Federated Investors Inc. PA increased its stake in Greenbrier Companies, Inc. (The) (NYSE:GBX) by 3.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 213,150 shares of the transportation company’s stock after buying an additional 6,198 shares during the period. Federated Investors Inc. PA owned approximately 0.75% of Greenbrier Companies, Inc. (The) worth $9,859,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Ameritas Investment Partners Inc. acquired a new stake in Greenbrier Companies, Inc. (The) during the first quarter valued at approximately $101,000. State of Alaska Department of Revenue raised its stake in Greenbrier Companies, Inc. (The) by 2.6% in the first quarter. State of Alaska Department of Revenue now owns 3,130 shares of the transportation company’s stock valued at $134,000 after buying an additional 80 shares in the last quarter. Stifel Financial Corp acquired a new stake in Greenbrier Companies, Inc. (The) during the first quarter valued at approximately $202,000. Cim Investment Mangement Inc. acquired a new stake in Greenbrier Companies, Inc. (The) during the first quarter valued at approximately $204,000. Finally, US Bancorp DE raised its stake in Greenbrier Companies, Inc. (The) by 18.5% in the second quarter. US Bancorp DE now owns 5,125 shares of the transportation company’s stock valued at $237,000 after buying an additional 800 shares in the last quarter.

Greenbrier Companies, Inc. (GBX) opened at 43.20 on Tuesday. The company’s 50 day moving average is $44.46 and its 200 day moving average is $44.60. Greenbrier Companies, Inc. has a 52 week low of $28.95 and a 52 week high of $51.25. The stock has a market cap of $1.23 billion, a P/E ratio of 10.90 and a beta of 1.86.

Greenbrier Companies, Inc. (The) (NYSE:GBX) last posted its earnings results on Thursday, June 29th. The transportation company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.21. Greenbrier Companies, Inc. (The) had a return on equity of 11.74% and a net margin of 5.85%. The business had revenue of $439.20 million during the quarter, compared to analysts’ expectations of $516.17 million. During the same period in the prior year, the business earned $1.12 EPS. Greenbrier Companies, Inc. (The)’s revenue for the quarter was down 28.3% compared to the same quarter last year. Equities analysts predict that Greenbrier Companies, Inc. will post $3.54 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 8th. Investors of record on Tuesday, July 18th were paid a dividend of $0.22 per share. The ex-dividend date was Friday, July 14th. This represents a $0.88 dividend on an annualized basis and a yield of 2.04%. Greenbrier Companies, Inc. (The)’s payout ratio is 22.17%.

ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by Watch List News and is owned by of Watch List News. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of U.S. and international trademark & copyright laws. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/greenbrier-companies-inc-the-gbx-stake-increased-by-federated-investors-inc-pa/1529196.html.

Several analysts have recently commented on the stock. Cowen and Company reiterated a “buy” rating and issued a $57.00 price target on shares of Greenbrier Companies, Inc. (The) in a research report on Monday. BidaskClub lowered shares of Greenbrier Companies, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Sunday, August 20th. Zacks Investment Research lowered shares of Greenbrier Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. Stifel Nicolaus upgraded shares of Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and increased their price target for the company from $48.00 to $51.00 in a research report on Monday, July 17th. Finally, Bank of America Corporation upgraded shares of Greenbrier Companies, Inc. (The) from a “neutral” rating to a “buy” rating and increased their price target for the company from $49.00 to $59.00 in a research report on Tuesday, July 4th. Five research analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $45.28.

In related news, VP Anne Manning sold 6,000 shares of the stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $46.55, for a total transaction of $279,300.00. Following the completion of the sale, the vice president now directly owns 11,939 shares of the company’s stock, valued at approximately $555,760.45. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Alejandro Centurion sold 3,000 shares of the stock in a transaction that occurred on Wednesday, July 12th. The stock was sold at an average price of $43.30, for a total value of $129,900.00. Following the sale, the executive vice president now directly owns 17,583 shares of the company’s stock, valued at $761,343.90. The disclosure for this sale can be found here. Over the last three months, insiders have sold 12,000 shares of company stock valued at $538,350. 4.60% of the stock is owned by company insiders.

About Greenbrier Companies, Inc. (The)

The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.

Want to see what other hedge funds are holding GBX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Greenbrier Companies, Inc. (The) (NYSE:GBX).

Institutional Ownership by Quarter for Greenbrier Companies, Inc. (The) (NYSE:GBX)

Receive News & Ratings for Greenbrier Companies Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greenbrier Companies Inc. (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.