AlphaCrest Capital Management LLC Cuts Stock Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

AlphaCrest Capital Management LLC decreased its stake in shares of The Greenbrier Companies, Inc. (NYSE:GBXGet Rating) by 50.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,248 shares of the transportation company’s stock after selling 19,399 shares during the period. AlphaCrest Capital Management LLC owned about 0.06% of Greenbrier Companies worth $467,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of GBX. JPMorgan Chase & Co. boosted its position in shares of Greenbrier Companies by 16.9% during the first quarter. JPMorgan Chase & Co. now owns 24,285 shares of the transportation company’s stock valued at $1,251,000 after buying an additional 3,506 shares during the last quarter. Bank of Montreal Can boosted its position in shares of Greenbrier Companies by 6.1% during the first quarter. Bank of Montreal Can now owns 9,785 shares of the transportation company’s stock valued at $515,000 after buying an additional 566 shares during the last quarter. MetLife Investment Management LLC boosted its position in shares of Greenbrier Companies by 35.4% during the first quarter. MetLife Investment Management LLC now owns 16,455 shares of the transportation company’s stock valued at $848,000 after buying an additional 4,303 shares during the last quarter. Rhumbline Advisers boosted its position in Greenbrier Companies by 2.9% in the first quarter. Rhumbline Advisers now owns 95,561 shares of the transportation company’s stock worth $4,922,000 after purchasing an additional 2,737 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Greenbrier Companies by 14.1% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 28,058 shares of the transportation company’s stock worth $1,445,000 after purchasing an additional 3,460 shares during the last quarter. Hedge funds and other institutional investors own 95.95% of the company’s stock.

Wall Street Analyst Weigh In

GBX has been the topic of several research analyst reports. Bank of America cut Greenbrier Companies from a “neutral” rating to an “underperform” rating in a research report on Tuesday, January 17th. StockNews.com cut Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Thursday, January 5th. Finally, TheStreet raised Greenbrier Companies from a “c+” rating to a “b-” rating in a research report on Friday, November 18th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, Greenbrier Companies currently has an average rating of “Hold” and a consensus target price of $42.33.

Greenbrier Companies Stock Performance

Shares of GBX opened at $31.03 on Friday. The firm has a market cap of $1.02 billion, a PE ratio of 55.41, a PEG ratio of 2.16 and a beta of 1.52. The stock’s fifty day moving average price is $30.43 and its two-hundred day moving average price is $31.30. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.74 and a quick ratio of 0.83. The Greenbrier Companies, Inc. has a 1 year low of $23.80 and a 1 year high of $53.46.

Greenbrier Companies (NYSE:GBXGet Rating) last issued its earnings results on Friday, January 6th. The transportation company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.42). The firm had revenue of $766.50 million during the quarter, compared to the consensus estimate of $736.80 million. Greenbrier Companies had a net margin of 0.61% and a return on equity of 2.66%. On average, equities research analysts forecast that The Greenbrier Companies, Inc. will post 2.11 EPS for the current year.

Greenbrier Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, February 16th. Shareholders of record on Thursday, January 26th were paid a $0.27 dividend. The ex-dividend date was Wednesday, January 25th. This represents a $1.08 annualized dividend and a dividend yield of 3.48%. Greenbrier Companies’s payout ratio is presently 192.86%.

Greenbrier Companies Profile

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Greenbrier Cos., Inc engages in the design, manufacture and marketing of railroad freight car equipment. It operates through the following segments: Manufacturing, Maintenance Services, Leasing & Management Services, and Corporate. The Manufacturing segment includes double-stack intermodal railcars, tank cars, and marine vessels.

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

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