The Greenbrier Companies, Inc. (NYSE:GBX) Stock Position Raised by Trexquant Investment LP

Trexquant Investment LP increased its holdings in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 59.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 81,305 shares of the transportation company's stock after purchasing an additional 30,249 shares during the period. Trexquant Investment LP owned 0.26% of Greenbrier Companies worth $4,959,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its stake in shares of Greenbrier Companies by 1.1% in the third quarter. Geode Capital Management LLC now owns 711,931 shares of the transportation company's stock valued at $36,237,000 after buying an additional 7,886 shares in the last quarter. Hodges Capital Management Inc. raised its stake in shares of Greenbrier Companies by 9.2% during the fourth quarter. Hodges Capital Management Inc. now owns 348,325 shares of the transportation company's stock valued at $21,244,000 after purchasing an additional 29,231 shares during the period. Norges Bank acquired a new position in shares of Greenbrier Companies during the fourth quarter worth $14,257,000. Hennessy Advisors Inc. boosted its stake in shares of Greenbrier Companies by 6.8% in the fourth quarter. Hennessy Advisors Inc. now owns 197,300 shares of the transportation company's stock valued at $12,033,000 after purchasing an additional 12,600 shares during the period. Finally, Empowered Funds LLC boosted its stake in shares of Greenbrier Companies by 9.8% in the fourth quarter. Empowered Funds LLC now owns 166,726 shares of the transportation company's stock valued at $10,169,000 after purchasing an additional 14,912 shares during the period. 95.59% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Bank of America upped their price objective on shares of Greenbrier Companies from $60.00 to $62.00 and gave the company an "underperform" rating in a research report on Thursday, January 9th. Susquehanna decreased their price target on Greenbrier Companies from $75.00 to $52.00 and set a "positive" rating for the company in a research note on Tuesday.

Greenbrier Companies Stock Performance

NYSE:GBX traded down $2.77 during mid-day trading on Thursday, hitting $40.56. The stock had a trading volume of 167,334 shares, compared to its average volume of 516,536. The Greenbrier Companies, Inc. has a 52 week low of $37.77 and a 52 week high of $71.06. The company has a current ratio of 1.53, a quick ratio of 0.84 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of 7.10, a P/E/G ratio of 0.80 and a beta of 1.56. The company has a 50 day simple moving average of $54.80 and a 200-day simple moving average of $59.19.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its quarterly earnings data on Monday, April 7th. The transportation company reported $1.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by ($0.09). Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The business had revenue of $762.10 million for the quarter, compared to analyst estimates of $898.53 million. During the same quarter in the prior year, the firm posted $1.03 earnings per share. The business's quarterly revenue was down 11.7% on a year-over-year basis. On average, research analysts expect that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 13th. Investors of record on Tuesday, April 22nd will be paid a dividend of $0.32 per share. This is a boost from Greenbrier Companies's previous quarterly dividend of $0.30. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date is Tuesday, April 22nd. Greenbrier Companies's payout ratio is currently 20.45%.

Insider Buying and Selling

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of the stock in a transaction 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 completion of the transaction, the chief operating officer now directly owns 42,714 shares of the company's stock, valued at approximately $2,699,951.94. This trade represents a 4.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.78% of the company's stock.

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.