The Greenbrier Companies, Inc. (NYSE:GBX) Stock Position Raised by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lifted its position in The Greenbrier Companies, Inc. (NYSE:GBX) by 1.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 104,368 shares of the transportation company’s stock after buying an additional 1,498 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Greenbrier Companies were worth $5,311,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Canada Pension Plan Investment Board acquired a new position in shares of Greenbrier Companies during the 2nd 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 bought a new stake in shares of Greenbrier Companies during the 3rd quarter worth about $32,000. NBC Securities Inc. acquired a new position in shares of Greenbrier Companies during the 3rd quarter valued at about $55,000. Finally, Meeder Asset Management Inc. bought a new position in shares of Greenbrier Companies in the 2nd quarter valued at approximately $67,000. Institutional investors and hedge funds own 95.59% of the company’s stock.

Insider Transactions at Greenbrier Companies

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

Analyst Upgrades and Downgrades

Several brokerages have commented on GBX. Bank of America increased their price target on Greenbrier Companies from $42.00 to $50.00 and gave the company an “underperform” rating in a report on Thursday, October 24th. StockNews.com lowered shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research note on Friday, August 23rd. Finally, Susquehanna boosted their target price on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a research report on Monday, October 21st. Two 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, the stock currently has an average rating of “Hold” and a consensus target price of $60.00.

Greenbrier Companies Trading Up 1.1 %

Shares of Greenbrier Companies stock opened at $66.65 on Friday. The Greenbrier Companies, Inc. has a 1 year low of $36.22 and a 1 year high of $67.22. The company’s fifty day simple moving average is $55.87 and its 200-day simple moving average is $51.46. The company has a market cap of $2.09 billion, a price-to-earnings ratio of 13.36, a PEG ratio of 1.88 and a beta of 1.51. The company has a current ratio of 1.58, a quick ratio of 0.87 and a debt-to-equity ratio of 0.91.

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

Greenbrier Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 6th will be given a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, November 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.80%. Greenbrier Companies’s dividend payout ratio is currently 24.14%.

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.