Quantbot Technologies LP Makes New $1.04 Million Investment in The Greenbrier Companies, Inc. (NYSE:GBX)

Quantbot Technologies LP purchased a new position in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 20,398 shares of the transportation company's stock, valued at approximately $1,038,000. Quantbot Technologies LP owned about 0.07% of Greenbrier Companies as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Canada Pension Plan Investment Board purchased a new position in Greenbrier Companies during the 2nd quarter worth approximately $25,000. GAMMA Investing LLC boosted its position in shares of Greenbrier Companies by 60.9% in the third quarter. GAMMA Investing LLC now owns 547 shares of the transportation company's stock worth $28,000 after buying an additional 207 shares during the period. Gladius Capital Management LP purchased a new position in shares of Greenbrier Companies during the third quarter valued at $32,000. NBC Securities Inc. acquired a new position in Greenbrier Companies during the third quarter valued at $55,000. Finally, Meeder Asset Management Inc. purchased a new stake in Greenbrier Companies in the 2nd quarter worth about $67,000. Institutional investors own 95.59% of the company's stock.

Greenbrier Companies Trading Down 0.1 %

NYSE:GBX traded down $0.10 during trading hours on Friday, hitting $68.00. 110,589 shares of the stock were exchanged, compared to its average volume of 263,239. The company has a market capitalization of $2.13 billion, a P/E ratio of 13.68, a price-to-earnings-growth ratio of 1.98 and a beta of 1.51. The company has a quick ratio of 0.87, a current ratio of 1.58 and a debt-to-equity ratio of 0.91. The company's 50 day moving average is $58.04 and its two-hundred day moving average is $52.07. The Greenbrier Companies, Inc. has a twelve month low of $36.97 and a twelve month high of $68.90.

Greenbrier Companies (NYSE:GBX - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.60. The business had revenue of $1.05 billion for the quarter, compared to analysts' expectations of $1.05 billion. Greenbrier Companies had a return on equity of 10.86% and a net margin of 4.52%. The firm's quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.92 earnings per share. On average, sell-side analysts anticipate that The Greenbrier Companies, Inc. will post 5.2 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, November 27th. Shareholders of record on Wednesday, November 6th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend was Wednesday, November 6th. Greenbrier Companies's payout ratio is 24.14%.

Insider Activity

In related news, SVP Ricardo Galvan sold 4,950 shares of the company's stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $65.00, for a total value of $321,750.00. Following the completion of the sale, the senior vice president now owns 27,472 shares in the company, valued at $1,785,680. This represents a 15.27 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO William J. Krueger sold 2,389 shares of the firm's stock in a transaction on Monday, October 28th. The stock was sold at an average price of $62.94, for a total transaction of $150,363.66. Following the sale, the chief operating officer now owns 50,714 shares in the company, valued at approximately $3,191,939.16. The trade was a 4.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,703 shares of company stock valued at $790,338 in the last 90 days. 1.78% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. StockNews.com lowered shares of Greenbrier Companies from a "hold" rating to a "sell" rating in a research note on Friday, August 23rd. Susquehanna increased their price objective on Greenbrier Companies from $63.00 to $65.00 and gave the company a "positive" rating in a report on Monday, October 21st. Finally, Bank of America boosted their target price 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 issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $60.00.

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.