Chesapeake Capital Corp IL Has $273,000 Stake in The Greenbrier Companies, Inc. (NYSE:GBX)

Chesapeake Capital Corp IL increased its position in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 27.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,454 shares of the transportation company’s stock after acquiring an additional 1,190 shares during the quarter. Chesapeake Capital Corp IL’s holdings in Greenbrier Companies were worth $273,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Canada Pension Plan Investment Board bought a new stake in Greenbrier Companies during the second quarter worth $25,000. GAMMA Investing LLC boosted its position in Greenbrier Companies by 60.9% during the 3rd quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock worth $28,000 after buying an additional 207 shares during the period. Gladius Capital Management LP acquired a new stake in Greenbrier Companies during the 3rd quarter worth approximately $32,000. NBC Securities Inc. bought a new position in Greenbrier Companies during the 3rd quarter worth approximately $55,000. Finally, Meeder Asset Management Inc. bought a new position in Greenbrier Companies during the 2nd quarter worth approximately $67,000. Institutional investors own 95.59% of the company’s stock.

Insider Transactions at Greenbrier Companies

In related news, SVP Ricardo Galvan sold 1,976 shares of the business’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $58.00, for a total transaction of $114,608.00. Following the completion of the transaction, the senior vice president now owns 33,776 shares in the company, valued at $1,959,008. The trade was a 5.53 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO William J. Krueger sold 2,000 shares of the business’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $58.78, for a total value of $117,560.00. Following the transaction, the chief operating officer now owns 48,714 shares of the company’s stock, valued at approximately $2,863,408.92. The trade was a 3.94 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 12,703 shares of company stock worth $790,338. 2.54% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on GBX shares. Susquehanna lifted their price objective on shares of Greenbrier Companies from $63.00 to $65.00 and gave the company a “positive” rating in a research note on Monday, October 21st. Bank of America boosted their price target on shares of Greenbrier Companies from $42.00 to $50.00 and gave the stock an “underperform” rating in a report on Thursday, October 24th. Finally, StockNews.com cut Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Friday, August 23rd. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $60.00.

Greenbrier Companies Price Performance

Shares of NYSE:GBX opened at $65.13 on Monday. The Greenbrier Companies, Inc. has a 1-year low of $36.21 and a 1-year high of $67.22. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.58 and a quick ratio of 0.87. The business has a fifty day moving average price of $54.33 and a 200-day moving average price of $51.07. The company has a market capitalization of $2.04 billion, a PE ratio of 13.10, a PEG ratio of 1.89 and a beta of 1.51.

Greenbrier Companies (NYSE:GBX) last announced its earnings results on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.60. The business had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.05 billion. Greenbrier Companies had a return on equity of 10.86% and a net margin of 4.52%. The business’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same period last year, the firm posted $0.92 earnings per share. As a group, equities analysts expect that The Greenbrier Companies, Inc. will post 5.2 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 6th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date of this dividend is Wednesday, November 6th. Greenbrier Companies’s dividend payout ratio (DPR) is 24.14%.

Greenbrier Companies Company Profile

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.