Stifel Financial Corp Has $470,000 Stock Position in The Greenbrier Companies, Inc. (NYSE:GBX)

Stifel Financial Corp raised its holdings in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 21.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,233 shares of the transportation company’s stock after purchasing an additional 1,614 shares during the period. Stifel Financial Corp’s holdings in Greenbrier Companies were worth $470,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Encompass Capital Advisors LLC acquired a new position in Greenbrier Companies in the second quarter valued at approximately $19,820,000. Millennium Management LLC lifted its stake in shares of Greenbrier Companies by 77.4% in the 2nd quarter. Millennium Management LLC now owns 144,221 shares of the transportation company’s stock valued at $7,146,000 after purchasing an additional 62,911 shares during the period. von Borstel & Associates Inc. bought a new position in shares of Greenbrier Companies in the 3rd quarter worth $1,823,000. Victory Capital Management Inc. grew its stake in shares of Greenbrier Companies by 6.7% during the third quarter. Victory Capital Management Inc. now owns 513,938 shares of the transportation company’s stock worth $26,154,000 after purchasing an additional 32,191 shares during the period. Finally, Hodges Capital Management Inc. increased its holdings in Greenbrier Companies by 45.6% in the second quarter. Hodges Capital Management Inc. now owns 100,800 shares of the transportation company’s stock valued at $4,995,000 after purchasing an additional 31,560 shares during the last quarter. Institutional investors own 95.59% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on GBX shares. Bank of America raised their target price on Greenbrier Companies from $42.00 to $50.00 and gave the stock an “underperform” rating in a report on Thursday, October 24th. Susquehanna lifted their price objective on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a research note on Monday, October 21st. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $60.00.

Greenbrier Companies Stock Down 1.9 %

NYSE:GBX opened at $62.03 on Friday. The stock has a market cap of $1.95 billion, a price-to-earnings ratio of 12.48, a PEG ratio of 1.97 and a beta of 1.53. The company has a current ratio of 1.58, a quick ratio of 0.87 and a debt-to-equity ratio of 0.91. The stock has a 50-day moving average price of $64.00 and a two-hundred day moving average price of $53.91. The Greenbrier Companies, Inc. has a 1 year low of $41.40 and a 1 year high of $69.12.

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

Greenbrier Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 6th were given a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, November 6th. This represents a $1.20 annualized dividend and a yield of 1.93%. Greenbrier Companies’s dividend payout ratio is currently 24.14%.

Insiders Place Their Bets

In other news, SVP Ricardo Galvan sold 4,950 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $65.00, for a total transaction of $321,750.00. Following the completion of the transaction, the senior vice president now directly owns 27,472 shares of the company’s stock, valued at $1,785,680. This trade represents a 15.27 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO William J. Krueger sold 2,000 shares of Greenbrier Companies stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $58.78, for a total transaction of $117,560.00. Following the completion of the sale, the chief operating officer now owns 48,714 shares in the company, valued at $2,863,408.92. This trade represents a 3.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 12,703 shares of company stock worth $790,338. Corporate insiders own 1.78% of the company’s stock.

Greenbrier Companies Company 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.