Carolina Wealth Advisors LLC lifted its stake in The Greenbrier Companies, Inc. (NYSE:GBX – Free Report) by 2.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,859 shares of the transportation company’s stock after acquiring an additional 331 shares during the period. Greenbrier Companies accounts for approximately 0.5% of Carolina Wealth Advisors LLC’s holdings, making the stock its 28th biggest position. Carolina Wealth Advisors LLC’s holdings in Greenbrier Companies were worth $845,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in Greenbrier Companies by 1.2% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,616,767 shares of the transportation company’s stock worth $80,111,000 after purchasing an additional 18,552 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Greenbrier Companies by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 711,931 shares of the transportation company’s stock worth $36,237,000 after buying an additional 7,886 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Greenbrier Companies by 0.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 628,923 shares of the transportation company’s stock valued at $32,006,000 after buying an additional 2,536 shares during the period. Victory Capital Management Inc. boosted its stake in Greenbrier Companies by 6.7% during the third quarter. Victory Capital Management Inc. now owns 513,938 shares of the transportation company’s stock valued at $26,154,000 after buying an additional 32,191 shares in the last quarter. Finally, Encompass Capital Advisors LLC acquired a new position in Greenbrier Companies during the second quarter worth about $19,820,000. 95.59% of the stock is currently owned by institutional investors.
Greenbrier Companies Price Performance
GBX opened at $67.12 on Thursday. The Greenbrier Companies, Inc. has a 12-month low of $41.40 and a 12-month high of $69.12. The company has a quick ratio of 0.87, a current ratio of 1.53 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $2.10 billion, a P/E ratio of 11.71, a PEG ratio of 1.82 and a beta of 1.54. The stock has a fifty day moving average of $64.88 and a 200-day moving average of $55.03.
Greenbrier Companies Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th will be given a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a $1.20 dividend on an annualized basis and a yield of 1.79%. Greenbrier Companies’s payout ratio is 20.94%.
Analyst Upgrades and Downgrades
A number of research firms recently commented on GBX. 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 report on Monday, October 21st. Bank of America boosted their target price on Greenbrier Companies from $60.00 to $62.00 and gave the stock an “underperform” rating in a research report on Thursday, January 9th. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $63.00.
Read Our Latest Stock Analysis on GBX
Insider Buying and Selling at Greenbrier Companies
In other Greenbrier Companies news, SVP Ricardo Galvan sold 1,976 shares of the company’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $58.00, for a total value of $114,608.00. Following the transaction, the senior vice president now directly owns 33,776 shares of the company’s stock, valued at $1,959,008. This represents a 5.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO William J. Krueger sold 2,000 shares of Greenbrier Companies stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $58.78, for a total value of $117,560.00. Following the sale, the chief operating officer now owns 48,714 shares of the company’s stock, valued at approximately $2,863,408.92. This represents a 3.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,703 shares of company stock valued at $790,338 in the last quarter. Company insiders own 1.78% of the company’s stock.
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.
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