4,183 Shares in The Greenbrier Companies, Inc. (NYSE:GBX) Acquired by Verity Asset Management Inc.

Verity Asset Management Inc. acquired a new stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,183 shares of the transportation company's stock, valued at approximately $255,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its stake in Greenbrier Companies by 4,988.9% in the 3rd quarter. International Assets Investment Management LLC now owns 23,460 shares of the transportation company's stock worth $11,940,000 after purchasing an additional 22,999 shares during the period. De Lisle Partners LLP lifted its stake in Greenbrier Companies by 36.3% in the 3rd quarter. De Lisle Partners LLP now owns 93,949 shares of the transportation company's stock worth $4,777,000 after purchasing an additional 25,000 shares in the last quarter. Millennium Management LLC boosted its holdings in Greenbrier Companies by 77.4% in the 2nd quarter. Millennium Management LLC now owns 144,221 shares of the transportation company's stock valued at $7,146,000 after purchasing an additional 62,911 shares during the period. Harbor Capital Advisors Inc. grew its position in shares of Greenbrier Companies by 125.9% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 47,476 shares of the transportation company's stock valued at $2,416,000 after purchasing an additional 26,457 shares in the last quarter. Finally, Horizon Kinetics Asset Management LLC increased its holdings in shares of Greenbrier Companies by 112.6% in the third quarter. Horizon Kinetics Asset Management LLC now owns 16,050 shares of the transportation company's stock worth $817,000 after purchasing an additional 8,500 shares during the period. Institutional investors own 95.59% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on GBX shares. Bank of America raised their target price on shares of Greenbrier Companies from $60.00 to $62.00 and gave the company an "underperform" rating in a research note on Thursday, January 9th. Susquehanna upped their target price on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a "positive" rating in a research report on Monday, October 21st. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, Greenbrier Companies 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 company's stock in a transaction dated 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 transaction, the chief operating officer now owns 42,714 shares of the company's stock, valued at $2,699,951.94. This represents a 4.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 1.78% of the company's stock.

Greenbrier Companies Stock Down 0.6 %

Shares of GBX traded down $0.41 on Friday, reaching $64.83. The stock had a trading volume of 238,610 shares, compared to its average volume of 410,434. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.84 and a current ratio of 1.53. The company has a 50-day simple moving average of $65.09 and a 200-day simple moving average of $57.26. The firm has a market capitalization of $2.03 billion, a price-to-earnings ratio of 11.31, a price-to-earnings-growth ratio of 0.94 and a beta of 1.52. The Greenbrier Companies, Inc. has a 12-month low of $41.40 and a 12-month high of $71.06.

Greenbrier Companies (NYSE:GBX - Get Free Report) last announced its quarterly earnings results on Wednesday, January 8th. The transportation company reported $1.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.16 by $0.56. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The company had revenue of $875.90 million for the quarter, compared to analysts' expectations of $849.51 million. During the same quarter in the previous year, the business posted $0.96 EPS. Greenbrier Companies's revenue was up 8.3% compared to the same quarter last year. Sell-side analysts predict that The Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.85%. The ex-dividend date is Wednesday, January 29th. Greenbrier Companies's dividend payout ratio is presently 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.