Greenbrier Companies, Inc. (The) $GBX Shares Acquired by US Bancorp DE

US Bancorp DE boosted its position in Greenbrier Companies, Inc. (The) (NYSE:GBX) by 111.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,121 shares of the transportation company’s stock after purchasing an additional 590 shares during the quarter. US Bancorp DE’s holdings in Greenbrier Companies were worth $57,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vestcor Inc acquired a new position in shares of Greenbrier Companies in the first quarter valued at approximately $114,000. De Lisle Partners LLP grew its stake in Greenbrier Companies by 29.5% in the 1st quarter. De Lisle Partners LLP now owns 121,675 shares of the transportation company’s stock worth $6,229,000 after acquiring an additional 27,726 shares during the period. GSA Capital Partners LLP acquired a new position in Greenbrier Companies in the 1st quarter valued at $1,580,000. Corton Capital Inc. raised its holdings in Greenbrier Companies by 23.1% in the 1st quarter. Corton Capital Inc. now owns 5,574 shares of the transportation company’s stock valued at $286,000 after acquiring an additional 1,046 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Greenbrier Companies by 10.5% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,883 shares of the transportation company’s stock worth $455,000 after purchasing an additional 846 shares during the period. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Greenbrier Companies news, Director Wanda F. Felton sold 3,652 shares of the company’s stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $54.31, for a total value of $198,340.12. Following the completion of the transaction, the director directly owned 3,000 shares of the company’s stock, valued at $162,930. This represents a 54.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO William J. Krueger sold 4,000 shares of the business’s stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $48.00, for a total transaction of $192,000.00. Following the completion of the sale, the chief operating officer directly owned 32,714 shares of the company’s stock, valued at $1,570,272. The trade was a 10.90% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,379 shares of company stock valued at $595,213. Corporate insiders own 1.78% of the company’s stock.

Greenbrier Companies Price Performance

Shares of Greenbrier Companies stock opened at $45.97 on Tuesday. The business’s fifty day moving average price is $48.07 and its 200 day moving average price is $49.24. Greenbrier Companies, Inc. has a twelve month low of $37.77 and a twelve month high of $71.06. The company has a current ratio of 1.48, a quick ratio of 0.82 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $1.42 billion, a P/E ratio of 6.51, a PEG ratio of 1.28 and a beta of 1.69.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings data on Tuesday, July 1st. The transportation company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.87. The business had revenue of $842.70 million for the quarter, compared to analyst estimates of $785.72 million. Greenbrier Companies had a return on equity of 14.56% and a net margin of 6.48%. The company’s revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.06 EPS. As a group, research analysts anticipate that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 7th. Investors of record on Thursday, July 17th were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Thursday, July 17th. Greenbrier Companies’s dividend payout ratio (DPR) is presently 18.13%.

Wall Street Analyst Weigh In

GBX has been the topic of several recent analyst reports. Susquehanna increased their target price on Greenbrier Companies from $52.00 to $57.00 and gave the stock a “positive” rating in a research report on Wednesday, July 2nd. Wall Street Zen downgraded shares of Greenbrier Companies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 9th.

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.