Jones Financial Companies Lllp Purchases 4,876 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

Jones Financial Companies Lllp grew its stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 147.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,188 shares of the transportation company’s stock after buying an additional 4,876 shares during the quarter. Jones Financial Companies Lllp’s holdings in Greenbrier Companies were worth $499,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. R Squared Ltd purchased a new position in Greenbrier Companies in the 4th quarter worth $26,000. Gladius Capital Management LP purchased a new stake in Greenbrier Companies during the third quarter valued at about $32,000. Smartleaf Asset Management LLC grew its stake in shares of Greenbrier Companies by 241.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company’s stock valued at $56,000 after buying an additional 644 shares during the last quarter. KBC Group NV increased its holdings in shares of Greenbrier Companies by 57.8% in the fourth quarter. KBC Group NV now owns 1,466 shares of the transportation company’s stock worth $89,000 after buying an additional 537 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Greenbrier Companies in the 3rd quarter valued at about $107,000. 95.59% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, COO William J. Krueger sold 2,000 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $63.21, for a total transaction of $126,420.00. Following the completion of the sale, the chief operating officer now owns 42,714 shares of the company’s stock, valued at $2,699,951.94. The trade was a 4.47 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.78% of the company’s stock.

Greenbrier Companies Trading Down 2.8 %

Greenbrier Companies stock opened at $54.07 on Tuesday. The Greenbrier Companies, Inc. has a one year low of $41.40 and a one year high of $71.06. The business’s fifty day moving average is $61.69 and its 200 day moving average is $58.89. The stock has a market capitalization of $1.70 billion, a PE ratio of 9.44, a price-to-earnings-growth ratio of 0.80 and a beta of 1.62. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.53 and a quick ratio of 0.84.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings results on Wednesday, January 8th. The transportation company reported $1.72 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.56. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The firm had revenue of $875.90 million during the quarter, compared to analyst estimates of $849.51 million. During the same period in the previous year, the business posted $0.96 earnings per share. The business’s revenue for the quarter was up 8.3% on a year-over-year basis. On average, sell-side analysts predict that The Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend was Wednesday, January 29th. Greenbrier Companies’s payout ratio is currently 20.94%.

Analyst Ratings Changes

Separately, Bank of America raised their target price on shares of Greenbrier Companies from $60.00 to $62.00 and gave the stock an “underperform” rating in a report on Thursday, January 9th. Two analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $63.00.

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.