Greenbrier Companies, Inc. (The) $GBX Stock Holdings Lifted by Raiffeisen Bank International AG

Raiffeisen Bank International AG grew its position in Greenbrier Companies, Inc. (The) (NYSE:GBX) by 15.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,021 shares of the transportation company’s stock after purchasing an additional 2,318 shares during the period. Raiffeisen Bank International AG owned about 0.06% of Greenbrier Companies worth $787,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Fox Run Management L.L.C. increased its holdings in Greenbrier Companies by 2.1% in the first quarter. Fox Run Management L.L.C. now owns 16,271 shares of the transportation company’s stock worth $833,000 after buying an additional 327 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Greenbrier Companies by 7.4% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,059 shares of the transportation company’s stock worth $371,000 after acquiring an additional 555 shares in the last quarter. US Bancorp DE grew its position in Greenbrier Companies by 111.1% in the first quarter. US Bancorp DE now owns 1,121 shares of the transportation company’s stock worth $57,000 after acquiring an additional 590 shares in the last quarter. Moors & Cabot Inc. increased its stake in shares of Greenbrier Companies by 5.9% during the 2nd quarter. Moors & Cabot Inc. now owns 12,650 shares of the transportation company’s stock worth $583,000 after purchasing an additional 700 shares during the last quarter. Finally, Sittner & Nelson LLC raised its holdings in shares of Greenbrier Companies by 1.5% during the 2nd quarter. Sittner & Nelson LLC now owns 51,233 shares of the transportation company’s stock valued at $2,359,000 after purchasing an additional 777 shares in the last quarter. 95.59% of the stock is currently owned by institutional investors and hedge funds.

Greenbrier Companies Stock Up 1.1%

Greenbrier Companies stock opened at $42.15 on Wednesday. The company has a debt-to-equity ratio of 1.03, a current ratio of 2.43 and a quick ratio of 0.82. Greenbrier Companies, Inc. has a fifty-two week low of $37.77 and a fifty-two week high of $71.06. The firm has a fifty day moving average price of $44.72 and a two-hundred day moving average price of $46.23. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 6.69, a P/E/G ratio of 1.82 and a beta of 1.75.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings results on Wednesday, May 31st. The transportation company reported $0.05 earnings per share (EPS) for the quarter. Greenbrier Companies had a return on equity of 12.90% and a net margin of 6.30%.The company had revenue of $766.50 million for the quarter. As a group, analysts forecast that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 3rd. Shareholders of record on Wednesday, November 12th will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Wednesday, November 12th. Greenbrier Companies’s payout ratio is currently 20.32%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on GBX shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Greenbrier Companies in a report on Wednesday, October 8th. Zacks Research cut Greenbrier Companies from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 30th. Susquehanna lowered their price objective on Greenbrier Companies from $57.00 to $52.00 and set a “positive” rating on the stock in a report on Wednesday, October 29th. Finally, Wall Street Zen downgraded Greenbrier Companies from a “strong-buy” rating to a “hold” rating in a research note on Saturday, November 1st. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $57.00.

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.