100,000 Shares in Greenbrier Companies, Inc. (The) $GBX Bought by Heartland Advisors Inc.

Heartland Advisors Inc. acquired a new position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 100,000 shares of the transportation company’s stock, valued at approximately $4,901,000. Heartland Advisors Inc. owned about 0.32% of Greenbrier Companies as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Gen Wealth Partners Inc bought a new stake in shares of Greenbrier Companies in the 4th quarter worth approximately $38,000. Meeder Asset Management Inc. purchased a new position in Greenbrier Companies in the first quarter valued at approximately $54,000. Quarry LP grew its holdings in Greenbrier Companies by 6,900.0% during the third quarter. Quarry LP now owns 1,120 shares of the transportation company’s stock valued at $52,000 after purchasing an additional 1,104 shares during the period. Danske Bank A S bought a new position in Greenbrier Companies during the fourth quarter valued at $61,000. Finally, State of Wyoming purchased a new stake in Greenbrier Companies in the first quarter worth $149,000. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Greenbrier Companies Price Performance

Shares of GBX stock opened at $46.05 on Friday. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of 13.66 and a beta of 1.43. The company’s fifty day simple moving average is $48.53 and its two-hundred day simple moving average is $50.49. Greenbrier Companies, Inc. has a 1 year low of $38.23 and a 1 year high of $59.19.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings results on Wednesday, July 1st. The transportation company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.03. Greenbrier Companies had a return on equity of 6.49% and a net margin of 4.07%.The firm had revenue of $576.50 million during the quarter, compared to analyst estimates of $612.69 million. During the same period last year, the company earned $1.86 earnings per share. The business’s revenue for the quarter was down 31.6% on a year-over-year basis. Equities research analysts anticipate that Greenbrier Companies, Inc. will post 3.1 EPS for the current year.

Greenbrier Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 6th. Stockholders of record on Thursday, July 16th were given a dividend of $0.34 per share. The ex-dividend date was Thursday, July 16th. This represents a $1.36 annualized dividend and a dividend yield of 3.0%. Greenbrier Companies’s dividend payout ratio is currently 40.36%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Weiss Ratings lowered Greenbrier Companies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 5th. Susquehanna downgraded Greenbrier Companies from a “positive” rating to a “neutral” rating and set a $52.00 price target for the company. in a research note on Thursday, July 2nd. Zacks Research raised Greenbrier Companies from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. Finally, Wall Street Zen upgraded Greenbrier Companies from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $45.00.

About Greenbrier Companies

The Greenbrier Companies, headquartered in Lake Oswego, Oregon, is a leading supplier of freight transportation equipment and services. The company designs, engineers and manufactures railroad freight cars—such as intermodal well cars, covered hoppers, tank cars and double-stack cars—as well as marine barges for domestic and international customers. Beyond original equipment production, Greenbrier provides aftermarket services including maintenance, repair, refurbishment and mechanical overhauls under long-term service agreements.

Greenbrier’s operations are organized into OEM and aftermarket segments, with manufacturing facilities and engineering centers across North America, Europe and Russia.