm has a 50-day simple moving average of $61.57 and a two-hundred day simple moving average of $58.94. The Greenbrier Companies, Inc. has a one year low of $41.40 and a one year high of $71.06.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings data on Wednesday, January 8th. The transportation company reported $1.72 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 firm had revenue of $875.90 million during the quarter, compared to analyst estimates of $849.51 million. During the same period last year, the firm posted $0.96 EPS. Greenbrier Companies’s revenue was up 8.3% on a year-over-year basis. On average, equities analysts forecast that The Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were issued a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $1.20 annualized dividend and a yield of 2.18%. Greenbrier Companies’s dividend payout ratio (DPR) is presently 20.94%.

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.