The Greenbrier Companies, Inc. (NYSE:GBX) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. decreased its position in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 614,322 shares of the transportation company's stock after selling 14,601 shares during the period. Charles Schwab Investment Management Inc. owned 1.96% of Greenbrier Companies worth $37,467,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new position in shares of Greenbrier Companies in the 4th quarter valued at $26,000. Gladius Capital Management LP purchased a new stake in shares of Greenbrier Companies in the third quarter valued at about $32,000. Smartleaf Asset Management LLC boosted its stake in shares of Greenbrier Companies by 241.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company's stock worth $56,000 after buying an additional 644 shares during the period. KBC Group NV grew its holdings in shares of Greenbrier Companies by 57.8% during the fourth quarter. KBC Group NV now owns 1,466 shares of the transportation company's stock worth $89,000 after buying an additional 537 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in Greenbrier Companies in the 3rd quarter valued at about $107,000. Hedge funds and other institutional investors own 95.59% of the company's stock.

Greenbrier Companies Stock Performance

GBX traded up $1.33 during trading on Wednesday, reaching $55.18. The company's stock had a trading volume of 173,774 shares, compared to its average volume of 417,145. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of 9.61, a price-to-earnings-growth ratio of 0.80 and a beta of 1.62. The company's fifty day moving average price is $60.91 and its 200-day moving average price is $59.18. The Greenbrier Companies, Inc. has a 52-week low of $41.40 and a 52-week high of $71.06. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.84 and a current ratio of 1.53.

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Greenbrier Companies (NYSE:GBX - Get Free Report) last announced its quarterly earnings data on Wednesday, January 8th. The transportation company reported $1.72 earnings per share for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $849.51 million. During the same quarter in the prior year, the company posted $0.96 earnings per share. Greenbrier Companies's quarterly revenue was up 8.3% on a year-over-year basis. On average, equities analysts forecast that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date was Wednesday, January 29th. Greenbrier Companies's dividend payout ratio is currently 20.94%.

Analyst Upgrades and Downgrades

Separately, 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. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the company. According to MarketBeat.com, Greenbrier Companies has an average rating of "Hold" and an average target price of $63.00.

Insiders Place Their Bets

In other 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 sale, the chief operating officer now owns 42,714 shares of the company's stock, valued at $2,699,951.94. The trade was a 4.47 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.78% of the stock is currently owned by company 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.