Barrow Hanley Mewhinney & Strauss LLC Acquires 18,552 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 1.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,616,767 shares of the transportation company’s stock after buying an additional 18,552 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned 5.19% of Greenbrier Companies worth $80,111,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in GBX. Janney Montgomery Scott LLC bought a new position in shares of Greenbrier Companies in the 1st quarter valued at approximately $590,000. First Hawaiian Bank acquired a new stake in shares of Greenbrier Companies in the second quarter worth $801,000. ClariVest Asset Management LLC boosted its holdings in shares of Greenbrier Companies by 118,372.2% during the 1st quarter. ClariVest Asset Management LLC now owns 21,325 shares of the transportation company’s stock worth $1,111,000 after buying an additional 21,307 shares during the period. Hotchkis & Wiley Capital Management LLC boosted its holdings in shares of Greenbrier Companies by 2.7% during the 4th quarter. Hotchkis & Wiley Capital Management LLC now owns 955,670 shares of the transportation company’s stock worth $42,222,000 after buying an additional 25,300 shares during the period. Finally, Hodges Capital Management Inc. acquired a new position in Greenbrier Companies in the 1st quarter valued at $3,608,000. Institutional investors and hedge funds own 95.59% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Friday, August 23rd. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $57.50.

Greenbrier Companies Stock Down 0.3 %

GBX opened at $51.22 on Friday. The business has a 50 day moving average of $47.56 and a 200-day moving average of $49.80. The stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of 13.41, a P/E/G ratio of 0.55 and a beta of 1.53. The company has a current ratio of 1.73, a quick ratio of 0.85 and a debt-to-equity ratio of 0.98. The Greenbrier Companies, Inc. has a 1-year low of $32.00 and a 1-year high of $58.00.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings results on Monday, July 8th. The transportation company reported $1.06 earnings per share for the quarter, missing analysts’ consensus estimates of $1.08 by ($0.02). The company had revenue of $820.20 million during the quarter, compared to the consensus estimate of $928.73 million. Greenbrier Companies had a net margin of 3.51% and a return on equity of 8.95%. Greenbrier Companies’s revenue for the quarter was down 21.0% on a year-over-year basis. During the same period last year, the company earned $1.02 earnings per share. As a group, sell-side analysts anticipate that The Greenbrier Companies, Inc. will post 4.35 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 13th. Shareholders of record on Tuesday, July 23rd were issued a $0.30 dividend. The ex-dividend date was Tuesday, July 23rd. This represents a $1.20 annualized dividend and a yield of 2.34%. Greenbrier Companies’s dividend payout ratio (DPR) is 31.41%.

Insiders Place Their Bets

In other news, SVP Laurie R. Dornan sold 5,935 shares of the business’s stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $50.92, for a total transaction of $302,210.20. Following the sale, the senior vice president now directly owns 23,226 shares in the company, valued at $1,182,667.92. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 2.54% of the company’s stock.

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.