International Assets Investment Management LLC Grows Stock Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

International Assets Investment Management LLC increased its position in The Greenbrier Companies, Inc. (NYSE:GBX) by 4,988.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,460 shares of the transportation company’s stock after purchasing an additional 22,999 shares during the quarter. International Assets Investment Management LLC owned 0.08% of Greenbrier Companies worth $11,940,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in GBX. Encompass Capital Advisors LLC purchased a new position in shares of Greenbrier Companies in the second quarter valued at $19,820,000. Hennessy Advisors Inc. purchased a new position in shares of Greenbrier Companies in the second quarter valued at $8,126,000. LSV Asset Management raised its holdings in Greenbrier Companies by 112.4% in the first quarter. LSV Asset Management now owns 218,133 shares of the transportation company’s stock valued at $11,365,000 after acquiring an additional 115,421 shares in the last quarter. Galibier Capital Management Ltd. acquired a new stake in Greenbrier Companies in the second quarter valued at $5,175,000. Finally, SG Capital Management LLC acquired a new stake in Greenbrier Companies in the first quarter valued at $4,594,000. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, COO William J. Krueger sold 2,389 shares of the stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $62.94, for a total value of $150,363.66. Following the sale, the chief operating officer now owns 50,714 shares of the company’s stock, valued at $3,191,939.16. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, COO William J. Krueger sold 2,389 shares of the stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $62.94, for a total value of $150,363.66. Following the completion of the transaction, the chief operating officer now owns 50,714 shares in the company, valued at $3,191,939.16. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Ricardo Galvan sold 1,976 shares of the stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $58.00, for a total transaction of $114,608.00. Following the completion of the transaction, the senior vice president now owns 33,776 shares of the company’s stock, valued at $1,959,008. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 5,753 shares of company stock valued at $351,028 in the last quarter. Company insiders own 2.54% of the company’s stock.

Greenbrier Companies Stock Down 1.0 %

Shares of NYSE:GBX opened at $60.68 on Thursday. The stock has a market capitalization of $1.90 billion, a price-to-earnings ratio of 12.21, a price-to-earnings-growth ratio of 0.63 and a beta of 1.53. The Greenbrier Companies, Inc. has a 1-year low of $33.61 and a 1-year high of $63.45. The company’s fifty day moving average is $50.46 and its two-hundred day moving average is $50.08. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.85 and a current ratio of 1.73.

Greenbrier Companies (NYSE:GBX) last issued its earnings results on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.60. Greenbrier Companies had a net margin of 3.51% and a return on equity of 8.95%. The company had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.05 billion. During the same period in the prior year, the company earned $0.92 earnings per share. The firm’s revenue was up 1.4% compared to the same quarter last year. Equities analysts anticipate that The Greenbrier Companies, Inc. will post 4.35 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. Investors of record on Wednesday, November 6th will be issued 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 1.98%. Greenbrier Companies’s dividend payout ratio (DPR) is presently 24.14%.

Analyst Ratings Changes

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

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.