Vanguard Group Inc. Raises Stock Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

Vanguard Group Inc. grew its holdings in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 0.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,536,450 shares of the transportation company's stock after buying an additional 7,478 shares during the quarter. Vanguard Group Inc. owned 11.28% of Greenbrier Companies worth $215,688,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of GBX. R Squared Ltd bought a new position in Greenbrier Companies in the 4th quarter valued at $26,000. 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 valued at $56,000 after purchasing an additional 644 shares during the period. KBC Group NV boosted its stake 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 valued at $89,000 after purchasing an additional 537 shares during the period. Westhampton Capital LLC bought a new position in shares of Greenbrier Companies in the fourth quarter worth about $207,000. Finally, Sloy Dahl & Holst LLC purchased a new position in Greenbrier Companies in the 4th quarter worth about $211,000. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Greenbrier Companies Stock Down 6.5 %

Greenbrier Companies stock traded down $2.80 during midday trading on Thursday, hitting $40.53. 678,728 shares of the company's stock were exchanged, compared to its average volume of 368,756. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.84 and a current ratio of 1.53. The company has a market cap of $1.27 billion, a PE ratio of 7.07, a P/E/G ratio of 0.80 and a beta of 1.56. The firm has a 50-day moving average of $54.35 and a two-hundred day moving average of $59.11. The Greenbrier Companies, Inc. has a 12 month low of $37.77 and a 12 month high of $71.06.

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Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its quarterly earnings data on Monday, April 7th. The transportation company reported $1.69 EPS for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $898.53 million. During the same period last year, the firm earned $1.03 EPS. The business's quarterly revenue was down 11.7% on a year-over-year basis. As a group, 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 given a dividend of $0.32 per share. The ex-dividend date of this dividend is Tuesday, April 22nd. This represents a $1.28 dividend on an annualized basis and a yield of 3.16%. This is an increase from Greenbrier Companies's previous quarterly dividend of $0.30. Greenbrier Companies's dividend payout ratio (DPR) is presently 20.45%.

Insider Buying and Selling at Greenbrier Companies

In other news, COO William J. Krueger sold 2,000 shares of the firm's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $63.21, for a total value of $126,420.00. Following the sale, the chief operating officer now directly owns 42,714 shares in the company, valued at approximately $2,699,951.94. This trade represents a 4.47 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.78% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

GBX has been the topic of a number of research analyst reports. Susquehanna dropped their target price on shares of Greenbrier Companies from $75.00 to $52.00 and set a "positive" rating on the stock in a research note on Tuesday. Bank of America boosted their price target on Greenbrier Companies from $60.00 to $62.00 and gave the company an "underperform" rating in a report on Thursday, January 9th.

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.