Quantbot Technologies LP Buys Shares of 20,398 The Greenbrier Companies, Inc. (NYSE:GBX)

Quantbot Technologies LP purchased a new position in shares of The Greenbrier Companies, Inc. (NYSE:GBX) during the 3rd quarter, HoldingsChannel reports. The firm purchased 20,398 shares of the transportation company’s stock, valued at approximately $1,038,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Canada Pension Plan Investment Board acquired a new position in Greenbrier Companies during the second quarter worth $25,000. GAMMA Investing LLC boosted its stake in shares of Greenbrier Companies by 60.9% during the 3rd quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock worth $28,000 after acquiring an additional 207 shares in the last quarter. Gladius Capital Management LP acquired a new position in shares of Greenbrier Companies during the 3rd quarter valued at about $32,000. NBC Securities Inc. acquired a new stake in Greenbrier Companies in the 3rd quarter worth approximately $55,000. Finally, Meeder Asset Management Inc. bought a new stake in Greenbrier Companies during the second quarter worth approximately $67,000. Institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Trading Down 0.1 %

Shares of GBX opened at $68.00 on Friday. The stock’s 50-day moving average price is $58.04 and its 200 day moving average price is $52.07. The company has a quick ratio of 0.87, a current ratio of 1.58 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $2.13 billion, a price-to-earnings ratio of 13.68, a P/E/G ratio of 1.98 and a beta of 1.51. The Greenbrier Companies, Inc. has a 12-month low of $36.97 and a 12-month high of $68.90.

Greenbrier Companies (NYSE:GBX) last issued its earnings results on Wednesday, October 23rd. The transportation company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.32 by $0.60. Greenbrier Companies had a return on equity of 10.86% and a net margin of 4.52%. The firm had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.05 billion. During the same period last year, the business earned $0.92 earnings per share. Greenbrier Companies’s quarterly revenue was up 1.4% compared to the same quarter last year. As a group, research analysts predict that The Greenbrier Companies, Inc. will post 5.2 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 6th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, November 6th. This represents a $1.20 annualized dividend and a dividend yield of 1.76%. Greenbrier Companies’s dividend payout ratio (DPR) is presently 24.14%.

Wall Street Analyst Weigh In

GBX has been the topic of a number of recent analyst reports. Bank of America lifted their price target on shares of Greenbrier Companies from $42.00 to $50.00 and gave the company an “underperform” rating in a research report on Thursday, October 24th. StockNews.com lowered shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Friday, August 23rd. Finally, Susquehanna raised their price target on Greenbrier Companies from $63.00 to $65.00 and gave the company a “positive” rating in a research report on Monday, October 21st. Two equities research analysts have rated the stock with a sell rating and three have issued a buy rating to the company. Based on data from MarketBeat, Greenbrier Companies currently has a consensus rating of “Hold” and a consensus price target of $60.00.

Insider Activity at Greenbrier Companies

In related news, COO William J. Krueger sold 2,000 shares of the stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $58.78, for a total transaction of $117,560.00. Following the sale, the chief operating officer now directly owns 48,714 shares in the company, valued at $2,863,408.92. This represents a 3.94 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Ricardo Galvan sold 1,388 shares of the firm’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of $62.00, for a total value of $86,056.00. Following the sale, the senior vice president now directly owns 32,388 shares of the company’s stock, valued at $2,008,056. This represents a 4.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,703 shares of company stock valued at $790,338 in the last 90 days. 1.78% of the stock is owned by corporate insiders.

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.