Segall Bryant & Hamill LLC lessened its stake in The Greenbrier Companies, Inc. (NYSE:GBX – Free Report) by 13.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 90,566 shares of the transportation company’s stock after selling 13,802 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.29% of Greenbrier Companies worth $5,524,000 at the end of the most recent quarter.
Several other institutional investors also recently made changes to their positions in the stock. R Squared Ltd acquired a new stake in Greenbrier Companies during the 4th quarter worth approximately $26,000. Smartleaf Asset Management LLC grew its stake in Greenbrier Companies by 241.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company’s stock worth $56,000 after buying an additional 644 shares during the period. KBC Group NV increased its position in shares of Greenbrier Companies by 57.8% in the fourth quarter. KBC Group NV now owns 1,466 shares of the transportation company’s stock worth $89,000 after acquiring an additional 537 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Greenbrier Companies in the 3rd quarter valued at $107,000. Finally, Westhampton Capital LLC purchased a new stake in Greenbrier Companies during the 4th quarter worth $207,000. 95.59% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other news, COO William J. Krueger sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $63.21, for a total transaction of $126,420.00. Following the completion of the transaction, the chief operating officer now directly owns 42,714 shares of the company’s stock, valued at approximately $2,699,951.94. This represents a 4.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.78% of the stock is currently owned by corporate insiders.
Greenbrier Companies Price Performance
Greenbrier Companies (NYSE:GBX – Get Free Report) last released its earnings results on Wednesday, January 8th. The transportation company reported $1.72 EPS for the quarter, beating the consensus estimate of $1.16 by $0.56. The company had revenue of $875.90 million during the quarter, compared to analysts’ expectations of $849.51 million. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The business’s revenue was up 8.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.96 EPS. Equities research analysts expect that The Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.
Greenbrier Companies Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were given a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $1.20 annualized dividend and a dividend yield of 2.26%. Greenbrier Companies’s payout ratio is 20.94%.
Analysts Set New Price Targets
Separately, Bank of America raised their price objective on Greenbrier Companies from $60.00 to $62.00 and gave the company an “underperform” rating in a research report on Thursday, January 9th. Two analysts have rated the stock with a sell rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Greenbrier Companies presently has a consensus rating of “Hold” and a consensus target price of $63.00.
View Our Latest Analysis on Greenbrier Companies
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.
Featured Stories
- Five stocks we like better than Greenbrier Companies
- ETF Screener: Uses and Step-by-Step Guide
- Penny Stock SurgePays Rises 70%: 1 Reason to Buy, 5 to SellĀ
- Russell 2000 Index, How Investors Use it For Profitable Trading
- Top 3 Beverage Stocks Pouring Out Profits
- Consumer Discretionary Stocks Explained
- CarMax and Carvana: Steering the Used Car Market
Want to see what other hedge funds are holding GBX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Greenbrier Companies, Inc. (NYSE:GBX – Free Report).
Receive News & Ratings for Greenbrier Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greenbrier Companies and related companies with MarketBeat.com's FREE daily email newsletter.