The Greenbrier Companies, Inc. (NYSE:GBX) Shares Bought by Amundi

Amundi grew its stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 184.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,740 shares of the transportation company's stock after acquiring an additional 10,197 shares during the period. Amundi owned about 0.05% of Greenbrier Companies worth $951,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of GBX. R Squared Ltd purchased a new position in Greenbrier Companies in the 4th quarter valued at approximately $26,000. Smartleaf Asset Management LLC increased its position in shares of Greenbrier Companies by 241.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company's stock valued at $56,000 after buying an additional 644 shares in the last quarter. KBC Group NV increased its position in shares of Greenbrier Companies by 57.8% in the fourth quarter. KBC Group NV now owns 1,466 shares of the transportation company's stock valued at $89,000 after buying an additional 537 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Greenbrier Companies in the third quarter valued at $107,000. Finally, Westhampton Capital LLC purchased a new stake in shares of Greenbrier Companies in the 4th quarter worth about $207,000. Hedge funds and other institutional investors own 95.59% of the company's stock.

Greenbrier Companies Price Performance

Greenbrier Companies stock traded down $1.07 during mid-day trading on Friday, hitting $53.78. 660,154 shares of the company were exchanged, compared to its average volume of 319,921. The Greenbrier Companies, Inc. has a 12-month low of $41.40 and a 12-month high of $71.06. The company has a market capitalization of $1.69 billion, a P/E ratio of 9.38, a PEG ratio of 0.80 and a beta of 1.62. The business's 50 day simple moving average is $60.51 and its two-hundred day simple moving average is $59.24. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.53 and a quick ratio of 0.84.

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Greenbrier Companies (NYSE:GBX - Get Free Report) last posted its quarterly earnings data on Wednesday, January 8th. The transportation company reported $1.72 EPS 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 analysts' expectations of $849.51 million. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The firm's quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.96 EPS. Analysts forecast that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date of this dividend was Wednesday, January 29th. Greenbrier Companies's dividend payout ratio is presently 20.94%.

Insider Activity at Greenbrier Companies

In related news, COO William J. Krueger sold 2,000 shares of the company's stock in a transaction 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 transaction, the chief operating officer now directly owns 42,714 shares in the company, valued at approximately $2,699,951.94. This represents a 4.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 1.78% of the company's stock.

Wall Street Analyst Weigh In

Separately, 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 report on Thursday, January 9th. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $63.00.

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.