Westbourne Investment Advisors Inc. Sells 2,335 Shares of Greenbrier Companies Inc (NYSE:GBX)

Westbourne Investment Advisors Inc. trimmed its stake in shares of Greenbrier Companies Inc (NYSE:GBX) by 4.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,010 shares of the transportation company’s stock after selling 2,335 shares during the quarter. Greenbrier Companies makes up 1.3% of Westbourne Investment Advisors Inc.’s investment portfolio, making the stock its 23rd largest position. Westbourne Investment Advisors Inc. owned approximately 0.17% of Greenbrier Companies worth $1,687,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of GBX. Arizona State Retirement System grew its holdings in shares of Greenbrier Companies by 0.7% in the second quarter. Arizona State Retirement System now owns 50,269 shares of the transportation company’s stock worth $1,528,000 after acquiring an additional 365 shares during the period. NEXT Financial Group Inc grew its holdings in shares of Greenbrier Companies by 30.8% in the second quarter. NEXT Financial Group Inc now owns 1,700 shares of the transportation company’s stock worth $52,000 after acquiring an additional 400 shares during the period. Public Employees Retirement System of Ohio grew its holdings in shares of Greenbrier Companies by 13.2% in the second quarter. Public Employees Retirement System of Ohio now owns 4,273 shares of the transportation company’s stock worth $130,000 after acquiring an additional 497 shares during the period. Verition Fund Management LLC grew its holdings in shares of Greenbrier Companies by 3.7% in the second quarter. Verition Fund Management LLC now owns 22,715 shares of the transportation company’s stock worth $690,000 after acquiring an additional 807 shares during the period. Finally, Advisory Services Network LLC grew its holdings in shares of Greenbrier Companies by 242.2% in the second quarter. Advisory Services Network LLC now owns 1,540 shares of the transportation company’s stock worth $47,000 after acquiring an additional 1,090 shares during the period. Institutional investors and hedge funds own 88.71% of the company’s stock.

NYSE:GBX traded up $0.53 during mid-day trading on Tuesday, hitting $31.33. 112,497 shares of the company traded hands, compared to its average volume of 294,201. The stock’s fifty day moving average price is $28.34 and its 200-day moving average price is $29.22. Greenbrier Companies Inc has a one year low of $21.30 and a one year high of $59.67. The company has a quick ratio of 1.43, a current ratio of 2.61 and a debt-to-equity ratio of 0.34. The firm has a market cap of $1.00 billion, a price-to-earnings ratio of 7.59, a price-to-earnings-growth ratio of 0.93 and a beta of 2.09.

Several analysts recently commented on GBX shares. ValuEngine raised Greenbrier Companies from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Wells Fargo & Co cut their price target on Greenbrier Companies from $36.00 to $30.00 and set a “market perform” rating for the company in a report on Wednesday, July 3rd. Buckingham Research lowered Greenbrier Companies from a “neutral” rating to an “underperform” rating and cut their price target for the company from $34.00 to $21.00 in a report on Wednesday, July 24th. Cowen reissued an “outperform” rating and set a $42.00 price target (down previously from $48.00) on shares of Greenbrier Companies in a report on Thursday, July 18th. Finally, Stifel Nicolaus cut their price target on Greenbrier Companies from $44.00 to $36.00 and set a “buy” rating for the company in a report on Wednesday, July 3rd. Two research analysts have rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $37.13.

Greenbrier Companies 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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Institutional Ownership by Quarter for Greenbrier Companies (NYSE:GBX)

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