Swiss National Bank raised its position in The Greenbrier Companies, Inc. (NYSE:GBX – Free Report) by 0.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 61,200 shares of the transportation company’s stock after buying an additional 400 shares during the period. Swiss National Bank’s holdings in Greenbrier Companies were worth $3,733,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in GBX. Values First Advisors Inc. boosted its holdings in shares of Greenbrier Companies by 3.8% in the 4th quarter. Values First Advisors Inc. now owns 4,134 shares of the transportation company’s stock worth $252,000 after acquiring an additional 151 shares in the last quarter. Cullen Investment Group LTD. boosted its stake in Greenbrier Companies by 1.0% in the fourth quarter. Cullen Investment Group LTD. now owns 19,675 shares of the transportation company’s stock worth $1,200,000 after purchasing an additional 204 shares in the last quarter. Carolina Wealth Advisors LLC raised its stake in shares of Greenbrier Companies by 2.4% in the fourth quarter. Carolina Wealth Advisors LLC now owns 13,859 shares of the transportation company’s stock worth $845,000 after acquiring an additional 331 shares during the last quarter. R Squared Ltd acquired a new stake in shares of Greenbrier Companies in the 4th quarter valued at $26,000. Finally, KBC Group NV raised its position in shares of Greenbrier Companies by 57.8% during the fourth quarter. KBC Group NV now owns 1,466 shares of the transportation company’s stock worth $89,000 after acquiring an additional 537 shares during the last quarter. 95.59% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Separately, Bank of America raised their price target on Greenbrier Companies from $60.00 to $62.00 and gave the company an “underperform” rating in a report on Thursday, January 9th. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $63.00.
Insider Activity
In other news, COO William J. Krueger sold 2,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $63.21, for a total value of $126,420.00. Following the completion of the sale, the chief operating officer now owns 42,714 shares of the company’s stock, valued at approximately $2,699,951.94. This represents a 4.47 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.78% of the stock is owned by corporate insiders.
Greenbrier Companies Price Performance
Shares of GBX opened at $53.85 on Wednesday. The Greenbrier Companies, Inc. has a 1 year low of $41.40 and a 1 year high of $71.06. The stock has a market cap of $1.69 billion, a P/E ratio of 9.40, a price-to-earnings-growth ratio of 0.80 and a beta of 1.62. The company has a current ratio of 1.53, a quick ratio of 0.84 and a debt-to-equity ratio of 0.89. The stock’s 50-day moving average price is $60.08 and its two-hundred day moving average price is $59.43.
Greenbrier Companies (NYSE:GBX – Get Free Report) last announced its earnings results on Wednesday, January 8th. The transportation company reported $1.72 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.56. The firm had revenue of $875.90 million during the quarter, compared to analyst estimates of $849.51 million. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.96 EPS. On average, equities analysts predict that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.
Greenbrier Companies Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.23%. Greenbrier Companies’s dividend payout ratio is 20.94%.
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.
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