Centiva Capital LP Takes Position in The Greenbrier Companies, Inc. (NYSE:GBX)

Centiva Capital LP bought a new position in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,016 shares of the transportation company's stock, valued at approximately $408,000.

Several other large investors also recently made changes to their positions in the company. Canada Pension Plan Investment Board bought a new position in Greenbrier Companies in the 2nd quarter valued at about $25,000. GAMMA Investing LLC boosted its holdings in shares of Greenbrier Companies by 60.9% in the third quarter. GAMMA Investing LLC now owns 547 shares of the transportation company's stock valued at $28,000 after acquiring an additional 207 shares in the last quarter. Gladius Capital Management LP bought a new stake in Greenbrier Companies during the third quarter worth approximately $32,000. NBC Securities Inc. bought a new stake in Greenbrier Companies during the third quarter worth approximately $55,000. Finally, Meeder Asset Management Inc. acquired a new stake in Greenbrier Companies in the second quarter worth approximately $67,000. Institutional investors and hedge funds own 95.59% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on GBX shares. Bank of America upped their price objective on Greenbrier Companies from $42.00 to $50.00 and gave the company an "underperform" rating in a report on Thursday, October 24th. StockNews.com lowered shares of Greenbrier Companies from a "hold" rating to a "sell" rating in a research report on Friday, August 23rd. Finally, Susquehanna lifted their price objective on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a "positive" rating in a research note on Monday, October 21st. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Greenbrier Companies has an average rating of "Hold" and a consensus target price of $60.00.

Greenbrier Companies Trading Up 1.3 %

NYSE GBX traded up $0.87 on Tuesday, hitting $67.74. 273,794 shares of the company were exchanged, compared to its average volume of 319,522. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.58 and a quick ratio of 0.87. The Greenbrier Companies, Inc. has a twelve month low of $38.85 and a twelve month high of $69.12. The firm has a market capitalization of $2.12 billion, a P/E ratio of 13.63, a price-to-earnings-growth ratio of 1.96 and a beta of 1.53. The company's 50 day moving average price is $60.12 and its 200-day moving average price is $52.76.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The transportation company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.32 by $0.60. Greenbrier Companies had a net margin of 4.52% and a return on equity of 10.86%. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the prior year, the firm earned $0.92 EPS. The firm's quarterly revenue was up 1.4% on a year-over-year basis. Analysts predict that The Greenbrier Companies, Inc. will post 5.2 earnings per share for the current fiscal year.

Greenbrier Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 6th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.77%. The ex-dividend date was Wednesday, November 6th. Greenbrier Companies's dividend payout ratio is currently 24.14%.

Insiders Place Their Bets

In related news, COO William J. Krueger sold 2,389 shares of the stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $62.94, for a total value of $150,363.66. Following the transaction, the chief operating officer now owns 50,714 shares in the company, valued at approximately $3,191,939.16. This represents a 4.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Ricardo Galvan sold 1,388 shares of Greenbrier Companies stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $62.00, for a total transaction of $86,056.00. Following the completion of the sale, the senior vice president now owns 32,388 shares of the company's stock, valued at $2,008,056. This trade represents a 4.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,703 shares of company stock worth $790,338. 1.78% of the stock is currently owned by company insiders.

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.