Gamco Investors INC. ET AL Sells 19,800 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

Gamco Investors INC. ET AL decreased its position in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 14.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 118,300 shares of the transportation company's stock after selling 19,800 shares during the quarter. Gamco Investors INC. ET AL owned approximately 0.38% of Greenbrier Companies worth $7,215,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. XTX Topco Ltd lifted its position in Greenbrier Companies by 43.2% during the fourth quarter. XTX Topco Ltd now owns 8,317 shares of the transportation company's stock valued at $507,000 after purchasing an additional 2,509 shares in the last quarter. Sterling Capital Management LLC increased its holdings in Greenbrier Companies by 812.3% in the 4th quarter. Sterling Capital Management LLC now owns 967 shares of the transportation company's stock worth $59,000 after acquiring an additional 861 shares in the last quarter. LSV Asset Management boosted its position in shares of Greenbrier Companies by 94.3% in the fourth quarter. LSV Asset Management now owns 545,185 shares of the transportation company's stock worth $33,251,000 after purchasing an additional 264,552 shares during the period. F M Investments LLC purchased a new stake in shares of Greenbrier Companies in the fourth quarter worth $35,000. Finally, Capula Management Ltd purchased a new position in shares of Greenbrier Companies during the 4th quarter valued at $353,000. 95.59% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on GBX shares. Bank of America raised their price target on Greenbrier Companies from $60.00 to $62.00 and gave the company an "underperform" rating in a report on Thursday, January 9th. Susquehanna cut their price objective 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.

Insider Transactions at Greenbrier Companies

In related news, COO William J. Krueger sold 2,000 shares of the company's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $63.21, for a total transaction of $126,420.00. Following the transaction, the chief operating officer now directly owns 42,714 shares in the company, valued at approximately $2,699,951.94. This represents a 4.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.78% of the company's stock.

Greenbrier Companies Price Performance

Shares of GBX stock traded up $1.01 during trading hours on Tuesday, hitting $42.46. The stock had a trading volume of 173,760 shares, compared to its average volume of 530,715. The stock's 50-day moving average price is $51.19 and its two-hundred day moving average price is $58.79. The Greenbrier Companies, Inc. has a one year low of $37.77 and a one year high of $71.06. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 7.41, a PEG ratio of 0.80 and a beta of 1.56. 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 released its quarterly earnings results on Monday, April 7th. The transportation company reported $1.69 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.78 by ($0.09). Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The business had revenue of $762.10 million for the quarter, compared to analysts' expectations of $898.53 million. During the same period in the previous year, the company earned $1.03 EPS. Greenbrier Companies's revenue for the quarter was down 11.7% compared to the same quarter last year. Equities analysts forecast that The Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Tuesday, April 22nd will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Tuesday, April 22nd. This is an increase from Greenbrier Companies's previous quarterly dividend of $0.30. This represents a $1.28 dividend on an annualized basis and a yield of 3.01%. Greenbrier Companies's dividend payout ratio is 20.45%.

Greenbrier Companies Company 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.