Intech Investment Management LLC Grows Stock Position in The Greenbrier Companies, Inc. (NYSE:GBX)

Intech Investment Management LLC raised its holdings in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 83.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,171 shares of the transportation company's stock after buying an additional 12,352 shares during the period. Intech Investment Management LLC owned about 0.09% of Greenbrier Companies worth $1,657,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new position in Greenbrier Companies in the fourth quarter valued at $26,000. Smartleaf Asset Management LLC boosted its position in shares of Greenbrier Companies by 241.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company's stock valued at $56,000 after purchasing an additional 644 shares during the period. KBC Group NV increased its position in Greenbrier Companies by 57.8% during the fourth quarter. KBC Group NV now owns 1,466 shares of the transportation company's stock worth $89,000 after buying an additional 537 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Greenbrier Companies in the third quarter valued at approximately $107,000. Finally, Westhampton Capital LLC acquired a new stake in shares of Greenbrier Companies in the fourth quarter valued at approximately $207,000. Hedge funds and other institutional investors own 95.59% of the company's stock.

Greenbrier Companies Stock Performance

Greenbrier Companies stock traded down $0.50 during mid-day trading on Tuesday, reaching $53.85. 571,539 shares of the company were exchanged, compared to its average volume of 321,448. The Greenbrier Companies, Inc. has a twelve month low of $41.40 and a twelve month high of $71.06. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.84 and a current ratio of 1.53. The firm's 50-day simple moving average is $60.08 and its two-hundred day simple moving average is $59.43. The firm has a market cap of $1.69 billion, a PE ratio of 9.40, a price-to-earnings-growth ratio of 0.80 and a beta of 1.62.

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Greenbrier Companies (NYSE:GBX - Get Free Report) last released 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 net margin of 5.10% and a return on equity of 12.10%. The company had revenue of $875.90 million during the quarter, compared to analysts' expectations of $849.51 million. During the same quarter last year, the business earned $0.96 EPS. The business's revenue was up 8.3% on a year-over-year basis. Equities analysts predict that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.23%. The ex-dividend date was Wednesday, January 29th. Greenbrier Companies's payout ratio is 20.94%.

Insider Transactions at Greenbrier Companies

In related news, COO William J. Krueger sold 2,000 shares of the company's stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $63.21, for a total transaction of $126,420.00. Following the transaction, 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 1.78% of the company's stock.

Analyst Ratings Changes

Separately, Bank of America upped their price target on shares of Greenbrier Companies from $60.00 to $62.00 and gave the company an "underperform" rating in a research report on Thursday, January 9th. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price 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.