LSV Asset Management Has $30.18 Million Stake in Greenbrier Companies, Inc. (The) $GBX

LSV Asset Management increased its stake in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) by 10.2% during the second quarter, HoldingsChannel reports. The institutional investor owned 655,464 shares of the transportation company’s stock after buying an additional 60,400 shares during the quarter. LSV Asset Management’s holdings in Greenbrier Companies were worth $30,184,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in GBX. Fox Run Management L.L.C. raised its holdings in Greenbrier Companies by 2.1% in the 1st quarter. Fox Run Management L.L.C. now owns 16,271 shares of the transportation company’s stock valued at $833,000 after acquiring an additional 327 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of Greenbrier Companies by 7.4% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,059 shares of the transportation company’s stock worth $371,000 after purchasing an additional 555 shares in the last quarter. US Bancorp DE increased its position in shares of Greenbrier Companies by 111.1% in the first quarter. US Bancorp DE now owns 1,121 shares of the transportation company’s stock worth $57,000 after purchasing an additional 590 shares during the period. Moors & Cabot Inc. raised its stake in Greenbrier Companies by 5.9% in the second quarter. Moors & Cabot Inc. now owns 12,650 shares of the transportation company’s stock valued at $583,000 after purchasing an additional 700 shares in the last quarter. Finally, Sittner & Nelson LLC raised its stake in Greenbrier Companies by 1.5% in the second quarter. Sittner & Nelson LLC now owns 51,233 shares of the transportation company’s stock valued at $2,359,000 after purchasing an additional 777 shares in the last quarter. Institutional investors own 95.59% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on GBX. Wall Street Zen downgraded shares of Greenbrier Companies from a “strong-buy” rating to a “hold” rating in a research note on Saturday, November 1st. Susquehanna cut their price target on shares of Greenbrier Companies from $57.00 to $52.00 and set a “positive” rating for the company in a report on Wednesday, October 29th. Zacks Research cut shares of Greenbrier Companies from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 30th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Greenbrier Companies in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Greenbrier Companies has a consensus rating of “Reduce” and a consensus target price of $57.00.

Greenbrier Companies Stock Up 1.1%

GBX stock opened at $42.15 on Wednesday. The firm has a 50-day moving average price of $44.72 and a 200-day moving average price of $46.23. Greenbrier Companies, Inc. has a 12 month low of $37.77 and a 12 month high of $71.06. The company has a current ratio of 2.43, a quick ratio of 0.82 and a debt-to-equity ratio of 1.03. The stock has a market capitalization of $1.31 billion, a P/E ratio of 6.69, a price-to-earnings-growth ratio of 1.82 and a beta of 1.75.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings results on Wednesday, May 31st. The transportation company reported $0.05 earnings per share (EPS) for the quarter. The company had revenue of $766.50 million for the quarter. Greenbrier Companies had a net margin of 6.30% and a return on equity of 12.90%. As a group, equities research analysts anticipate that Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 3rd. Stockholders of record on Wednesday, November 12th will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Wednesday, November 12th. Greenbrier Companies’s dividend payout ratio is presently 20.32%.

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.