Russell Investments Group Ltd. lowered its stake in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) by 51.9% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 73,453 shares of the transportation company’s stock after selling 79,346 shares during the period. Russell Investments Group Ltd. owned approximately 0.26% of Greenbrier Companies, Inc. (The) worth $3,397,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Louisiana State Employees Retirement System boosted its stake in shares of Greenbrier Companies, Inc. (The) by 1.8% in the first quarter. Louisiana State Employees Retirement System now owns 11,600 shares of the transportation company’s stock worth $500,000 after buying an additional 200 shares during the last quarter. Dalton Greiner Hartman Maher & Co. bought a new stake in shares of Greenbrier Companies, Inc. (The) during the second quarter worth $16,001,000. Chicago Equity Partners LLC boosted its stake in shares of Greenbrier Companies, Inc. (The) by 182.0% in the first quarter. Chicago Equity Partners LLC now owns 42,495 shares of the transportation company’s stock worth $1,832,000 after buying an additional 27,425 shares during the last quarter. California Public Employees Retirement System boosted its stake in shares of Greenbrier Companies, Inc. (The) by 2.8% in the first quarter. California Public Employees Retirement System now owns 83,900 shares of the transportation company’s stock worth $3,616,000 after buying an additional 2,300 shares during the last quarter. Finally, First Midwest Bank Trust Division boosted its stake in shares of Greenbrier Companies, Inc. (The) by 0.7% in the second quarter. First Midwest Bank Trust Division now owns 13,823 shares of the transportation company’s stock worth $639,000 after buying an additional 101 shares during the last quarter.

Shares of Greenbrier Companies, Inc. (NYSE GBX) traded down 0.46% during trading on Tuesday, reaching $43.00. The company’s stock had a trading volume of 181,495 shares. Greenbrier Companies, Inc. has a 12 month low of $28.95 and a 12 month high of $51.25. The company’s 50-day moving average is $44.46 and its 200-day moving average is $44.60. The company has a market capitalization of $1.23 billion, a P/E ratio of 10.85 and a beta of 1.86.

Greenbrier Companies, Inc. (The) (NYSE:GBX) last released its quarterly earnings results on Thursday, June 29th. The transportation company reported $1.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.82 by $0.21. The firm had revenue of $439.20 million during the quarter, compared to the consensus estimate 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 revenue for the quarter was down 28.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.12 earnings per share. On average, analysts forecast that Greenbrier Companies, Inc. will post $3.54 EPS for the current fiscal year.

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

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A number of brokerages have recently weighed in on GBX. BidaskClub upgraded Greenbrier Companies, Inc. (The) from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. Buckingham Research began coverage on Greenbrier Companies, Inc. (The) in a research report on Wednesday, June 21st. They set a “neutral” rating and a $45.00 price target on the stock. Cowen and Company increased their price target on Greenbrier Companies, Inc. (The) from $50.00 to $57.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 4th. Bank of America Corporation upgraded Greenbrier Companies, Inc. (The) from a “neutral” rating to a “buy” rating and increased their price target for the stock from $49.00 to $59.00 in a research report on Tuesday, July 4th. Finally, Zacks Investment Research upgraded Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $52.00 price target on the stock in a research report on Tuesday, June 6th. Five analysts have rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $45.28.

In other news, VP Anne Manning sold 6,000 shares of the firm’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $46.55, for a total transaction of $279,300.00. Following the completion of the transaction, the vice president now owns 11,939 shares of the company’s stock, valued at $555,760.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Alejandro Centurion sold 3,000 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at approximately $761,343.90. The disclosure for this sale can be found here. Insiders have sold 12,000 shares of company stock valued at $538,350 in the last ninety days. Insiders own 4.60% of the company’s stock.

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.

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

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