F M Investments LLC Takes $35,000 Position in The Greenbrier Companies, Inc. (NYSE:GBX)

F M Investments LLC acquired a new stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 29,000 shares of the transportation company's stock, valued at approximately $35,000. F M Investments LLC owned about 0.09% of Greenbrier Companies at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GBX. Values First Advisors Inc. increased its holdings in shares of Greenbrier Companies by 3.8% in the fourth quarter. Values First Advisors Inc. now owns 4,134 shares of the transportation company's stock valued at $252,000 after purchasing an additional 151 shares during the period. Alliancebernstein L.P. increased its holdings in Greenbrier Companies by 0.6% in the 4th quarter. Alliancebernstein L.P. now owns 32,993 shares of the transportation company's stock worth $2,012,000 after buying an additional 196 shares during the period. Cullen Investment Group LTD. raised its position in Greenbrier Companies by 1.0% during the 4th quarter. Cullen Investment Group LTD. now owns 19,675 shares of the transportation company's stock worth $1,200,000 after buying an additional 204 shares during the last quarter. Carolina Wealth Advisors LLC lifted its stake in Greenbrier Companies by 2.4% during the 4th quarter. Carolina Wealth Advisors LLC now owns 13,859 shares of the transportation company's stock valued at $845,000 after acquiring an additional 331 shares during the period. Finally, Swiss National Bank boosted its holdings in shares of Greenbrier Companies by 0.7% in the 4th quarter. Swiss National Bank now owns 61,200 shares of the transportation company's stock valued at $3,733,000 after acquiring an additional 400 shares during the last quarter. Hedge funds and other institutional investors own 95.59% of the company's stock.

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Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on GBX shares. Susquehanna reduced their target price on shares of Greenbrier Companies from $75.00 to $52.00 and set a "positive" rating for the company in a report on Tuesday, April 8th. Bank of America lifted their price target on Greenbrier Companies from $60.00 to $62.00 and gave the company an "underperform" rating in a research report on Thursday, January 9th.

Insider Activity at Greenbrier Companies

In other news, COO William J. Krueger sold 2,000 shares of the company'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 sale, the chief operating officer now owns 42,714 shares of the company's stock, valued at $2,699,951.94. This represents a 4.47 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.78% of the stock is owned by corporate insiders.

Greenbrier Companies Price Performance

GBX stock traded up $0.15 during mid-day trading on Tuesday, reaching $41.01. 376,753 shares of the company's stock were exchanged, compared to its average volume of 370,944. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 7.16, a price-to-earnings-growth ratio of 0.80 and a beta of 1.56. The Greenbrier Companies, Inc. has a 12-month low of $37.77 and a 12-month high of $71.06. The stock's 50 day moving average is $52.90 and its 200 day moving average is $58.92. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.53 and a quick ratio of 0.84.

Greenbrier Companies (NYSE:GBX - Get Free Report) last posted its quarterly earnings data 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 net margin of 5.10% and a return on equity of 12.10%. The business's revenue for the quarter was down 11.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.03 earnings per share. On average, research analysts expect that The Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 13th. Investors of record on Tuesday, April 22nd will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 3.12%. This is a boost from Greenbrier Companies's previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Tuesday, April 22nd. Greenbrier Companies's payout ratio is presently 20.45%.

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.