The Greenbrier Companies, Inc. (NYSE:GBX) Stock Holdings Trimmed by King Luther Capital Management Corp

King Luther Capital Management Corp decreased its position in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 58.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 9,350 shares of the transportation company's stock after selling 13,350 shares during the period. King Luther Capital Management Corp's holdings in Greenbrier Companies were worth $476,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. GAMMA Investing LLC boosted its stake 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 valued at $28,000 after acquiring an additional 207 shares during the last quarter. SummerHaven Investment Management LLC boosted its stake in Greenbrier Companies by 1.7% in the 2nd quarter. SummerHaven Investment Management LLC now owns 17,083 shares of the transportation company's stock worth $846,000 after buying an additional 284 shares during the last quarter. Louisiana State Employees Retirement System boosted its stake in Greenbrier Companies by 1.9% in the 2nd quarter. Louisiana State Employees Retirement System now owns 15,700 shares of the transportation company's stock worth $778,000 after buying an additional 300 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in Greenbrier Companies by 3.8% in the 3rd quarter. Nisa Investment Advisors LLC now owns 9,939 shares of the transportation company's stock worth $506,000 after buying an additional 363 shares during the last quarter. Finally, ProShare Advisors LLC boosted its stake in Greenbrier Companies by 7.4% in the 1st quarter. ProShare Advisors LLC now owns 6,169 shares of the transportation company's stock worth $321,000 after buying an additional 423 shares during the last quarter. Institutional investors and hedge funds own 95.59% of the company's stock.

Greenbrier Companies Trading Up 1.1 %

Shares of Greenbrier Companies stock traded up $0.70 during trading hours on Friday, reaching $66.65. The stock had a trading volume of 189,108 shares, compared to its average volume of 349,454. The firm has a 50 day simple moving average of $56.24 and a two-hundred day simple moving average of $51.56. The firm has a market capitalization of $2.09 billion, a price-to-earnings ratio of 13.41, a P/E/G ratio of 1.92 and a beta of 1.51. The company has a current ratio of 1.58, a quick ratio of 0.87 and a debt-to-equity ratio of 0.91. The Greenbrier Companies, Inc. has a 1 year low of $36.22 and a 1 year high of $67.22.

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 the consensus estimate of $1.32 by $0.60. Greenbrier Companies had a return on equity of 10.86% and a net margin of 4.52%. The business had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same period last year, the business posted $0.92 EPS. The company's 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 5.2 earnings per share for the current year.

Greenbrier Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 6th will be issued a dividend of $0.30 per share. The ex-dividend date is Wednesday, November 6th. This represents a $1.20 annualized dividend and a yield of 1.80%. Greenbrier Companies's dividend payout ratio is presently 24.14%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. StockNews.com lowered Greenbrier Companies from a "hold" rating to a "sell" rating in a research note on Friday, August 23rd. Bank of America raised their price target on Greenbrier Companies from $42.00 to $50.00 and gave the stock an "underperform" rating in a research note on Thursday, October 24th. Finally, Susquehanna raised 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. Two analysts have rated the stock with a sell rating and three have given a buy rating to the company. According to data from MarketBeat.com, Greenbrier Companies presently has a consensus rating of "Hold" and an average target price of $60.00.

Insiders Place Their Bets

In related news, COO William J. Krueger sold 2,389 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the chief operating officer now owns 50,714 shares in the company, valued at $3,191,939.16. The trade was a 4.50 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Ricardo Galvan sold 4,950 shares of the business's stock in a transaction that occurred 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 transaction, the senior vice president now owns 27,472 shares of the company's stock, valued at $1,785,680. This represents a 15.27 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,703 shares of company stock worth $790,338 in the last three months. 1.78% of the stock is owned by insiders.

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.