Dana Investment Advisors Inc. Sells 28,719 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

Dana Investment Advisors Inc. lessened its stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 16.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 142,233 shares of the transportation company's stock after selling 28,719 shares during the period. Dana Investment Advisors Inc. owned 0.45% of Greenbrier Companies worth $8,675,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of GBX. De Lisle Partners LLP lifted its position in shares of Greenbrier Companies by 36.3% during the 3rd quarter. De Lisle Partners LLP now owns 93,949 shares of the transportation company's stock valued at $4,777,000 after buying an additional 25,000 shares in the last quarter. Horizon Kinetics Asset Management LLC lifted its holdings in Greenbrier Companies by 112.6% during the third quarter. Horizon Kinetics Asset Management LLC now owns 16,050 shares of the transportation company's stock valued at $817,000 after purchasing an additional 8,500 shares in the last quarter. M3 Advisory Group LLC purchased a new position in Greenbrier Companies during the fourth quarter valued at approximately $225,000. Point72 Asset Management L.P. bought a new position in shares of Greenbrier Companies in the third quarter worth approximately $639,000. Finally, Victory Capital Management Inc. increased its stake in shares of Greenbrier Companies by 6.7% in the third quarter. Victory Capital Management Inc. now owns 513,938 shares of the transportation company's stock worth $26,154,000 after purchasing an additional 32,191 shares in the last quarter. Hedge funds and other institutional investors own 95.59% of the company's stock.

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Insider Buying and Selling

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of Greenbrier Companies stock in a transaction that occurred 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 sale, the chief operating officer now owns 42,714 shares of the company's stock, valued at $2,699,951.94. The trade was a 4.47 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.78% of the stock is owned by company insiders.

Greenbrier Companies Price Performance

GBX stock traded up $0.30 during midday trading on Friday, hitting $55.62. The company's stock 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 Greenbrier Companies, Inc. has a 12 month low of $41.40 and a 12 month high of $71.06. The company has a 50 day moving average of $61.84 and a two-hundred day moving average of $58.75. The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of 9.71, a price-to-earnings-growth ratio of 0.80 and a beta of 1.62.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its earnings results 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. The firm had revenue of $875.90 million during the quarter, compared to analyst estimates of $849.51 million. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. Greenbrier Companies's revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.96 earnings per share. On average, analysts expect that The Greenbrier Companies, Inc. will post 5.9 EPS for the current 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 issued a $0.30 dividend. The ex-dividend date was Wednesday, January 29th. This represents a $1.20 annualized dividend and a dividend yield of 2.16%. Greenbrier Companies's dividend payout ratio (DPR) is 20.94%.

Wall Street Analyst Weigh In

Separately, Bank of America upped their target price on shares of Greenbrier Companies from $60.00 to $62.00 and gave the stock an "underperform" rating in a report on Thursday, January 9th. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the stock. According to data from MarketBeat, Greenbrier Companies currently has an average rating of "Hold" and an average price target of $63.00.

Greenbrier Companies 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.