Caisse DE Depot ET Placement DU Quebec acquired a new position in Greenbrier Companies, Inc. (The) (NYSE:GBX – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 78,300 shares of the transportation company’s stock, valued at approximately $4,011,000.
Several other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in Greenbrier Companies by 6.8% in the 1st quarter. Vanguard Group Inc. now owns 3,778,630 shares of the transportation company’s stock worth $193,541,000 after purchasing an additional 242,180 shares during the last quarter. Encompass Capital Advisors LLC raised its position in Greenbrier Companies by 26.2% in the 4th quarter. Encompass Capital Advisors LLC now owns 930,236 shares of the transportation company’s stock worth $56,735,000 after purchasing an additional 193,340 shares during the last quarter. LSV Asset Management raised its position in Greenbrier Companies by 9.1% in the 1st quarter. LSV Asset Management now owns 595,064 shares of the transportation company’s stock worth $30,479,000 after purchasing an additional 49,879 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its position in Greenbrier Companies by 5.4% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 569,228 shares of the transportation company’s stock worth $29,156,000 after purchasing an additional 29,408 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in Greenbrier Companies by 2.0% in the 4th quarter. Ameriprise Financial Inc. now owns 536,381 shares of the transportation company’s stock worth $32,714,000 after purchasing an additional 10,521 shares during the last quarter. Institutional investors own 95.59% of the company’s stock.
Greenbrier Companies Stock Performance
GBX stock opened at $46.96 on Friday. The business’s fifty day moving average is $48.21 and its 200-day moving average is $48.46. The company has a quick ratio of 0.82, a current ratio of 1.48 and a debt-to-equity ratio of 0.83. The company has a market cap of $1.45 billion, a P/E ratio of 6.65, a price-to-earnings-growth ratio of 1.32 and a beta of 1.69. Greenbrier Companies, Inc. has a twelve month low of $37.77 and a twelve month high of $71.06.
Greenbrier Companies Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 7th. Investors of record on Thursday, July 17th were given a $0.32 dividend. The ex-dividend date was Thursday, July 17th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.7%. Greenbrier Companies’s dividend payout ratio is currently 18.13%.
Insider Activity
In related news, Director Wanda F. Felton sold 3,652 shares of the company’s stock in a transaction on Friday, July 11th. The shares were sold at an average price of $54.31, for a total value of $198,340.12. Following the completion of the sale, the director owned 3,000 shares in the company, valued at $162,930. This represents a 54.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO William J. Krueger sold 4,000 shares of the company’s stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $48.00, for a total transaction of $192,000.00. Following the completion of the sale, the chief operating officer owned 32,714 shares of the company’s stock, valued at approximately $1,570,272. This represents a 10.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,379 shares of company stock worth $595,213 in the last 90 days. Corporate insiders own 1.78% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on the stock. Susquehanna boosted their price objective on shares of Greenbrier Companies from $52.00 to $57.00 and gave the stock a “positive” rating in a research report on Wednesday, July 2nd. Wall Street Zen downgraded Greenbrier Companies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 9th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $59.50.
Get Our Latest Analysis on GBX
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.
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