The Greenbrier Companies, Inc. (NYSE:GBX) Shares Sold by Stifel Financial Corp

Stifel Financial Corp lowered its stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 42.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,294 shares of the transportation company’s stock after selling 3,939 shares during the quarter. Stifel Financial Corp’s holdings in Greenbrier Companies were worth $323,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Tidal Investments LLC raised its stake in shares of Greenbrier Companies by 27.9% in the 3rd quarter. Tidal Investments LLC now owns 5,454 shares of the transportation company’s stock worth $278,000 after buying an additional 1,190 shares in the last quarter. Franklin Resources Inc. grew its stake in Greenbrier Companies by 3.1% in the third quarter. Franklin Resources Inc. now owns 18,858 shares of the transportation company’s stock valued at $990,000 after purchasing an additional 562 shares in the last quarter. Cullen Investment Group LTD. lifted its position in shares of Greenbrier Companies by 1.0% in the fourth quarter. Cullen Investment Group LTD. now owns 19,675 shares of the transportation company’s stock worth $1,200,000 after buying an additional 204 shares during the last quarter. Carolina Wealth Advisors LLC lifted its position in shares of Greenbrier Companies by 2.4% in the fourth quarter. Carolina Wealth Advisors LLC now owns 13,859 shares of the transportation company’s stock worth $845,000 after buying an additional 331 shares during the last quarter. Finally, Hennessy Advisors Inc. lifted its position in shares of Greenbrier Companies by 6.8% during the 4th quarter. Hennessy Advisors Inc. now owns 197,300 shares of the transportation company’s stock worth $12,033,000 after purchasing an additional 12,600 shares during the last quarter. Institutional investors and hedge funds own 95.59% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Susquehanna cut their price target on Greenbrier Companies from $75.00 to $52.00 and set a “positive” rating for the company in a report on Tuesday, April 8th.

Greenbrier Companies Stock Performance

GBX stock opened at $47.63 on Wednesday. The company has a market cap of $1.50 billion, a P/E ratio of 8.31, a price-to-earnings-growth ratio of 0.80 and a beta of 1.79. The Greenbrier Companies, Inc. has a twelve month low of $37.77 and a twelve month high of $71.06. The company has a quick ratio of 0.84, a current ratio of 1.53 and a debt-to-equity ratio of 0.89. The business’s fifty day moving average is $47.14 and its 200-day moving average is $57.76.

Greenbrier Companies (NYSE:GBX) last released its earnings results on Monday, April 7th. The transportation company reported $1.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.09). Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The company had revenue of $762.10 million during the quarter, compared to analyst estimates of $898.53 million. During the same period in the prior year, the firm posted $1.03 EPS. Greenbrier Companies’s revenue was down 11.7% compared to the same quarter last year. Equities research analysts forecast that The Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Tuesday, April 22nd were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 2.69%. This is a boost from Greenbrier Companies’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Tuesday, April 22nd. Greenbrier Companies’s dividend payout ratio (DPR) is 20.45%.

Greenbrier Companies Profile

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.