102,862 Shares in The Greenbrier Companies, Inc. (NYSE:GBX) Purchased by Beacon Harbor Wealth Advisors Inc.

Beacon Harbor Wealth Advisors Inc. acquired a new position in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 102,862 shares of the transportation company's stock, valued at approximately $6,274,000. Beacon Harbor Wealth Advisors Inc. owned 0.33% of Greenbrier Companies at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. R Squared Ltd acquired a new stake in Greenbrier Companies during the 4th quarter worth $26,000. Gladius Capital Management LP acquired a new stake in shares of Greenbrier Companies in the 3rd quarter valued at about $32,000. Smartleaf Asset Management LLC raised its stake 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 valued at $56,000 after purchasing an additional 644 shares during the period. KBC Group NV raised 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 during the period. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Greenbrier Companies in the 3rd quarter valued at about $107,000. Institutional investors and hedge funds own 95.59% of the company's stock.

Insider Activity at Greenbrier Companies

In related news, COO William J. Krueger sold 2,000 shares of Greenbrier Companies 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 sale, the chief operating officer now owns 42,714 shares of the company's stock, valued at approximately $2,699,951.94. The trade was a 4.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.78% of the stock is owned by company insiders.

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Greenbrier Companies Stock Up 0.5 %

Shares of NYSE:GBX traded up $0.30 during midday trading on Friday, reaching $55.62. The company had a trading volume of 372,687 shares, compared to its average volume of 439,845. The company has a quick ratio of 0.84, a current ratio of 1.53 and a debt-to-equity ratio of 0.89. The business's 50 day moving average price is $61.84 and its 200 day moving average price is $58.83. The stock has a market cap of $1.74 billion, a PE ratio of 9.71, a P/E/G ratio of 0.80 and a beta of 1.62. The Greenbrier Companies, Inc. has a 1-year low of $41.40 and a 1-year high of $71.06.

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

Greenbrier Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Investors 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 2.16%. The ex-dividend date of this dividend was Wednesday, January 29th. Greenbrier Companies's dividend payout ratio is currently 20.94%.

Wall Street Analysts Forecast Growth

Separately, Bank of America lifted their price target 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 presently has a consensus rating of "Hold" and an average target price of $63.00.

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.