De Lisle Partners LLP grew its holdings in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 36.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 93,949 shares of the transportation company's stock after purchasing an additional 25,000 shares during the period. De Lisle Partners LLP owned approximately 0.30% of Greenbrier Companies worth $4,777,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. First Hawaiian Bank bought a new stake in shares of Greenbrier Companies in the second quarter valued at approximately $801,000. SG Capital Management LLC purchased a new position in Greenbrier Companies during the first quarter valued at approximately $4,594,000. Harbor Capital Advisors Inc. grew its stake in Greenbrier Companies by 270.0% during the second quarter. Harbor Capital Advisors Inc. now owns 21,019 shares of the transportation company's stock valued at $1,041,000 after acquiring an additional 15,338 shares in the last quarter. Comerica Bank grew its stake in Greenbrier Companies by 265.8% during the first quarter. Comerica Bank now owns 52,149 shares of the transportation company's stock valued at $2,717,000 after acquiring an additional 37,892 shares in the last quarter. Finally, International Assets Investment Management LLC grew its stake in Greenbrier Companies by 4,988.9% during the third quarter. International Assets Investment Management LLC now owns 23,460 shares of the transportation company's stock valued at $11,940,000 after acquiring an additional 22,999 shares in the last quarter. Institutional investors own 95.59% of the company's stock.
Greenbrier Companies Price Performance
GBX stock traded down $0.06 during midday trading on Thursday, reaching $68.10. The company had a trading volume of 142,793 shares, compared to its average volume of 323,597. 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 1 year low of $36.22 and a 1 year high of $68.90. The company has a market capitalization of $2.14 billion, a P/E ratio of 13.70, a P/E/G ratio of 1.96 and a beta of 1.51. The firm has a 50-day moving average price of $57.36 and a 200-day moving average price of $51.87.
Greenbrier Companies (NYSE:GBX - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The transportation company reported $1.92 EPS for the quarter, topping analysts' consensus estimates 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 analysts' expectations of $1.05 billion. During the same quarter in the previous year, the company earned $0.92 EPS. The business's quarterly revenue was up 1.4% compared to the same quarter last year. On average, research analysts anticipate that The Greenbrier Companies, Inc. will post 5.2 earnings per share for the current fiscal year.
Greenbrier Companies Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 6th were paid a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, November 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.76%. Greenbrier Companies's dividend payout ratio (DPR) is 24.14%.
Analyst Ratings Changes
GBX has been the subject of several recent analyst reports. Susquehanna boosted their price objective on shares of Greenbrier Companies from $63.00 to $65.00 and gave the company a "positive" rating in a research note on Monday, October 21st. Bank of America boosted their price objective on shares of Greenbrier Companies from $42.00 to $50.00 and gave the company an "underperform" rating in a research note on Thursday, October 24th. Finally, StockNews.com cut shares of Greenbrier Companies from a "hold" rating to a "sell" rating in a research note on Friday, August 23rd. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $60.00.
Check Out Our Latest Research Report on Greenbrier Companies
Insider Activity
In related news, SVP Ricardo Galvan sold 1,388 shares of the company's stock in a transaction 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 directly owns 32,388 shares in the company, valued at $2,008,056. This represents a 4.11 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, COO William J. Krueger sold 2,000 shares of the firm's stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $58.78, for a total transaction of $117,560.00. Following the sale, the chief operating officer now directly owns 48,714 shares in the company, valued at approximately $2,863,408.92. The trade was a 3.94 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 12,703 shares of company stock valued at $790,338. Corporate insiders own 1.78% of the company's stock.
Greenbrier Companies Company Profile
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Free Report)
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.
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