Dimensional Fund Advisors LP Sells 80,598 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

Dimensional Fund Advisors LP decreased its position in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 3.4% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 2,284,267 shares of the transportation company's stock after selling 80,598 shares during the period. Dimensional Fund Advisors LP owned about 7.28% of Greenbrier Companies worth $139,319,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of GBX. R Squared Ltd acquired a new position in shares of Greenbrier Companies during the 4th quarter worth approximately $26,000. Smartleaf Asset Management LLC increased 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 worth $56,000 after purchasing an additional 644 shares during the last quarter. Sterling Capital Management LLC increased its position in shares of Greenbrier Companies by 812.3% during the 4th quarter. Sterling Capital Management LLC now owns 967 shares of the transportation company's stock worth $59,000 after purchasing an additional 861 shares during the last quarter. KBC Group NV increased its position in shares of Greenbrier Companies by 57.8% during the 4th quarter. KBC Group NV now owns 1,466 shares of the transportation company's stock worth $89,000 after purchasing an additional 537 shares during the last quarter. Finally, Canada Pension Plan Investment Board increased its position in shares of Greenbrier Companies by 466.7% during the 4th quarter. Canada Pension Plan Investment Board now owns 1,700 shares of the transportation company's stock worth $104,000 after purchasing an additional 1,400 shares during the last quarter. Institutional investors own 95.59% of the company's stock.

Greenbrier Companies Stock Performance

Shares of GBX stock traded up $0.18 during trading on Tuesday, reaching $42.53. 646,172 shares of the company's stock were exchanged, compared to its average volume of 384,392. 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 stock has a market capitalization of $1.33 billion, a PE ratio of 7.42, a PEG ratio of 0.80 and a beta of 1.56. The Greenbrier Companies, Inc. has a twelve month low of $37.77 and a twelve month high of $71.06. The firm's fifty day moving average price is $49.54 and its 200-day moving average price is $58.52.

Greenbrier Companies (NYSE:GBX - Get Free Report) last posted its earnings results on Monday, April 7th. The transportation company reported $1.69 earnings per share for the quarter, missing analysts' consensus estimates of $1.78 by ($0.09). The business had revenue of $762.10 million for the quarter, compared to analyst estimates of $898.53 million. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The firm's revenue was down 11.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.03 earnings per share. As a group, sell-side analysts anticipate that The Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Tuesday, April 22nd will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 3.01%. 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 is currently 20.45%.

Insider Buying and Selling at Greenbrier Companies

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of the company's stock in a transaction 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 transaction, the chief operating officer now directly owns 42,714 shares of the company's stock, valued at $2,699,951.94. This represents a 4.47 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 1.78% of the company's stock.

Analysts Set New Price Targets

Several research firms have weighed in on GBX. Bank of America boosted 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 lowered their price target on Greenbrier Companies from $75.00 to $52.00 and set a "positive" rating on the stock in a research report on Tuesday, April 8th.

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.