Hennessy Advisors Inc. Grows Stock Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

Hennessy Advisors Inc. increased its stake in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 6.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 197,300 shares of the transportation company's stock after buying an additional 12,600 shares during the period. Hennessy Advisors Inc. owned 0.63% of Greenbrier Companies worth $12,033,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its position in shares of Greenbrier Companies by 4,988.9% in the 3rd quarter. International Assets Investment Management LLC now owns 23,460 shares of the transportation company's stock worth $11,940,000 after purchasing an additional 22,999 shares during the period. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in shares of Greenbrier Companies by 1.2% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,616,767 shares of the transportation company's stock worth $80,111,000 after buying an additional 18,552 shares during the period. Encompass Capital Advisors LLC purchased a new position in Greenbrier Companies in the 2nd quarter worth $19,820,000. De Lisle Partners LLP raised its stake in shares of Greenbrier Companies by 36.3% in the third quarter. De Lisle Partners LLP now owns 93,949 shares of the transportation company's stock worth $4,777,000 after purchasing an additional 25,000 shares during the last quarter. Finally, Millennium Management LLC lifted its stake in Greenbrier Companies by 77.4% during the 2nd quarter. Millennium Management LLC now owns 144,221 shares of the transportation company's stock valued at $7,146,000 after acquiring an additional 62,911 shares during the period. Hedge funds and other institutional investors own 95.59% of the company's stock.

Insider Transactions at Greenbrier Companies

In other news, SVP Ricardo Galvan sold 4,950 shares of the company'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 directly owns 27,472 shares in the company, valued at approximately $1,785,680. This represents a 15.27 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO William J. Krueger sold 2,389 shares of Greenbrier Companies stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $62.94, for a total transaction of $150,363.66. Following the completion of the sale, the chief operating officer now owns 50,714 shares of the company's stock, valued at $3,191,939.16. This trade represents a 4.50 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,703 shares of company stock worth $790,338. 1.78% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on GBX. Susquehanna upped their target price on Greenbrier Companies from $63.00 to $65.00 and gave the stock a "positive" rating in a research note on Monday, October 21st. Bank of America increased their target price on Greenbrier Companies from $60.00 to $62.00 and gave the company an "underperform" rating in a research report on Thursday, January 9th. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $63.00.

Greenbrier Companies Price Performance

Shares of Greenbrier Companies stock traded up $0.31 during trading hours on Friday, reaching $66.85. 663,412 shares of the company's stock were exchanged, compared to its average volume of 292,397. The business has a fifty day moving average of $64.96 and a two-hundred day moving average of $55.28. 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 company has a market capitalization of $2.10 billion, a P/E ratio of 11.67, a price-to-earnings-growth ratio of 1.82 and a beta of 1.54. The Greenbrier Companies, Inc. has a 1 year low of $41.40 and a 1 year high of $69.12.

Greenbrier Companies (NYSE:GBX - Get Free Report) last posted its quarterly earnings results on Wednesday, January 8th. The transportation company reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.56. The business had revenue of $875.90 million during the quarter, compared to analysts' expectations of $849.51 million. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The business's revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.96 EPS. As a group, 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. Shareholders of record on Wednesday, January 29th will be given a $0.30 dividend. The ex-dividend date is Wednesday, January 29th. This represents a $1.20 dividend on an annualized basis and a yield of 1.80%. Greenbrier Companies's dividend payout ratio is currently 20.94%.

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.