The Greenbrier Companies, Inc. (NYSE:GBX) Shares Sold by Invesco Ltd.

Invesco Ltd. reduced its position in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 16.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 371,718 shares of the transportation company's stock after selling 72,476 shares during the quarter. Invesco Ltd. owned 1.19% of Greenbrier Companies worth $22,671,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of GBX. Stifel Financial Corp raised its stake in Greenbrier Companies by 21.2% in the third quarter. Stifel Financial Corp now owns 9,233 shares of the transportation company's stock worth $470,000 after buying an additional 1,614 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Greenbrier Companies by 1.1% during the third quarter. Geode Capital Management LLC now owns 711,931 shares of the transportation company's stock valued at $36,237,000 after buying an additional 7,886 shares during the last quarter. Tidal Investments LLC boosted its holdings in shares of Greenbrier Companies by 27.9% in the 3rd quarter. Tidal Investments LLC now owns 5,454 shares of the transportation company's stock valued at $278,000 after buying an additional 1,190 shares in the last quarter. Franklin Resources Inc. grew its holdings in Greenbrier Companies by 3.1% in the third quarter. Franklin Resources Inc. now owns 18,858 shares of the transportation company's stock worth $990,000 after purchasing an additional 562 shares during the last quarter. Finally, Cullen Investment Group LTD. increased its position in shares of Greenbrier Companies by 1.0% during the fourth quarter. Cullen Investment Group LTD. now owns 19,675 shares of the transportation company's stock worth $1,200,000 after purchasing an additional 204 shares in the last quarter. Institutional investors own 95.59% of the company's stock.

Analyst Upgrades and Downgrades

GBX has been the topic of several recent analyst reports. Bank of America upped their target price on Greenbrier Companies from $60.00 to $62.00 and gave the company an "underperform" rating in a research report on Thursday, January 9th. Susquehanna dropped their target price on shares of Greenbrier Companies from $75.00 to $52.00 and set a "positive" rating on the stock in a research report on Tuesday, April 8th.

Greenbrier Companies Stock Performance

GBX traded up $0.41 during trading on Thursday, reaching $42.47. 86,904 shares of the company's stock were exchanged, compared to its average volume of 381,167. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.53 and a quick ratio of 0.84. The company's fifty day simple moving average is $50.48 and its 200-day simple moving average is $58.56. The Greenbrier Companies, Inc. has a 1 year low of $37.77 and a 1 year high of $71.06. The stock has a market capitalization of $1.33 billion, a P/E ratio of 7.42, a price-to-earnings-growth ratio of 0.80 and a beta of 1.56.

Greenbrier Companies (NYSE:GBX - Get Free Report) last announced its quarterly earnings data on Monday, April 7th. The transportation company reported $1.69 EPS for the quarter, missing analysts' consensus estimates of $1.78 by ($0.09). The firm had revenue of $762.10 million during 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 company's revenue for the quarter was down 11.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.03 earnings per share. As a group, research analysts predict that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Increases Dividend

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

Insider Buying and Selling at Greenbrier Companies

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of the firm'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 sale, the chief operating officer now directly owns 42,714 shares of the company's stock, valued at $2,699,951.94. This trade represents a 4.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.78% of the stock is currently owned by company insiders.

Greenbrier Companies 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.