Community Bank of Raymore Cuts Stock Position in The Greenbrier Companies, Inc. (NYSE:GBX)

Community Bank of Raymore lowered its position in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 10.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 84,723 shares of the transportation company's stock after selling 10,250 shares during the quarter. Greenbrier Companies makes up approximately 4.1% of Community Bank of Raymore's holdings, making the stock its 6th biggest holding. Community Bank of Raymore owned approximately 0.27% of Greenbrier Companies worth $5,167,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Canada Pension Plan Investment Board bought a new position in shares of Greenbrier Companies in the second quarter valued at about $25,000. GAMMA Investing LLC lifted its position in shares of Greenbrier Companies by 60.9% during the third quarter. GAMMA Investing LLC now owns 547 shares of the transportation company's stock worth $28,000 after purchasing an additional 207 shares in the last quarter. Gladius Capital Management LP bought a new stake in shares of Greenbrier Companies during the third quarter valued at approximately $32,000. NBC Securities Inc. bought a new position in Greenbrier Companies in the 3rd quarter worth approximately $55,000. Finally, nVerses Capital LLC acquired a new position in Greenbrier Companies during the 3rd quarter worth $102,000. 95.59% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of Greenbrier Companies stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $58.78, for a total value 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 trade represents a 3.94 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Ricardo Galvan sold 4,950 shares of the stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $65.00, for a total value of $321,750.00. Following the transaction, the senior vice president now owns 27,472 shares of the company's stock, valued at approximately $1,785,680. The trade was a 15.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 12,703 shares of company stock worth $790,338. Corporate insiders own 1.78% of the company's stock.

Greenbrier Companies Trading Up 0.5 %

NYSE GBX traded up $0.31 on Monday, reaching $66.85. The company had a trading volume of 663,412 shares, compared to its average volume of 292,397. The company has a quick ratio of 0.87, a current ratio of 1.53 and a debt-to-equity ratio of 0.89. The Greenbrier Companies, Inc. has a 52 week low of $41.40 and a 52 week high of $69.12. The stock has a market cap of $2.10 billion, a price-to-earnings ratio of 11.67, a PEG ratio of 1.82 and a beta of 1.54. The stock's 50 day moving average is $64.96 and its 200-day moving average is $55.31.

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

Greenbrier Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a $1.20 annualized dividend and a yield of 1.80%. 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.