Olstein Capital Management L.P. raised its position in Greenbrier Companies, Inc. (The) (NYSE:GBX) by 9.7% during the second quarter, Holdings Channel reports. The institutional investor owned 198,574 shares of the transportation company’s stock after buying an additional 17,484 shares during the period. Greenbrier Companies, Inc. (The) makes up 1.2% of Olstein Capital Management L.P.’s portfolio, making the stock its 28th largest position. Olstein Capital Management L.P.’s holdings in Greenbrier Companies, Inc. (The) were worth $9,184,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Greenbrier Companies, Inc. (The) by 7.1% in the first quarter. Vanguard Group Inc. now owns 5,200,115 shares of the transportation company’s stock worth $224,125,000 after buying an additional 343,139 shares in the last quarter. Schroder Investment Management Group boosted its position in shares of Greenbrier Companies, Inc. (The) by 975.6% in the first quarter. Schroder Investment Management Group now owns 786,285 shares of the transportation company’s stock worth $33,928,000 after buying an additional 713,185 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of Greenbrier Companies, Inc. (The) by 14.1% in the first quarter. Victory Capital Management Inc. now owns 729,772 shares of the transportation company’s stock worth $31,454,000 after buying an additional 90,405 shares in the last quarter. State Street Corp boosted its position in shares of Greenbrier Companies, Inc. (The) by 14.3% in the first quarter. State Street Corp now owns 724,283 shares of the transportation company’s stock worth $31,217,000 after buying an additional 90,832 shares in the last quarter. Finally, OppenheimerFunds Inc. boosted its position in shares of Greenbrier Companies, Inc. (The) by 18.6% in the first quarter. OppenheimerFunds Inc. now owns 435,582 shares of the transportation company’s stock worth $18,774,000 after buying an additional 68,308 shares in the last quarter.

Shares of Greenbrier Companies, Inc. (GBX) opened at 46.20 on Tuesday. The company has a market cap of $1.32 billion, a PE ratio of 11.65 and a beta of 1.86. The company’s 50-day moving average price is $45.23 and its 200 day moving average price is $44.65. Greenbrier Companies, Inc. has a one year low of $28.95 and a one year high of $51.25.

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

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 8th. Shareholders of record on Tuesday, July 18th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Friday, July 14th. This represents a $0.88 annualized dividend and a yield of 1.90%. Greenbrier Companies, Inc. (The)’s dividend payout ratio is 22.17%.

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A number of equities research analysts have recently weighed in on GBX shares. Zacks Investment Research raised Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $52.00 price target on the stock in a report on Tuesday, June 6th. Stifel Nicolaus raised Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and lifted their price target for the company from $48.00 to $51.00 in a report on Monday, July 17th. BidaskClub raised Greenbrier Companies, Inc. (The) from a “strong sell” rating to a “sell” rating in a report on Tuesday, August 8th. Buckingham Research started coverage on Greenbrier Companies, Inc. (The) in a report on Wednesday, June 21st. They set a “neutral” rating and a $45.00 price target on the stock. Finally, Bank of America Corporation raised Greenbrier Companies, Inc. (The) from a “neutral” rating to a “buy” rating and lifted their price target for the company from $49.00 to $59.00 in a report on Tuesday, July 4th. Four investment analysts have rated the stock with a sell rating, five have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. Greenbrier Companies, Inc. (The) presently has an average rating of “Hold” and an average target price of $45.28.

In other news, EVP Alejandro Centurion sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 12th. The shares were sold at an average price of $43.30, for a total transaction of $129,900.00. Following the transaction, the executive vice president now directly owns 17,583 shares in the company, valued at $761,343.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Mark J. Rittenbaum sold 2,100 shares of the company’s stock in a transaction that occurred on Friday, May 26th. The stock was sold at an average price of $44.75, for a total transaction of $93,975.00. Following the transaction, the executive vice president now owns 63,827 shares in the company, valued at $2,856,258.25. The disclosure for this sale can be found here. Insiders have sold 14,100 shares of company stock worth $632,325 over the last ninety days. Insiders own 4.60% of the company’s stock.

Greenbrier Companies, Inc. (The) Company Profile

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.

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

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