Dynamic Technology Lab Private Ltd Buys Shares of 10,842 The Greenbrier Companies, Inc. (NYSE:GBX)

Dynamic Technology Lab Private Ltd bought a new stake in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 10,842 shares of the transportation company's stock, valued at approximately $661,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank acquired a new position in shares of Greenbrier Companies in the fourth quarter valued at approximately $14,257,000. Arrowstreet Capital Limited Partnership bought a new position in Greenbrier Companies in the fourth quarter valued at approximately $9,671,000. Beacon Harbor Wealth Advisors Inc. acquired a new position in shares of Greenbrier Companies during the 4th quarter worth $6,274,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of Greenbrier Companies in the 4th quarter valued at approximately $2,527,000. Finally, Trexquant Investment LP boosted its position in Greenbrier Companies by 59.2% in the fourth quarter. Trexquant Investment LP now owns 81,305 shares of the transportation company's stock valued at $4,959,000 after buying an additional 30,249 shares in the last quarter. Institutional investors own 95.59% of the company's stock.

Analysts Set New Price Targets

GBX has been the subject of several recent research reports. Susquehanna decreased their price target on shares of Greenbrier Companies from $75.00 to $52.00 and set a "positive" rating for the company in a research report on Tuesday, April 8th. Bank of America raised their price objective on shares of Greenbrier Companies from $60.00 to $62.00 and gave the stock an "underperform" rating in a research report on Thursday, January 9th.

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Greenbrier Companies Stock Up 0.0 %

Greenbrier Companies stock traded up $0.02 during midday trading on Friday, hitting $40.59. 606,822 shares of the stock were exchanged, compared to its average volume of 369,663. The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of 7.08, a price-to-earnings-growth ratio of 0.80 and a beta of 1.56. 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 $53.87 and its 200-day moving average price is $59.11. The Greenbrier Companies, Inc. has a 52-week low of $37.77 and a 52-week high of $71.06.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its quarterly earnings results on Monday, April 7th. The transportation company reported $1.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by ($0.09). The company had revenue of $762.10 million for the quarter, compared to analysts' expectations of $898.53 million. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The company's revenue for the quarter was down 11.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.03 EPS. On average, research analysts expect that The Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 13th. Stockholders of record on Tuesday, April 22nd will be given a $0.32 dividend. The ex-dividend date of this dividend is Tuesday, April 22nd. This represents a $1.28 annualized dividend and a dividend yield of 3.15%. This is a positive change from Greenbrier Companies's previous quarterly dividend of $0.30. Greenbrier Companies's payout ratio is 20.45%.

Insider Buying and Selling at Greenbrier Companies

In other news, COO William J. Krueger sold 2,000 shares of the business's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $63.21, for a total transaction of $126,420.00. Following the completion of the transaction, the chief operating officer now directly owns 42,714 shares in the company, valued at $2,699,951.94. The trade was a 4.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.78% of the company's stock.

About Greenbrier Companies

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.