Harbor Capital Advisors Inc. Has $1.93 Million Stock Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

Harbor Capital Advisors Inc. lowered its holdings in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 33.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,669 shares of the transportation company's stock after selling 15,807 shares during the period. Harbor Capital Advisors Inc. owned about 0.10% of Greenbrier Companies worth $1,931,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. GAMMA Investing LLC raised its stake in Greenbrier Companies by 60.9% in the 3rd quarter. GAMMA Investing LLC now owns 547 shares of the transportation company's stock valued at $28,000 after purchasing an additional 207 shares during the last quarter. Nisa Investment Advisors LLC raised its position in shares of Greenbrier Companies by 3.8% in the third quarter. Nisa Investment Advisors LLC now owns 9,939 shares of the transportation company's stock valued at $506,000 after buying an additional 363 shares during the last quarter. Canada Pension Plan Investment Board purchased a new position in shares of Greenbrier Companies during the second quarter valued at approximately $25,000. Moors & Cabot Inc. grew its stake in Greenbrier Companies by 2.0% in the 3rd quarter. Moors & Cabot Inc. now owns 24,950 shares of the transportation company's stock worth $1,270,000 after acquiring an additional 500 shares during the period. Finally, Franklin Resources Inc. raised its holdings in Greenbrier Companies by 3.1% in the 3rd quarter. Franklin Resources Inc. now owns 18,858 shares of the transportation company's stock valued at $990,000 after acquiring an additional 562 shares during the last quarter. Hedge funds and other institutional investors own 95.59% of the company's stock.

Insider Buying and Selling at Greenbrier Companies

In other Greenbrier Companies news, SVP Ricardo Galvan sold 4,950 shares of Greenbrier Companies stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $65.00, for a total transaction of $321,750.00. Following the sale, the senior vice president now owns 27,472 shares of the company's stock, valued at $1,785,680. The trade was a 15.27 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO William J. Krueger sold 2,000 shares of the stock in a transaction on Friday, November 1st. The stock was sold at an average price of $58.78, for a total value of $117,560.00. Following the completion of the transaction, the chief operating officer now directly owns 48,714 shares of the company's stock, 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. Over the last three months, insiders have sold 12,703 shares of company stock worth $790,338. 1.78% of the stock is owned by insiders.

Greenbrier Companies Stock Up 3.8 %

GBX stock traded up $2.28 during mid-day trading on Friday, hitting $62.72. 633,621 shares of the company were exchanged, compared to its average volume of 429,642. The firm has a fifty day simple moving average of $64.67 and a 200 day simple moving average of $54.73. The company has a market capitalization of $1.97 billion, a PE ratio of 12.62, a price-to-earnings-growth ratio of 1.96 and a beta of 1.54. The Greenbrier Companies, Inc. has a twelve month low of $41.40 and a twelve month high of $69.12. The company has a current ratio of 1.58, a quick ratio of 0.87 and a debt-to-equity ratio of 0.91.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its earnings results on Wednesday, January 8th. The transportation company reported $1.72 EPS for the quarter, topping the consensus estimate of $1.16 by $0.56. Greenbrier Companies had a return on equity of 10.86% and a net margin of 4.52%. The company had revenue of $875.90 million during the quarter, compared to analyst estimates of $849.51 million. During the same quarter last year, the firm earned $0.96 EPS. The business's revenue was up 8.3% on a year-over-year basis. On average, research analysts forecast that The Greenbrier Companies, Inc. will post 5.2 earnings per share for the current fiscal year.

Greenbrier Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.91%. The ex-dividend date is Wednesday, January 29th. Greenbrier Companies's dividend payout ratio is presently 20.94%.

Analyst Ratings Changes

A number of research firms recently issued reports on GBX. Bank of America boosted their target price on shares of Greenbrier Companies from $60.00 to $62.00 and gave the company an "underperform" rating in a report on Thursday. Susquehanna upped their price objective on Greenbrier Companies from $63.00 to $65.00 and gave the stock a "positive" rating in a report on Monday, October 21st. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $63.00.

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.