Dimensional Fund Advisors LP Reduces Stake in Greenbrier Companies, Inc. (The) $GBX

Dimensional Fund Advisors LP decreased its stake in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) by 10.0% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 2,055,333 shares of the transportation company’s stock after selling 228,934 shares during the period. Dimensional Fund Advisors LP owned 6.55% of Greenbrier Companies worth $105,274,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. purchased a new stake in Greenbrier Companies during the 1st quarter worth about $586,000. New York State Teachers Retirement System lifted its holdings in Greenbrier Companies by 27.2% during the 1st quarter. New York State Teachers Retirement System now owns 13,848 shares of the transportation company’s stock worth $709,000 after purchasing an additional 2,960 shares in the last quarter. Northern Trust Corp lifted its holdings in Greenbrier Companies by 20.5% during the 4th quarter. Northern Trust Corp now owns 389,406 shares of the transportation company’s stock worth $23,750,000 after purchasing an additional 66,185 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Greenbrier Companies by 6,100.3% during the 1st quarter. GAMMA Investing LLC now owns 38,876 shares of the transportation company’s stock worth $1,991,000 after purchasing an additional 38,249 shares in the last quarter. Finally, NBC Securities Inc. lifted its holdings in Greenbrier Companies by 108,700.0% during the 1st quarter. NBC Securities Inc. now owns 1,088 shares of the transportation company’s stock worth $55,000 after purchasing an additional 1,087 shares in the last quarter. Hedge funds and other institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Trading Up 3.5%

NYSE GBX opened at $47.43 on Friday. The stock’s 50-day simple moving average is $48.10 and its two-hundred day simple moving average is $48.85. 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 0.82, a current ratio of 1.48 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 6.72, a PEG ratio of 1.33 and a beta of 1.69.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings results on Tuesday, July 1st. The transportation company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.87. Greenbrier Companies had a return on equity of 14.56% and a net margin of 6.48%.The firm had revenue of $842.70 million during the quarter, compared to analyst estimates of $785.72 million. During the same quarter in the previous year, the company posted $1.06 earnings per share. The company’s revenue was up 2.7% compared to the same quarter last year. Greenbrier Companies has set its FY 2025 guidance at EPS. Research analysts forecast that Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 7th. Shareholders of record on Thursday, July 17th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Thursday, July 17th. This represents a $1.28 annualized dividend and a yield of 2.7%. Greenbrier Companies’s payout ratio is 18.13%.

Insider Transactions at Greenbrier Companies

In other Greenbrier Companies news, Director Thomas B. Fargo sold 3,727 shares of Greenbrier Companies stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $54.97, for a total transaction of $204,873.19. Following the completion of the sale, the director owned 2,141 shares of the company’s stock, valued at $117,690.77. The trade was a 63.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Wanda F. Felton sold 3,652 shares of Greenbrier Companies stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $54.31, for a total value of $198,340.12. Following the sale, the director directly owned 3,000 shares of the company’s stock, valued at approximately $162,930. This trade represents a 54.90% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 11,379 shares of company stock worth $595,213. 1.78% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Wall Street Zen cut Greenbrier Companies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 9th. Susquehanna boosted 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. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Greenbrier Companies has a consensus rating of “Hold” and an average target price of $59.50.

About Greenbrier Companies

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.