Skylands Capital LLC Decreases Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

Skylands Capital LLC lessened its holdings in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 28.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,900 shares of the transportation company's stock after selling 13,050 shares during the period. Skylands Capital LLC owned 0.10% of Greenbrier Companies worth $2,007,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the business. Values First Advisors Inc. increased its position in Greenbrier Companies by 3.8% during the 4th quarter. Values First Advisors Inc. now owns 4,134 shares of the transportation company's stock valued at $252,000 after purchasing an additional 151 shares during the period. Cullen Investment Group LTD. raised its position in shares of Greenbrier Companies by 1.0% in the 4th quarter. Cullen Investment Group LTD. now owns 19,675 shares of the transportation company's stock worth $1,200,000 after acquiring an additional 204 shares in the last quarter. Carolina Wealth Advisors LLC lifted its stake in shares of Greenbrier Companies by 2.4% in the 4th quarter. Carolina Wealth Advisors LLC now owns 13,859 shares of the transportation company's stock valued at $845,000 after purchasing an additional 331 shares during the period. Nisa Investment Advisors LLC boosted its position in shares of Greenbrier Companies by 3.8% during the 3rd quarter. Nisa Investment Advisors LLC now owns 9,939 shares of the transportation company's stock valued at $506,000 after purchasing an additional 363 shares in the last quarter. Finally, R Squared Ltd acquired a new stake in Greenbrier Companies during the fourth quarter worth approximately $26,000. Institutional investors own 95.59% of the company's stock.

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Wall Street Analysts Forecast Growth

Separately, Bank of America increased their price target on Greenbrier Companies from $60.00 to $62.00 and gave the stock an "underperform" rating in a 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 company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $63.00.

Greenbrier Companies Stock Down 1.8 %

Shares of GBX traded down $1.03 during trading hours on Thursday, hitting $55.06. The stock had a trading volume of 471,556 shares, compared to its average volume of 453,064. The Greenbrier Companies, Inc. has a 1-year low of $41.40 and a 1-year high of $71.06. The firm has a market capitalization of $1.73 billion, a P/E ratio of 9.61, a price-to-earnings-growth ratio of 0.80 and a beta of 1.52. The firm has a 50 day simple moving average of $62.87 and a 200-day simple moving average of $58.30. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.53 and a quick ratio of 0.84.

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

Greenbrier Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.18%. The ex-dividend date of this dividend was Wednesday, January 29th. Greenbrier Companies's payout ratio is presently 20.94%.

Insider Buying and Selling

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The stock was 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 of the company's stock, valued at approximately $2,699,951.94. The trade was a 4.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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.