Creative Planning Has $1.16 Million Stake in The Greenbrier Companies, Inc. (NYSE:GBX)

Creative Planning lessened its position in The Greenbrier Companies, Inc. (NYSE:GBX) by 20.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,753 shares of the transportation company’s stock after selling 5,711 shares during the period. Creative Planning owned 0.07% of Greenbrier Companies worth $1,158,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Janney Montgomery Scott LLC acquired a new position in shares of Greenbrier Companies during the first quarter worth $590,000. First Hawaiian Bank acquired a new position in Greenbrier Companies during the 2nd quarter worth about $801,000. ClariVest Asset Management LLC lifted its holdings in 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. SG Capital Management LLC bought a new stake in shares of Greenbrier Companies in the 1st quarter valued at about $4,594,000. Finally, Harbor Capital Advisors Inc. increased its stake in shares of Greenbrier Companies by 270.0% in the second quarter. Harbor Capital Advisors Inc. now owns 21,019 shares of the transportation company’s stock valued at $1,041,000 after buying an additional 15,338 shares during the period. 95.59% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, SVP Ricardo Galvan sold 1,388 shares of the business’s stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $62.00, for a total transaction of $86,056.00. Following the completion of the sale, the senior vice president now owns 32,388 shares in the company, valued at $2,008,056. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, COO William J. Krueger sold 2,389 shares of the firm’s 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 transaction, the chief operating officer now owns 50,714 shares of the company’s stock, valued at approximately $3,191,939.16. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Ricardo Galvan sold 1,388 shares of Greenbrier Companies stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $62.00, for a total value of $86,056.00. Following the transaction, the senior vice president now owns 32,388 shares of the company’s stock, valued at $2,008,056. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 5,753 shares of company stock valued at $351,028. 2.54% of the stock is owned by company insiders.

Analysts Set New Price Targets

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

Greenbrier Companies Price Performance

Greenbrier Companies stock opened at $59.30 on Friday. The stock has a market capitalization of $1.86 billion, a price-to-earnings ratio of 11.93, a PEG ratio of 0.63 and a beta of 1.53. The Greenbrier Companies, Inc. has a 52-week low of $33.61 and a 52-week high of $63.45. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.85 and a current ratio of 1.73. The stock’s 50 day moving average price is $50.72 and its two-hundred day moving average price is $50.14.

Greenbrier Companies (NYSE:GBX) last issued its earnings results on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.60. Greenbrier Companies had a net margin of 3.51% and a return on equity of 8.95%. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same period in the prior year, the firm earned $0.92 earnings per share. Greenbrier Companies’s revenue was up 1.4% on a year-over-year basis. On average, equities analysts predict that The Greenbrier Companies, Inc. will post 4.35 earnings per share for the current year.

Greenbrier Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 6th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date is Wednesday, November 6th. Greenbrier Companies’s payout ratio is 24.14%.

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.