International Assets Investment Management LLC Grows Stock Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

International Assets Investment Management LLC increased its stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 4,988.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,460 shares of the transportation company's stock after purchasing an additional 22,999 shares during the quarter. International Assets Investment Management LLC owned 0.08% of Greenbrier Companies worth $11,940,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC raised its stake in shares of Greenbrier Companies by 60.9% during the 3rd quarter. GAMMA Investing LLC now owns 547 shares of the transportation company's stock worth $28,000 after buying an additional 207 shares in the last quarter. Commonwealth Equity Services LLC raised its position in Greenbrier Companies by 1.5% in the first quarter. Commonwealth Equity Services LLC now owns 15,379 shares of the transportation company's stock worth $801,000 after acquiring an additional 224 shares in the last quarter. SummerHaven Investment Management LLC lifted its holdings in Greenbrier Companies by 1.7% in the second quarter. SummerHaven Investment Management LLC now owns 17,083 shares of the transportation company's stock valued at $846,000 after acquiring an additional 284 shares during the period. Louisiana State Employees Retirement System boosted its position in shares of Greenbrier Companies by 1.9% during the 2nd quarter. Louisiana State Employees Retirement System now owns 15,700 shares of the transportation company's stock worth $778,000 after purchasing an additional 300 shares in the last quarter. Finally, Texas Permanent School Fund Corp grew its stake in shares of Greenbrier Companies by 1.3% during the 1st quarter. Texas Permanent School Fund Corp now owns 27,211 shares of the transportation company's stock worth $1,418,000 after purchasing an additional 356 shares during the period. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Greenbrier Companies

In other news, COO William J. Krueger sold 2,389 shares of Greenbrier Companies stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $62.94, for a total transaction of $150,363.66. Following the completion of the sale, the chief operating officer now directly owns 50,714 shares in the company, valued at $3,191,939.16. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, SVP Ricardo Galvan sold 1,388 shares of the stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $62.00, for a total transaction of $86,056.00. Following the transaction, the senior vice president now directly owns 32,388 shares in the company, valued at approximately $2,008,056. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO William J. Krueger sold 2,389 shares of the firm's stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $62.94, for a total value of $150,363.66. Following the completion of the sale, the chief operating officer now directly owns 50,714 shares in the company, valued at approximately $3,191,939.16. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,753 shares of company stock worth $351,028. Corporate insiders own 2.54% of the company's stock.

Greenbrier Companies Price Performance

Shares of GBX stock traded down $1.38 during trading hours on Thursday, hitting $59.30. The company's stock had a trading volume of 345,843 shares, compared to its average volume of 327,789. The company has a current ratio of 1.73, a quick ratio of 0.85 and a debt-to-equity ratio of 0.98. The business has a fifty day moving average of $50.72 and a 200-day moving average of $50.14. The Greenbrier Companies, Inc. has a twelve month low of $33.61 and a twelve month high of $63.45. The stock has a market cap of $1.86 billion, a price-to-earnings ratio of 11.93, a P/E/G ratio of 0.63 and a beta of 1.53.

Greenbrier Companies (NYSE:GBX - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The transportation company reported $1.92 EPS for the quarter, beating analysts' consensus estimates of $1.32 by $0.60. Greenbrier Companies had a return on equity of 8.95% and a net margin of 3.51%. The firm had revenue of $1.05 billion for the quarter, compared to analysts' expectations of $1.05 billion. During the same quarter in the prior year, the firm earned $0.92 EPS. Greenbrier Companies's quarterly revenue was up 1.4% on a year-over-year basis. As a group, equities research analysts anticipate that The Greenbrier Companies, Inc. will post 4.35 EPS for the current year.

Greenbrier Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 6th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.02%. The ex-dividend date of this dividend is Wednesday, November 6th. Greenbrier Companies's payout ratio is 24.14%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on GBX. StockNews.com downgraded shares of Greenbrier Companies from a "hold" rating to a "sell" rating in a report on Friday, August 23rd. Susquehanna boosted their price target on Greenbrier Companies from $63.00 to $65.00 and gave the stock a "positive" rating in a research note on Monday, October 21st. Finally, Bank of America upped their price target on Greenbrier Companies from $42.00 to $50.00 and gave the stock an "underperform" rating in a report on Thursday, October 24th. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the company. According to MarketBeat.com, Greenbrier Companies presently has a consensus rating of "Hold" and an average 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.