Curat Global LLC Takes $56,000 Position in The Greenbrier Companies, Inc. (NYSE:GBX)

Curat Global LLC bought a new stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX) in the first quarter, Holdings Channel.com reports. The fund bought 1,100 shares of the transportation company’s stock, valued at approximately $56,000.

A number of other large investors have also recently made changes to their positions in the stock. NBC Securities Inc. boosted its stake in shares of Greenbrier Companies by 108,700.0% during the first quarter. NBC Securities Inc. now owns 1,088 shares of the transportation company’s stock valued at $55,000 after purchasing an additional 1,087 shares during the period. GAMMA Investing LLC boosted its stake in shares of Greenbrier Companies by 6,100.3% during the first quarter. GAMMA Investing LLC now owns 38,876 shares of the transportation company’s stock valued at $1,991,000 after purchasing an additional 38,249 shares during the period. Versant Capital Management Inc boosted its stake in shares of Greenbrier Companies by 44.7% during the first quarter. Versant Capital Management Inc now owns 690 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 213 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Greenbrier Companies during the fourth quarter valued at $6,837,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Greenbrier Companies during the fourth quarter valued at $65,000. 95.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Susquehanna lowered their target price on shares of Greenbrier Companies from $75.00 to $52.00 and set a “positive” rating for the company in a research note on Tuesday, April 8th.

Greenbrier Companies Stock Performance

GBX stock opened at $45.74 on Friday. 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 business has a 50-day moving average price of $44.14 and a 200 day moving average price of $55.59. The company has a market capitalization of $1.44 billion, a P/E ratio of 7.98, a PEG ratio of 0.80 and a beta of 1.73. 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 released its quarterly earnings data 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 net margin of 5.10% and a return on equity of 12.10%. The business’s revenue was down 11.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.03 earnings per share. As a group, equities research analysts forecast that The Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Tuesday, April 22nd were issued a $0.32 dividend. This is an increase from Greenbrier Companies’s previous quarterly dividend of $0.30. This represents a $1.28 annualized dividend and a dividend yield of 2.80%. The ex-dividend date of this dividend was Tuesday, April 22nd. Greenbrier Companies’s payout ratio is presently 20.45%.

Insider Activity at Greenbrier Companies

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of the business’s stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $48.00, for a total value of $96,000.00. Following the completion of the transaction, the chief operating officer now directly owns 36,714 shares in the company, valued at approximately $1,762,272. The trade was a 5.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.78% of the stock is currently owned by corporate insiders.

Greenbrier Companies Company 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.