The Greenbrier Companies, Inc. (NYSE:GBX) Stock Position Boosted by Swiss National Bank

Swiss National Bank grew its stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 0.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 61,200 shares of the transportation company’s stock after buying an additional 400 shares during the quarter. Swiss National Bank owned about 0.20% of Greenbrier Companies worth $3,733,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Intech Investment Management LLC boosted its position in shares of Greenbrier Companies by 51.7% during the 3rd quarter. Intech Investment Management LLC now owns 14,819 shares of the transportation company’s stock valued at $754,000 after purchasing an additional 5,050 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Greenbrier Companies by 0.4% during 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 acquiring an additional 2,536 shares during the period. Horizon Kinetics Asset Management LLC lifted its position in shares of Greenbrier Companies by 112.6% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 16,050 shares of the transportation company’s stock valued at $817,000 after acquiring an additional 8,500 shares in the last quarter. Quantbot Technologies LP acquired a new position in Greenbrier Companies in the 3rd quarter worth approximately $1,038,000. Finally, De Lisle Partners LLP grew its position in Greenbrier Companies by 36.3% during the 3rd quarter. De Lisle Partners LLP now owns 93,949 shares of the transportation company’s stock worth $4,777,000 after purchasing an additional 25,000 shares in the last quarter. 95.59% of the stock is owned by institutional investors.

Greenbrier Companies Stock Performance

GBX opened at $53.85 on Wednesday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.84 and a current ratio of 1.53. The company has a market cap of $1.69 billion, a PE ratio of 9.40, a price-to-earnings-growth ratio of 0.80 and a beta of 1.62. The stock has a 50-day moving average of $60.08 and a 200-day moving average of $59.43. The Greenbrier Companies, Inc. has a 52-week low of $41.40 and a 52-week high of $71.06.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings results on Wednesday, January 8th. The transportation company reported $1.72 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.56. The company had revenue of $875.90 million for the quarter, compared to analyst estimates of $849.51 million. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The company’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.96 earnings per share. As a group, equities research analysts forecast that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were paid a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $1.20 annualized dividend and a dividend yield of 2.23%. Greenbrier Companies’s payout ratio is 20.94%.

Wall Street Analyst Weigh In

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

Insider Activity at Greenbrier Companies

In related news, COO William J. Krueger sold 2,000 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $63.21, for a total value of $126,420.00. Following 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.78% of the stock is owned by corporate insiders.

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.