Dimensional Fund Advisors LP lifted its position in shares of Greenbrier Companies Inc (NYSE:GBX) by 10.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,723,030 shares of the transportation company’s stock after purchasing an additional 260,043 shares during the quarter. Dimensional Fund Advisors LP owned 0.08% of Greenbrier Companies worth $107,669,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of GBX. Flagship Harbor Advisors LLC raised its holdings in Greenbrier Companies by 160.0% during the fourth quarter. Flagship Harbor Advisors LLC now owns 650 shares of the transportation company’s stock worth $25,000 after acquiring an additional 400 shares in the last quarter. Roosevelt Investment Group Inc. bought a new stake in Greenbrier Companies during the fourth quarter worth about $226,000. Quantamental Technologies LLC bought a new stake in Greenbrier Companies during the fourth quarter worth about $255,000. Xact Kapitalforvaltning AB raised its holdings in Greenbrier Companies by 27.8% during the fourth quarter. Xact Kapitalforvaltning AB now owns 6,444 shares of the transportation company’s stock worth $255,000 after acquiring an additional 1,400 shares in the last quarter. Finally, Oppenheimer & Co. Inc. bought a new stake in Greenbrier Companies during the fourth quarter worth about $258,000.
Several research firms recently issued reports on GBX. ValuEngine lowered Greenbrier Companies from a “sell” rating to a “strong sell” rating in a report on Friday, February 22nd. Zacks Investment Research lowered Greenbrier Companies from a “hold” rating to a “sell” rating in a report on Monday, March 18th. Stifel Nicolaus set a $44.00 target price on Greenbrier Companies and gave the stock a “buy” rating in a report on Monday, April 22nd. Wells Fargo & Co dropped their price objective on Greenbrier Companies from $43.00 to $36.00 and set a “market perform” rating on the stock in a research note on Monday, March 25th. Finally, Cowen restated a “buy” rating and issued a $49.00 price objective on shares of Greenbrier Companies in a research note on Wednesday, April 10th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $47.00.
Greenbrier Companies (NYSE:GBX) last released its quarterly earnings data on Friday, April 5th. The transportation company reported $0.22 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.22. The firm had revenue of $658.70 million for the quarter, compared to analyst estimates of $649.42 million. Greenbrier Companies had a return on equity of 6.81% and a net margin of 3.26%. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.02 earnings per share. Equities research analysts predict that Greenbrier Companies Inc will post 3.62 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Wednesday, April 24th were paid a $0.25 dividend. The ex-dividend date was Tuesday, April 23rd. This represents a $1.00 annualized dividend and a yield of 2.89%. Greenbrier Companies’s dividend payout ratio is 24.21%.
In other Greenbrier Companies news, EVP Mark J. Rittenbaum sold 7,603 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $35.94, for a total value of $273,251.82. Following the sale, the executive vice president now owns 63,837 shares in the company, valued at $2,294,301.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Martin Raymond Baker sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $35.53, for a total value of $71,060.00. Following the completion of the sale, the senior vice president now owns 26,284 shares in the company, valued at approximately $933,870.52. The disclosure for this sale can be found here. 1.76% of the stock is owned by corporate insiders.
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Greenbrier Companies Company Profile
The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. The company operates in three segments: Manufacturing; Wheels, Repair & Parts; and Leasing & Services. The Manufacturing segment offers double-stack intermodal railcars; tank cars; auto-max and multi-max products for the transportation of light vehicles; conventional railcars, such as covered hopper cars, boxcars, center partition cars, bulkhead flat cars, and solid waste service flat cars; pressurized tank cars, non-pressurized tank cars, coil cars, coal cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels, including conventional deck barges, double-hull tank barges, railcar/deck barges, barges for aggregates, and other heavy industrial products and dump barges.
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