Cubist Systematic Strategies LLC Raises Stake in The Greenbrier Companies, Inc. (NYSE:GBX)

Cubist Systematic Strategies LLC raised its holdings in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 59.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 102,845 shares of the transportation company’s stock after purchasing an additional 38,491 shares during the period. Cubist Systematic Strategies LLC’s holdings in Greenbrier Companies were worth $6,273,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in GBX. Values First Advisors Inc. increased its position in Greenbrier Companies by 3.8% during the 4th quarter. Values First Advisors Inc. now owns 4,134 shares of the transportation company’s stock valued at $252,000 after buying an additional 151 shares in the last quarter. Alliancebernstein L.P. boosted its stake in Greenbrier Companies by 0.6% in the 4th quarter. Alliancebernstein L.P. now owns 32,993 shares of the transportation company’s stock worth $2,012,000 after purchasing an additional 196 shares in the last quarter. Cullen Investment Group LTD. grew its holdings in shares of Greenbrier Companies by 1.0% during the fourth quarter. Cullen Investment Group LTD. now owns 19,675 shares of the transportation company’s stock valued at $1,200,000 after buying an additional 204 shares during the last quarter. Carolina Wealth Advisors LLC boosted its stake in Greenbrier Companies by 2.4% during the 4th quarter. Carolina Wealth Advisors LLC now owns 13,859 shares of the transportation company’s stock valued at $845,000 after purchasing an additional 331 shares during the last quarter. Finally, Quarry LP boosted its position in shares of Greenbrier Companies by 892.7% during the fourth quarter. Quarry LP now owns 407 shares of the transportation company’s stock valued at $25,000 after buying an additional 366 shares during the last quarter. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Greenbrier Companies Stock Performance

GBX opened at $44.75 on Friday. The company has a 50 day simple moving average of $47.64 and a two-hundred day simple moving average of $57.95. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.53 and a quick ratio of 0.84. The firm has a market cap of $1.40 billion, a P/E ratio of 7.81, a PEG ratio of 0.80 and a beta of 1.79. The Greenbrier Companies, Inc. has a 1-year low of $37.77 and a 1-year high of $71.06.

Greenbrier Companies (NYSE:GBX) last issued its earnings results on Monday, April 7th. The transportation company reported $1.69 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.09). The firm had revenue of $762.10 million during the quarter, compared to the consensus estimate of $898.53 million. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The company’s quarterly revenue was down 11.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.03 EPS. Equities analysts forecast that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 13th. Investors of record on Tuesday, April 22nd will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 2.86%. The ex-dividend date of this dividend is Tuesday, April 22nd. This is an increase from Greenbrier Companies’s previous quarterly dividend of $0.30. Greenbrier Companies’s dividend payout ratio (DPR) is 20.45%.

Analyst Ratings Changes

Several analysts recently commented on GBX shares. Bank of America lifted their price objective on Greenbrier Companies from $60.00 to $62.00 and gave the stock an “underperform” rating in a report on Thursday, January 9th. Susquehanna lowered their target price on Greenbrier Companies from $75.00 to $52.00 and set a “positive” rating on the stock in a research report on Tuesday, April 8th.

About Greenbrier Companies

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.