Quantinno Capital Management LP Has $2.08 Million Holdings in Greenbrier Companies, Inc. (The) $GBX

Quantinno Capital Management LP raised its holdings in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) by 359.1% during the 1st quarter, HoldingsChannel reports. The fund owned 39,563 shares of the transportation company’s stock after purchasing an additional 30,945 shares during the period. Quantinno Capital Management LP’s holdings in Greenbrier Companies were worth $2,083,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Toronto Dominion Bank boosted its holdings in shares of Greenbrier Companies by 254.6% during the fourth quarter. Toronto Dominion Bank now owns 1,859,224 shares of the transportation company’s stock worth $86,900,000 after purchasing an additional 1,334,891 shares during the period. Deprince Race & Zollo Inc. purchased a new stake in Greenbrier Companies in the 1st quarter worth approximately $20,312,000. Goldman Sachs Group Inc. lifted its position in Greenbrier Companies by 98.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 762,907 shares of the transportation company’s stock worth $35,658,000 after buying an additional 379,314 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Greenbrier Companies by 2,223.0% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 160,592 shares of the transportation company’s stock valued at $7,415,000 after buying an additional 153,679 shares during the period. Finally, Qube Research & Technologies Ltd boosted its stake in shares of Greenbrier Companies by 42.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 510,505 shares of the transportation company’s stock valued at $23,509,000 after buying an additional 152,524 shares during the period. Institutional investors and hedge funds own 95.59% of the company’s stock.

Greenbrier Companies Stock Down 2.3%

NYSE:GBX opened at $46.13 on Tuesday. The company’s 50 day moving average is $48.82 and its 200-day moving average is $50.78. Greenbrier Companies, Inc. has a 12 month low of $38.23 and a 12 month high of $59.19. The firm has a market cap of $1.43 billion, a price-to-earnings ratio of 13.69 and a beta of 1.43.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings data on Wednesday, July 1st. The transportation company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.03. Greenbrier Companies had a net margin of 4.07% and a return on equity of 6.49%. The business had revenue of $576.50 million during the quarter, compared to the consensus estimate of $612.69 million. During the same period in the prior year, the firm earned $1.86 EPS. Greenbrier Companies’s quarterly revenue was down 31.6% compared to the same quarter last year. Research analysts predict that Greenbrier Companies, Inc. will post 3.1 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 6th. Shareholders of record on Thursday, July 16th were issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Thursday, July 16th. Greenbrier Companies’s dividend payout ratio is 40.36%.

Analyst Upgrades and Downgrades

GBX has been the topic of several research reports. Zacks Research raised Greenbrier Companies from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. Wall Street Zen raised Greenbrier Companies from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Susquehanna lowered shares of Greenbrier Companies from a “positive” rating to a “neutral” rating and set a $52.00 price objective on the stock. in a research report on Thursday, July 2nd. Finally, Weiss Ratings cut shares of Greenbrier Companies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 5th. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Greenbrier Companies presently has a consensus rating of “Reduce” and a consensus price target of $45.00.

About Greenbrier Companies

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.