von Borstel & Associates Inc. Makes New $1.82 Million Investment in The Greenbrier Companies, Inc. (NYSE:GBX)

von Borstel & Associates Inc. bought a new position in The Greenbrier Companies, Inc. (NYSE:GBX) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 35,839 shares of the transportation company’s stock, valued at approximately $1,823,000. Greenbrier Companies comprises about 1.0% of von Borstel & Associates Inc.’s investment portfolio, making the stock its 14th largest position. von Borstel & Associates Inc. owned approximately 0.12% of Greenbrier Companies as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in GBX. Encompass Capital Advisors LLC purchased a new stake in Greenbrier Companies during the second quarter valued at about $19,820,000. Hennessy Advisors Inc. acquired a new stake in shares of Greenbrier Companies in the 2nd quarter valued at $8,126,000. LSV Asset Management boosted its holdings in Greenbrier Companies by 112.4% in the first quarter. LSV Asset Management now owns 218,133 shares of the transportation company’s stock worth $11,365,000 after purchasing an additional 115,421 shares in the last quarter. Galibier Capital Management Ltd. acquired a new position in Greenbrier Companies during the second quarter worth $5,175,000. Finally, SG Capital Management LLC bought a new position in Greenbrier Companies during the first quarter valued at about $4,594,000. 95.59% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, SVP Laurie R. Dornan sold 5,935 shares of the company’s stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $50.92, for a total value of $302,210.20. Following the completion of the sale, the senior vice president now owns 23,226 shares in the company, valued at $1,182,667.92. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.54% of the company’s stock.

Greenbrier Companies Price Performance

Shares of NYSE GBX traded down $0.38 during mid-day trading on Tuesday, hitting $52.14. 100,434 shares of the stock were exchanged, compared to its average volume of 319,346. The company has a market cap of $1.62 billion, a P/E ratio of 13.74, a PEG ratio of 0.60 and a beta of 1.53. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.85 and a current ratio of 1.73. The Greenbrier Companies, Inc. has a twelve month low of $32.00 and a twelve month high of $58.00. The stock’s fifty day simple moving average is $48.04 and its two-hundred day simple moving average is $49.81.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Friday, August 23rd. One investment analyst has rated the stock with a sell rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $62.67.

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.