Y Intercept Hong Kong Ltd Purchases New Position in The Greenbrier Companies, Inc. (NYSE:GBX)

Y Intercept Hong Kong Ltd acquired a new stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 9,831 shares of the transportation company's stock, valued at approximately $600,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of GBX. Hodges Capital Management Inc. boosted its stake in shares of Greenbrier Companies by 216.6% during the third quarter. Hodges Capital Management Inc. now owns 319,094 shares of the transportation company's stock valued at $16,239,000 after purchasing an additional 218,294 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new position in Greenbrier Companies in the 4th quarter valued at approximately $2,527,000. Victory Capital Management Inc. boosted its position in Greenbrier Companies by 6.7% during the 3rd quarter. Victory Capital Management Inc. now owns 513,938 shares of the transportation company's stock worth $26,154,000 after buying an additional 32,191 shares during the period. Harbor Capital Advisors Inc. grew its holdings in Greenbrier Companies by 125.9% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 47,476 shares of the transportation company's stock worth $2,416,000 after acquiring an additional 26,457 shares during the last quarter. Finally, De Lisle Partners LLP grew its holdings in Greenbrier Companies by 36.3% during the 3rd quarter. De Lisle Partners LLP now owns 93,949 shares of the transportation company's stock worth $4,777,000 after acquiring an additional 25,000 shares during the last quarter. Institutional investors own 95.59% of the company's stock.

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Insider Transactions at Greenbrier Companies

In related news, COO William J. Krueger sold 2,000 shares of the stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $63.21, for a total transaction of $126,420.00. Following the transaction, the chief operating officer now directly owns 42,714 shares of the company's stock, valued at $2,699,951.94. This represents a 4.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.78% of the company's stock.

Analysts Set New Price Targets

Separately, Bank of America raised their target price on Greenbrier Companies from $60.00 to $62.00 and gave the stock an "underperform" rating in a research report on Thursday, January 9th. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $63.00.

Greenbrier Companies Trading Up 3.3 %

Shares of NYSE:GBX traded up $1.77 during trading on Wednesday, reaching $55.43. The stock had a trading volume of 325,417 shares, compared to its average volume of 444,891. 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. The firm's fifty day moving average is $62.12 and its 200 day moving average is $58.63. The stock has a market cap of $1.74 billion, a price-to-earnings ratio of 9.67, a P/E/G ratio of 0.80 and a beta of 1.62.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its quarterly earnings results 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. The firm had revenue of $875.90 million during the quarter, compared to the consensus estimate of $849.51 million. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The business's revenue was up 8.3% compared to the same quarter last year. During the same period last year, the business posted $0.96 EPS. As a group, equities analysts forecast that The Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.17%. The ex-dividend date of this dividend was Wednesday, January 29th. Greenbrier Companies's dividend payout ratio (DPR) is presently 20.94%.

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.