AlphaQuest LLC Buys 17,115 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

AlphaQuest LLC raised its stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 2,971.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,691 shares of the transportation company's stock after purchasing an additional 17,115 shares during the quarter. AlphaQuest LLC owned 0.06% of Greenbrier Companies worth $1,079,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. R Squared Ltd purchased a new position in shares of Greenbrier Companies during the 4th quarter valued at about $26,000. Gladius Capital Management LP bought a new stake in shares of Greenbrier Companies in the 3rd quarter worth approximately $32,000. Smartleaf Asset Management LLC lifted its holdings in shares of Greenbrier Companies by 241.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company's stock worth $56,000 after acquiring an additional 644 shares during the last quarter. KBC Group NV boosted its stake in shares of Greenbrier Companies by 57.8% in the 4th quarter. KBC Group NV now owns 1,466 shares of the transportation company's stock valued at $89,000 after purchasing an additional 537 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Greenbrier Companies during the 3rd quarter valued at $107,000. Hedge funds and other institutional investors own 95.59% of the company's stock.

Insider Activity

In related news, COO William J. Krueger sold 2,000 shares of Greenbrier Companies stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $63.21, for a total transaction of $126,420.00. Following the completion of the transaction, the chief operating officer now directly owns 42,714 shares of the company's stock, valued at $2,699,951.94. This trade represents a 4.47 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.78% of the stock is currently owned by company insiders.

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Wall Street Analyst Weigh In

Separately, Bank of America boosted their target price on Greenbrier Companies from $60.00 to $62.00 and gave the company an "underperform" rating in a research note on Thursday, January 9th. Two equities research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $63.00.

Greenbrier Companies Trading Down 0.3 %

Shares of GBX stock traded down $0.16 during mid-day trading on Wednesday, reaching $54.71. The stock had a trading volume of 87,900 shares, compared to its average volume of 428,104. The firm has a market capitalization of $1.72 billion, a PE ratio of 9.57, a price-to-earnings-growth ratio of 0.80 and a beta of 1.62. The stock's 50-day moving average price is $61.57 and its two-hundred day moving average price is $58.94. 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 Greenbrier Companies, Inc. has a 52-week low of $41.40 and a 52-week high of $71.06.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its quarterly earnings data 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. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The firm had revenue of $875.90 million for the quarter, compared to analyst estimates of $849.51 million. During the same period last year, the company earned $0.96 EPS. The business's quarterly revenue was up 8.3% compared to the same quarter last year. Equities analysts expect that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.19%. The ex-dividend date was Wednesday, January 29th. Greenbrier Companies's dividend payout ratio is currently 20.94%.

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.