M3 Advisory Group LLC Makes New Investment in The Greenbrier Companies, Inc. (NYSE:GBX)

M3 Advisory Group LLC purchased a new stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,687 shares of the transportation company's stock, valued at approximately $225,000.

A number of other large investors also recently bought and sold shares of the business. Cullen Investment Group LTD. lifted its stake 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 buying an additional 204 shares during the period. GAMMA Investing LLC grew its stake in Greenbrier Companies by 60.9% during 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. Carolina Wealth Advisors LLC increased its holdings in Greenbrier Companies by 2.4% in the 4th quarter. Carolina Wealth Advisors LLC now owns 13,859 shares of the transportation company's stock worth $845,000 after buying an additional 331 shares during the period. Nisa Investment Advisors LLC raised its holdings in shares of Greenbrier Companies by 3.8% during the third quarter. Nisa Investment Advisors LLC now owns 9,939 shares of the transportation company's stock worth $506,000 after purchasing an additional 363 shares during the last quarter. Finally, Canada Pension Plan Investment Board acquired a new position in Greenbrier Companies during the second quarter valued at $25,000. Institutional investors own 95.59% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Susquehanna lifted their price objective on Greenbrier Companies from $63.00 to $65.00 and gave the company a "positive" rating in a research note on Monday, October 21st. Bank of America lifted their price target on Greenbrier Companies from $60.00 to $62.00 and gave the company an "underperform" rating in a research report on Thursday, January 9th. Two equities research analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $63.00.

Insider Transactions at Greenbrier Companies

In other Greenbrier Companies news, SVP Ricardo Galvan sold 4,950 shares of the business's stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $65.00, for a total value of $321,750.00. Following the transaction, the senior vice president now directly owns 27,472 shares in the company, valued at $1,785,680. The trade was a 15.27 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO William J. Krueger sold 2,000 shares of the firm's stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $58.78, for a total transaction of $117,560.00. Following the sale, the chief operating officer now owns 48,714 shares of the company's stock, valued at $2,863,408.92. This represents a 3.94 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 10,727 shares of company stock valued at $675,730 over the last 90 days. 1.78% of the stock is currently owned by corporate insiders.

Greenbrier Companies Price Performance

Shares of NYSE:GBX traded up $0.31 during trading on Friday, reaching $70.69. 362,798 shares of the company's stock traded hands, compared to its average volume of 339,399. The firm has a market cap of $2.22 billion, a PE ratio of 12.34, a P/E/G ratio of 0.98 and a beta of 1.54. The Greenbrier Companies, Inc. has a fifty-two week low of $41.40 and a fifty-two week high of $71.06. The company has a quick ratio of 0.84, a current ratio of 1.53 and a debt-to-equity ratio of 0.89. The company has a 50-day simple moving average of $65.25 and a 200-day simple moving average of $56.01.

Greenbrier Companies (NYSE:GBX - Get Free Report) last posted its quarterly earnings data on Wednesday, January 8th. The transportation company reported $1.72 EPS for the quarter, beating analysts' consensus estimates of $1.16 by $0.56. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The business had revenue of $875.90 million during the quarter, compared to analysts' expectations of $849.51 million. During the same period in the previous year, the business earned $0.96 earnings per share. The business's revenue was up 8.3% compared to the same quarter last year. As a group, analysts predict that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date of this dividend is Wednesday, January 29th. Greenbrier Companies's dividend payout ratio is presently 20.94%.

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.