LSV Asset Management Grows Stock Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

LSV Asset Management grew its holdings in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 94.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 545,185 shares of the transportation company's stock after buying an additional 264,552 shares during the period. LSV Asset Management owned 1.74% of Greenbrier Companies worth $33,251,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Greenbrier Companies during the 4th quarter valued at about $14,257,000. Arrowstreet Capital Limited Partnership purchased a new position in shares of Greenbrier Companies during the 4th quarter worth approximately $9,671,000. Beacon Harbor Wealth Advisors Inc. bought a new position in shares of Greenbrier Companies in the 4th quarter worth approximately $6,274,000. Renaissance Technologies LLC lifted its stake in shares of Greenbrier Companies by 71.5% in the 4th quarter. Renaissance Technologies LLC now owns 136,000 shares of the transportation company's stock valued at $8,295,000 after purchasing an additional 56,700 shares during the period. Finally, Allspring Global Investments Holdings LLC purchased a new stake in Greenbrier Companies in the fourth quarter worth $2,527,000. Institutional investors own 95.59% of the company's stock.

Greenbrier Companies Stock Performance

Shares of Greenbrier Companies stock traded up $0.20 during trading on Monday, hitting $40.95. 414,579 shares of the company's stock traded hands, compared to its average volume of 369,842. The Greenbrier Companies, Inc. has a 1 year low of $37.77 and a 1 year high of $71.06. The business has a 50-day simple moving average of $53.38 and a 200-day simple moving average of $59.05. 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 stock has a market capitalization of $1.29 billion, a P/E ratio of 7.15, a PEG ratio of 0.80 and a beta of 1.56.

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Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its quarterly earnings data on Monday, April 7th. The transportation company reported $1.69 earnings per share 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 company had revenue of $762.10 million for the quarter, compared to the consensus estimate of $898.53 million. During the same quarter last year, the company earned $1.03 EPS. The firm's revenue for the quarter was down 11.7% on a year-over-year basis. As a group, analysts forecast that The Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders 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. The ex-dividend date is Tuesday, April 22nd. This represents a $1.28 dividend on an annualized basis and a yield of 3.13%. Greenbrier Companies's dividend payout ratio is currently 20.45%.

Analyst Ratings Changes

Several research analysts recently issued reports on GBX shares. Susquehanna decreased their price target on shares of Greenbrier Companies from $75.00 to $52.00 and set a "positive" rating for the company in a research note on Tuesday, April 8th. Bank of America upped their price target on Greenbrier Companies from $60.00 to $62.00 and gave the stock an "underperform" rating in a research note on Thursday, January 9th.

Insider Buying and Selling at Greenbrier Companies

In related news, COO William J. Krueger sold 2,000 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $63.21, for a total transaction of $126,420.00. Following the completion of the sale, the chief operating officer now directly owns 42,714 shares in the company, valued at approximately $2,699,951.94. The trade was a 4.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.78% of the company's stock.

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.