Greenbrier Companies, Inc. (The) $GBX Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH decreased its position in Greenbrier Companies, Inc. (The) (NYSE:GBX) by 24.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 83,348 shares of the transportation company’s stock after selling 26,479 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Greenbrier Companies were worth $3,899,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quarry LP raised its holdings in Greenbrier Companies by 6,900.0% during the third quarter. Quarry LP now owns 1,120 shares of the transportation company’s stock worth $52,000 after purchasing an additional 1,104 shares in the last quarter. State of Wyoming acquired a new stake in Greenbrier Companies during the third quarter worth approximately $58,000. Tower Research Capital LLC TRC raised its holdings in Greenbrier Companies by 282.4% during the second quarter. Tower Research Capital LLC TRC now owns 3,040 shares of the transportation company’s stock worth $140,000 after purchasing an additional 2,245 shares in the last quarter. Meeder Asset Management Inc. raised its holdings in Greenbrier Companies by 404.0% during the third quarter. Meeder Asset Management Inc. now owns 3,362 shares of the transportation company’s stock worth $155,000 after purchasing an additional 2,695 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new stake in Greenbrier Companies during the third quarter worth approximately $180,000. Institutional investors and hedge funds own 95.59% of the company’s stock.

Insider Activity

In other news, COO William J. Krueger sold 6,000 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $50.00, for a total transaction of $300,000.00. Following the transaction, the chief operating officer directly owned 59,262 shares in the company, valued at approximately $2,963,100. This trade represents a 9.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.71% of the company’s stock.

Greenbrier Companies Trading Down 1.1%

Shares of GBX opened at $47.87 on Thursday. The firm has a market cap of $1.48 billion, a PE ratio of 10.34, a price-to-earnings-growth ratio of 2.83 and a beta of 1.62. The company’s 50 day simple moving average is $52.59 and its 200-day simple moving average is $49.17. Greenbrier Companies, Inc. has a 12-month low of $38.23 and a 12-month high of $59.19.

Greenbrier Companies (NYSE:GBX) last announced its earnings results on Tuesday, April 7th. The transportation company reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.35). The business had revenue of $587.50 million for the quarter, compared to analysts’ expectations of $667.02 million. Greenbrier Companies had a return on equity of 8.94% and a net margin of 5.12%.The business’s revenue was down 22.9% on a year-over-year basis. During the same quarter last year, the business posted $1.56 earnings per share. As a group, equities research analysts forecast that Greenbrier Companies, Inc. will post 3.2 EPS for the current fiscal year.

Greenbrier Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Monday, April 20th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.8%. This is a boost from Greenbrier Companies’s previous quarterly dividend of $0.32. The ex-dividend date is Monday, April 20th. Greenbrier Companies’s payout ratio is 29.37%.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Greenbrier Companies in a report on Tuesday, April 21st. Zacks Research cut shares of Greenbrier Companies from a “hold” rating to a “strong sell” rating in a report on Thursday, April 9th. Finally, Susquehanna raised their price objective on shares of Greenbrier Companies from $52.00 to $60.00 and gave the stock a “positive” rating in a report on Monday, January 26th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Greenbrier Companies presently has an average rating of “Reduce” and an average price target of $49.00.

Greenbrier Companies Company Profile

The Greenbrier Companies, headquartered in Lake Oswego, Oregon, is a leading supplier of freight transportation equipment and services. The company designs, engineers and manufactures railroad freight cars—such as intermodal well cars, covered hoppers, tank cars and double-stack cars—as well as marine barges for domestic and international customers. Beyond original equipment production, Greenbrier provides aftermarket services including maintenance, repair, refurbishment and mechanical overhauls under long-term service agreements.

Greenbrier’s operations are organized into OEM and aftermarket segments, with manufacturing facilities and engineering centers across North America, Europe and Russia.