14,148 Shares in Greenbrier Companies, Inc. (The) $GBX Purchased by Mangrove Partners IM LLC

Mangrove Partners IM LLC acquired a new position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 14,148 shares of the transportation company’s stock, valued at approximately $661,000.

A number of other large investors have also added to or reduced their stakes in GBX. Gen Wealth Partners Inc bought a new stake in Greenbrier Companies during the 4th quarter worth approximately $38,000. Quarry LP lifted its position 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 last quarter. Danske Bank A S bought a new stake in Greenbrier Companies during the fourth quarter valued at approximately $61,000. Tower Research Capital LLC TRC lifted its position in Greenbrier Companies by 282.4% during the second quarter. Tower Research Capital LLC TRC now owns 3,040 shares of the transportation company’s stock valued at $140,000 after purchasing an additional 2,245 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in Greenbrier Companies during the third quarter valued at approximately $180,000. Hedge funds and other institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Trading Up 1.8%

Shares of Greenbrier Companies stock opened at $49.30 on Wednesday. The company’s fifty day simple moving average is $48.89 and its two-hundred day simple moving average is $50.26. The company has a market cap of $1.53 billion, a P/E ratio of 10.65 and a beta of 1.44. Greenbrier Companies, Inc. has a 12-month low of $38.23 and a 12-month high of $59.19.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings data on Tuesday, April 7th. The transportation company reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.35). The company had revenue of $587.50 million for the quarter, compared to analysts’ expectations of $667.02 million. Greenbrier Companies had a net margin of 5.12% and a return on equity of 8.94%. The firm’s revenue for the quarter was down 22.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.56 earnings per share. Analysts predict that Greenbrier Companies, Inc. will post 3.2 EPS for the current fiscal year.

Greenbrier Companies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, April 20th were paid a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Monday, April 20th. This is a positive change from Greenbrier Companies’s previous quarterly dividend of $0.32. Greenbrier Companies’s dividend payout ratio (DPR) is 29.37%.

Wall Street Analysts Forecast Growth

GBX has been the subject of several research analyst reports. Zacks Research upgraded shares of Greenbrier Companies from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. Weiss Ratings downgraded shares of Greenbrier Companies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 5th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $49.00.

Greenbrier Companies Profile

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.