Crown Advisors Management Inc. Purchases New Position in Greenbrier Companies, Inc. (The) $GBX

Crown Advisors Management Inc. acquired a new position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBXFree Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 35,000 shares of the transportation company’s stock, valued at approximately $1,715,000. Crown Advisors Management Inc. owned about 0.11% of Greenbrier Companies at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC raised its holdings in Greenbrier Companies by 19.9% in the first quarter. AQR Capital Management LLC now owns 13,053 shares of the transportation company’s stock worth $669,000 after purchasing an additional 2,170 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Greenbrier Companies by 3.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 84,399 shares of the transportation company’s stock valued at $4,323,000 after buying an additional 3,121 shares during the period. Intech Investment Management LLC grew its holdings in shares of Greenbrier Companies by 22.4% in the 1st quarter. Intech Investment Management LLC now owns 33,244 shares of the transportation company’s stock valued at $1,703,000 after buying an additional 6,073 shares during the period. Hsbc Holdings PLC increased its position in shares of Greenbrier Companies by 85.3% in the 2nd quarter. Hsbc Holdings PLC now owns 12,002 shares of the transportation company’s stock valued at $557,000 after buying an additional 5,525 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of Greenbrier Companies by 9.0% in the 2nd quarter. Invesco Ltd. now owns 477,218 shares of the transportation company’s stock valued at $21,976,000 after buying an additional 39,350 shares in the last quarter. Institutional investors and hedge funds own 95.59% of the company’s stock.

Greenbrier Companies Price Performance

GBX stock opened at $45.35 on Monday. The stock has a market capitalization of $1.40 billion, a P/E ratio of 13.46 and a beta of 1.43. The business has a 50-day moving average of $48.72 and a 200-day moving average of $50.64. Greenbrier Companies, Inc. has a fifty-two week low of $38.23 and a fifty-two week high of $59.19.

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

Greenbrier Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 6th. Stockholders of record on Thursday, July 16th were issued a $0.34 dividend. The ex-dividend date was Thursday, July 16th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.0%. Greenbrier Companies’s dividend payout ratio (DPR) is 40.36%.

Analyst Ratings Changes

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

Get Our Latest Report on GBX

Greenbrier Companies Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Greenbrier Companies (NYSE:GBX)

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