The Greenbrier Companies, Inc. (NYSE:GBX) Shares Acquired by Russell Investments Group Ltd.

Russell Investments Group Ltd. raised its position in shares of The Greenbrier Companies, Inc. (NYSE:GBXFree Report) by 404.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,253 shares of the transportation company’s stock after purchasing an additional 1,806 shares during the period. Russell Investments Group Ltd.’s holdings in Greenbrier Companies were worth $100,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of GBX. Cullen Investment Group LTD. acquired a new stake in Greenbrier Companies in the fourth quarter worth about $861,000. International Assets Investment Management LLC bought a new position in shares of Greenbrier Companies in the fourth quarter valued at approximately $900,000. Caxton Associates LP bought a new position in shares of Greenbrier Companies in the third quarter valued at approximately $718,000. Louisiana State Employees Retirement System acquired a new position in shares of Greenbrier Companies during the fourth quarter valued at approximately $689,000. Finally, UBS Group AG raised its holdings in Greenbrier Companies by 248.7% during the third quarter. UBS Group AG now owns 96,793 shares of the transportation company’s stock worth $3,872,000 after purchasing an additional 69,036 shares in the last quarter. Institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Trading Down 0.5 %

Shares of NYSE GBX opened at $50.11 on Friday. The company has a quick ratio of 0.85, a current ratio of 1.73 and a debt-to-equity ratio of 0.98. The Greenbrier Companies, Inc. has a 12 month low of $26.94 and a 12 month high of $58.00. The company has a market cap of $1.56 billion, a price-to-earnings ratio of 14.74, a P/E/G ratio of 0.71 and a beta of 1.65. The business has a fifty day simple moving average of $51.72 and a 200-day simple moving average of $46.80.

Greenbrier Companies (NYSE:GBXGet Free Report) last posted its quarterly earnings data on Friday, April 5th. The transportation company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.28. Greenbrier Companies had a net margin of 2.97% and a return on equity of 9.05%. The company had revenue of $862.70 million during the quarter, compared to analyst estimates of $841.58 million. During the same period in the prior year, the firm earned $0.99 earnings per share. The business’s quarterly revenue was down 23.1% on a year-over-year basis. Sell-side analysts predict that The Greenbrier Companies, Inc. will post 4.23 EPS for the current year.

Greenbrier Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 14th. Shareholders of record on Tuesday, April 23rd were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.39%. The ex-dividend date of this dividend was Monday, April 22nd. Greenbrier Companies’s dividend payout ratio (DPR) is currently 35.29%.

Insider Activity

In related news, SVP Christian Lucky sold 1,454 shares of the company’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $52.94, for a total transaction of $76,974.76. Following the transaction, the senior vice president now directly owns 7,841 shares of the company’s stock, valued at $415,102.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, SVP Christian Lucky sold 1,454 shares of the business’s stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $52.94, for a total transaction of $76,974.76. Following the transaction, the senior vice president now directly owns 7,841 shares of the company’s stock, valued at $415,102.54. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO William J. Krueger sold 8,800 shares of the company’s stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of $52.87, for a total transaction of $465,256.00. Following the completion of the transaction, the chief operating officer now owns 36,529 shares in the company, valued at approximately $1,931,288.23. The disclosure for this sale can be found here. Insiders sold 40,176 shares of company stock worth $2,104,013 over the last quarter. Corporate insiders own 2.54% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on GBX shares. TD Cowen increased their price target on Greenbrier Companies from $53.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, April 8th. Susquehanna raised their target price on Greenbrier Companies from $56.00 to $63.00 and gave the company a “positive” rating in a research note on Tuesday, April 9th. Finally, Stephens boosted their price target on shares of Greenbrier Companies from $62.00 to $65.00 and gave the stock an “overweight” rating in a research report on Monday, April 8th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $54.00.

View Our Latest Stock Analysis on GBX

Greenbrier Companies Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Greenbrier Companies (NYSE:GBX)

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