Galibier Capital Management Ltd. Has $3.67 Million Position in The Greenbrier Companies, Inc. (NYSE:GBX)

Galibier Capital Management Ltd. reduced its stake in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 45.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,179 shares of the transportation company's stock after selling 49,269 shares during the period. Greenbrier Companies accounts for 1.0% of Galibier Capital Management Ltd.'s portfolio, making the stock its 16th largest position. Galibier Capital Management Ltd. owned approximately 0.19% of Greenbrier Companies worth $3,670,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Canada Pension Plan Investment Board purchased a new position in shares of Greenbrier Companies during the second quarter valued at about $25,000. GAMMA Investing LLC raised its position in Greenbrier Companies by 60.9% in the 3rd quarter. GAMMA Investing LLC now owns 547 shares of the transportation company's stock worth $28,000 after purchasing 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 approximately $32,000. NBC Securities Inc. purchased a new position in Greenbrier Companies in the 3rd quarter worth about $55,000. Finally, nVerses Capital LLC bought a new stake in Greenbrier Companies during the 3rd quarter valued at $102,000. Institutional investors own 95.59% of the company's stock.

Insider Transactions at Greenbrier Companies

In other Greenbrier Companies news, SVP Ricardo Galvan sold 4,950 shares of Greenbrier Companies stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $65.00, for a total transaction of $321,750.00. Following the transaction, the senior vice president now owns 27,472 shares of the company's stock, valued at $1,785,680. The trade was a 15.27 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO William J. Krueger sold 2,000 shares of the business's stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $58.78, for a total value of $117,560.00. Following the completion of the transaction, the chief operating officer now owns 48,714 shares in the company, valued at $2,863,408.92. This trade represents a 3.94 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 12,703 shares of company stock valued at $790,338. 1.78% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Susquehanna increased their price target on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a "positive" rating in a report on Monday, October 21st. Bank of America upped their price target on shares of Greenbrier Companies from $60.00 to $62.00 and gave the company 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 given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $63.00.

Greenbrier Companies Trading Up 0.5 %

GBX stock traded up $0.31 during midday trading on Friday, hitting $66.85. The stock had a trading volume of 663,412 shares, compared to its average volume of 292,397. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.53 and a quick ratio of 0.87. The firm has a market cap of $2.10 billion, a PE ratio of 11.67, a price-to-earnings-growth ratio of 1.82 and a beta of 1.54. The company's 50-day moving average price is $64.96 and its 200 day moving average price is $55.28. The Greenbrier Companies, Inc. has a 12-month low of $41.40 and a 12-month high of $69.12.

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

Greenbrier Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.80%. The ex-dividend date of this dividend is Wednesday, January 29th. Greenbrier Companies's dividend payout ratio is currently 20.94%.

Greenbrier Companies Company 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.