LSV Asset Management Buys 28,712 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

LSV Asset Management raised its position in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 38.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 102,712 shares of the transportation company’s stock after purchasing an additional 28,712 shares during the quarter. LSV Asset Management owned approximately 0.33% of Greenbrier Companies worth $4,538,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. American Century Companies Inc. increased its position in shares of Greenbrier Companies by 306.6% during the third quarter. American Century Companies Inc. now owns 255,503 shares of the transportation company’s stock worth $10,220,000 after buying an additional 192,657 shares during the period. Schonfeld Strategic Advisors LLC bought a new stake in Greenbrier Companies during the third quarter valued at $4,710,000. Victory Capital Management Inc. grew its holdings in Greenbrier Companies by 74.9% during the 4th quarter. Victory Capital Management Inc. now owns 192,667 shares of the transportation company’s stock worth $8,512,000 after acquiring an additional 82,540 shares during the period. UBS Group AG raised its position in shares of Greenbrier Companies by 248.7% in the 3rd quarter. UBS Group AG now owns 96,793 shares of the transportation company’s stock worth $3,872,000 after acquiring an additional 69,036 shares in the last quarter. Finally, Numerai GP LLC acquired a new position in shares of Greenbrier Companies in the 3rd quarter valued at about $2,053,000. Institutional investors own 95.59% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on GBX shares. Stephens lifted their target price on Greenbrier Companies from $62.00 to $65.00 and gave the stock an “overweight” rating in a report on Monday, April 8th. TD Cowen lifted their price objective on shares of Greenbrier Companies from $53.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, April 8th. Finally, Susquehanna boosted their target price on shares of Greenbrier Companies from $56.00 to $63.00 and gave the company a “positive” rating in a research report on Tuesday, April 9th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Greenbrier Companies has an average rating of “Hold” and an average price target of $54.00.

Insider Activity at Greenbrier Companies

In other news, COO William J. Krueger sold 8,800 shares of the company’s stock in a transaction on Wednesday, April 10th. The shares were sold at an average price of $52.87, for a total value of $465,256.00. Following the completion of the sale, the chief operating officer now owns 36,529 shares in the company, valued at approximately $1,931,288.23. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Greenbrier Companies news, COO William J. Krueger sold 8,800 shares of the company’s stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of $52.87, for a total value of $465,256.00. Following the completion of the sale, the chief operating officer now directly owns 36,529 shares of the company’s stock, valued at approximately $1,931,288.23. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Christian Lucky sold 1,454 shares of Greenbrier Companies stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $52.94, for a total transaction of $76,974.76. Following the transaction, the senior vice president now directly owns 7,841 shares in the company, valued at approximately $415,102.54. The disclosure for this sale can be found here. In the last three months, insiders sold 40,176 shares of company stock valued at $2,104,013. 2.54% of the stock is owned by insiders.

Greenbrier Companies Stock Performance

GBX opened at $52.81 on Thursday. The Greenbrier Companies, Inc. has a 1-year low of $26.04 and a 1-year high of $58.00. The company has a market cap of $1.64 billion, a price-to-earnings ratio of 15.53, a PEG ratio of 1.81 and a beta of 1.65. The company’s fifty day moving average price is $51.37 and its two-hundred day moving average price is $45.62. The company has a current ratio of 1.73, a quick ratio of 0.85 and a debt-to-equity ratio of 0.98.

Greenbrier Companies (NYSE:GBX) last posted its earnings results on Friday, April 5th. The transportation company reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.28. The company had revenue of $862.70 million for the quarter, compared to analyst estimates of $841.58 million. Greenbrier Companies had a net margin of 2.97% and a return on equity of 9.05%. The firm’s revenue was down 23.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.99 EPS. On average, analysts expect that The Greenbrier Companies, Inc. will post 4.13 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 14th. Investors of record on Tuesday, April 23rd will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, April 22nd. This represents a $1.20 annualized dividend and a yield of 2.27%. Greenbrier Companies’s dividend payout ratio (DPR) is currently 35.29%.

About Greenbrier Companies

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.