Greenbrier Companies, Inc. (The) $GBX Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP trimmed its holdings in Greenbrier Companies, Inc. (The) (NYSE:GBX) by 42.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 23,761 shares of the transportation company’s stock after selling 17,345 shares during the period. GSA Capital Partners LLP’s holdings in Greenbrier Companies were worth $1,111,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of GBX. Algert Global LLC lifted its holdings in Greenbrier Companies by 106.8% in the 3rd quarter. Algert Global LLC now owns 395,503 shares of the transportation company’s stock valued at $18,260,000 after acquiring an additional 204,229 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Greenbrier Companies by 2,223.0% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 160,592 shares of the transportation company’s stock valued at $7,415,000 after acquiring an additional 153,679 shares during the last quarter. Qube Research & Technologies Ltd lifted its holdings in Greenbrier Companies by 42.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 510,505 shares of the transportation company’s stock valued at $23,509,000 after acquiring an additional 152,524 shares during the last quarter. Squarepoint Ops LLC lifted its holdings in Greenbrier Companies by 35.3% in the 3rd quarter. Squarepoint Ops LLC now owns 262,066 shares of the transportation company’s stock valued at $12,100,000 after acquiring an additional 68,380 shares during the last quarter. Finally, Lighthouse Investment Partners LLC lifted its stake in Greenbrier Companies by 263.6% during the third quarter. Lighthouse Investment Partners LLC now owns 79,209 shares of the transportation company’s stock valued at $3,657,000 after buying an additional 57,426 shares in the last quarter. 95.59% of the stock is owned by institutional investors and hedge funds.

Greenbrier Companies Trading Up 1.6%

GBX stock opened at $48.78 on Friday. Greenbrier Companies, Inc. has a one year low of $38.23 and a one year high of $59.19. The firm has a market capitalization of $1.51 billion, a PE ratio of 10.54 and a beta of 1.48. The firm has a 50-day moving average of $50.45 and a two-hundred day moving average of $49.64.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings results 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 during the quarter, compared to analysts’ expectations of $667.02 million. Greenbrier Companies had a return on equity of 8.94% and a net margin of 5.12%.Greenbrier Companies’s revenue for the quarter was down 22.9% compared to the same quarter last year. During the same period last year, the company earned $1.56 earnings per share. On average, equities research analysts anticipate that Greenbrier Companies, Inc. will post 3.2 earnings per share for the current year.

Greenbrier Companies Increases Dividend

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

Analysts Set New Price Targets

A number of analysts have commented on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Greenbrier Companies in a research note on Tuesday, April 21st. Susquehanna upped their price objective on shares of Greenbrier Companies from $52.00 to $60.00 and gave the company a “positive” rating in a research note on Monday, January 26th. Finally, Zacks Research lowered shares of Greenbrier Companies from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 9th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Greenbrier Companies has an average rating of “Reduce” and a consensus target price of $49.00.

Greenbrier Companies Company 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.