Arrowstreet Capital Limited Partnership Makes New $9.67 Million Investment in The Greenbrier Companies, Inc. (NYSE:GBX)

Arrowstreet Capital Limited Partnership purchased a new stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 158,568 shares of the transportation company's stock, valued at approximately $9,671,000. Arrowstreet Capital Limited Partnership owned approximately 0.51% of Greenbrier Companies at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new stake in shares of Greenbrier Companies during the fourth quarter worth $26,000. Smartleaf Asset Management LLC grew its position in shares of Greenbrier Companies by 241.2% during the 4th 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 during the last quarter. KBC Group NV raised its stake in 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 period. Westhampton Capital LLC bought a new position in Greenbrier Companies in the fourth quarter worth about $207,000. Finally, Sloy Dahl & Holst LLC acquired a new position in Greenbrier Companies in the fourth quarter valued at approximately $211,000. 95.59% of the stock is currently owned by institutional investors.

Insider Activity at Greenbrier Companies

In related news, COO William J. Krueger sold 2,000 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $63.21, for a total transaction of $126,420.00. Following the transaction, the chief operating officer now owns 42,714 shares in the company, valued at $2,699,951.94. This trade represents a 4.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.78% of the company's stock.

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Analyst Ratings Changes

GBX has been the topic of a number of research reports. Bank of America increased their price target on Greenbrier Companies from $60.00 to $62.00 and gave the stock an "underperform" rating in a research report on Thursday, January 9th. Susquehanna dropped their target price on Greenbrier Companies from $75.00 to $52.00 and set a "positive" rating on the stock in a research report on Tuesday.

Greenbrier Companies Stock Performance

NYSE GBX traded up $0.02 on Friday, hitting $40.59. The stock had a trading volume of 606,822 shares, compared to its average volume of 369,613. The company's 50-day moving average is $53.87 and its two-hundred day moving average is $59.05. The Greenbrier Companies, Inc. has a one year low of $37.77 and a one year high of $71.06. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of 7.08, a P/E/G ratio of 0.80 and a beta of 1.56. The company has a quick ratio of 0.84, a current ratio of 1.53 and a debt-to-equity ratio of 0.89.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its quarterly earnings data on Monday, April 7th. The transportation company reported $1.69 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.78 by ($0.09). The business had revenue of $762.10 million during the quarter, compared to the consensus estimate of $898.53 million. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The business's quarterly revenue was down 11.7% compared to the same quarter last year. During the same period last year, the company earned $1.03 earnings per share. On average, analysts expect that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 13th. Stockholders of record on Tuesday, April 22nd will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.15%. This is a positive change from Greenbrier Companies's previous quarterly dividend of $0.30. The ex-dividend date is Tuesday, April 22nd. Greenbrier Companies's dividend payout ratio (DPR) is 20.45%.

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.