Hotchkis & Wiley Capital Management LLC Trims Stock Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

Hotchkis & Wiley Capital Management LLC cut its holdings in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 4.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 743,840 shares of the transportation company's stock after selling 38,100 shares during the period. Hotchkis & Wiley Capital Management LLC owned about 2.37% of Greenbrier Companies worth $37,854,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD raised its holdings in Greenbrier Companies by 7.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 15,522 shares of the transportation company's stock valued at $809,000 after buying an additional 1,088 shares during the period. Comerica Bank lifted its stake in Greenbrier Companies by 265.8% in the first quarter. Comerica Bank now owns 52,149 shares of the transportation company's stock worth $2,717,000 after purchasing an additional 37,892 shares during the last quarter. First Hawaiian Bank bought a new position in shares of Greenbrier Companies during the second quarter valued at approximately $801,000. Harbor Capital Advisors Inc. lifted its stake in shares of Greenbrier Companies by 270.0% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 21,019 shares of the transportation company's stock worth $1,041,000 after acquiring an additional 15,338 shares during the last quarter. Finally, Csenge Advisory Group purchased a new position in Greenbrier Companies during the 2nd quarter valued at $441,000. Institutional investors own 95.59% of the company's stock.

Insider Transactions at Greenbrier Companies

In related news, SVP Ricardo Galvan sold 4,950 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $65.00, for a total value of $321,750.00. Following the completion of the sale, the senior vice president now directly owns 27,472 shares in the company, valued at $1,785,680. This represents a 15.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO William J. Krueger sold 2,000 shares of the stock in a transaction that occurred 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 owns 48,714 shares in the company, 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. Insiders have sold 12,703 shares of company stock worth $790,338 in the last three months. Insiders own 1.78% of the company's stock.

Greenbrier Companies Stock Down 0.3 %

NYSE:GBX traded down $0.19 on Tuesday, reaching $68.22. The stock had a trading volume of 147,061 shares, compared to its average volume of 321,521. The Greenbrier Companies, Inc. has a 12-month low of $38.12 and a 12-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. The stock has a market cap of $2.14 billion, a P/E ratio of 13.73, a price-to-earnings-growth ratio of 1.99 and a beta of 1.53. The company has a 50-day moving average of $58.39 and a 200 day moving average of $52.17.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share for the quarter, beating analysts' consensus estimates of $1.32 by $0.60. The business had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.05 billion. Greenbrier Companies had a return on equity of 10.86% and a net margin of 4.52%. Greenbrier Companies's revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.92 earnings per share. On average, research analysts predict that The Greenbrier Companies, Inc. will post 5.2 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 6th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend was Wednesday, November 6th. Greenbrier Companies's dividend payout ratio is 24.14%.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Bank of America lifted their price target on shares of Greenbrier Companies from $42.00 to $50.00 and gave the company an "underperform" rating in a research note on Thursday, October 24th. Susquehanna increased their price target on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a "positive" rating in a report on Monday, October 21st. Finally, StockNews.com downgraded shares of Greenbrier Companies from a "hold" rating to a "sell" rating in a research report on Friday, August 23rd. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $60.00.

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.