GSA Capital Partners LLP acquired a new position in shares of Greenbrier Companies Inc (NYSE:GBX) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,000 shares of the company’s stock, valued at approximately $457,000.
Several other large investors have also made changes to their positions in the stock. Eqis Capital Management Inc. acquired a new stake in shares of Greenbrier Companies during the third quarter worth $296,000. Capstone Asset Management Co. increased its stake in shares of Greenbrier Companies by 3.6% in the third quarter. Capstone Asset Management Co. now owns 14,376 shares of the company’s stock worth $507,000 after buying an additional 500 shares in the last quarter. Smith Graham & Co. Investment Advisors LP increased its stake in shares of Greenbrier Companies by 23.5% in the third quarter. Smith Graham & Co. Investment Advisors LP now owns 192,074 shares of the company’s stock worth $6,780,000 after buying an additional 36,610 shares in the last quarter. American National Bank increased its stake in shares of Greenbrier Companies by 7.5% in the third quarter. American National Bank now owns 52,424 shares of the company’s stock worth $1,850,000 after buying an additional 3,657 shares in the last quarter. Finally, Bank of Montreal Can increased its stake in shares of Greenbrier Companies by 113.8% in the third quarter. Bank of Montreal Can now owns 63,965 shares of the company’s stock worth $2,258,000 after buying an additional 34,044 shares in the last quarter. 99.01% of the stock is owned by institutional investors and hedge funds.
Shares of Greenbrier Companies Inc (NYSE:GBX) opened at 42.50 on Tuesday. Greenbrier Companies Inc has a 1-year low of $24.27 and a 1-year high of $49.50. The company’s 50-day moving average is $43.57 and its 200 day moving average is $39.50. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of 9.73 and a beta of 2.13.
Greenbrier Companies (NYSE:GBX) last released its quarterly earnings data on Friday, January 6th. The company reported $0.79 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by $0.04. The business had revenue of $552.30 million for the quarter. Greenbrier Companies had a return on equity of 13.98% and a net margin of 5.71%. The business’s revenue for the quarter was down 31.2% compared to the same quarter last year. During the same period last year, the firm earned $2.15 earnings per share. On average, analysts expect that Greenbrier Companies Inc will post $3.46 EPS for the current fiscal year.
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Several research firms have commented on GBX. Longbow Research cut shares of Greenbrier Companies from a “neutral” rating to an “underperform” rating and set a $27.00 target price for the company. in a research report on Tuesday, January 3rd. Cowen and Company upped their target price on shares of Greenbrier Companies from $39.00 to $50.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 10th. Stifel Nicolaus restated a “hold” rating and issued a $43.00 target price (up previously from $33.00) on shares of Greenbrier Companies in a research report on Wednesday, January 11th. Zacks Investment Research cut shares of Greenbrier Companies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 10th. Finally, CLSA cut shares of Greenbrier Companies from an “underperform” rating to a “sell” rating in a research report on Thursday, January 19th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. Greenbrier Companies presently has a consensus rating of “Hold” and a consensus price target of $34.98.
In related news, EVP Mark J. Rittenbaum sold 6,250 shares of the stock in a transaction dated Friday, January 6th. The shares were sold at an average price of $44.75, for a total transaction of $279,687.50. Following the completion of the sale, the executive vice president now owns 63,857 shares in the company, valued at approximately $2,857,600.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 4.60% of the stock is currently owned by company insiders.
About Greenbrier Companies
The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.
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