The Greenbrier Companies, Inc. (NYSE:GBX) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC decreased its position in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 8.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,683 shares of the transportation company’s stock after selling 434 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Greenbrier Companies were worth $238,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in GBX. GAMMA Investing LLC grew its position in shares of Greenbrier Companies by 60.9% in the third quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 207 shares during the period. SummerHaven Investment Management LLC boosted its holdings in Greenbrier Companies by 1.7% in the 2nd quarter. SummerHaven Investment Management LLC now owns 17,083 shares of the transportation company’s stock worth $846,000 after buying an additional 284 shares during the last quarter. Louisiana State Employees Retirement System increased its stake in Greenbrier Companies by 1.9% during the 2nd quarter. Louisiana State Employees Retirement System now owns 15,700 shares of the transportation company’s stock worth $778,000 after buying an additional 300 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of Greenbrier Companies by 3.8% during the third quarter. Nisa Investment Advisors LLC now owns 9,939 shares of the transportation company’s stock valued at $506,000 after acquiring an additional 363 shares during the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Greenbrier Companies in the second quarter valued at approximately $25,000. 95.59% of the stock is owned by hedge funds and other institutional investors.

Greenbrier Companies Trading Down 0.1 %

Shares of GBX stock opened at $68.10 on Friday. The company has a 50 day moving average price of $57.70 and a 200 day moving average price of $51.98. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.87 and a current ratio of 1.58. The Greenbrier Companies, Inc. has a fifty-two week low of $36.22 and a fifty-two week high of $68.90. The stock has a market capitalization of $2.14 billion, a P/E ratio of 13.70, a price-to-earnings-growth ratio of 1.96 and a beta of 1.51.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings data 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. The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.05 billion. Greenbrier Companies had a return on equity of 10.86% and a net margin of 4.52%. The business’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.92 earnings per share. Equities research analysts predict that The Greenbrier Companies, Inc. will post 5.2 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 6th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.76%. The ex-dividend date was Wednesday, November 6th. Greenbrier Companies’s dividend payout ratio is presently 24.14%.

Analyst Ratings Changes

Several research analysts recently commented on the company. StockNews.com downgraded Greenbrier Companies from a “hold” rating to a “sell” rating in a research note on Friday, August 23rd. Bank of America increased their target price on shares of Greenbrier Companies from $42.00 to $50.00 and gave the company an “underperform” rating in a research report on Thursday, October 24th. Finally, Susquehanna boosted their target price on Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a report on Monday, October 21st. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Greenbrier Companies has an average rating of “Hold” and a consensus price target of $60.00.

Insiders Place Their Bets

In other Greenbrier Companies news, COO William J. Krueger sold 2,389 shares of the stock in a transaction on Monday, October 28th. The stock was sold at an average price of $62.94, for a total transaction of $150,363.66. Following the transaction, the chief operating officer now owns 50,714 shares of the company’s stock, valued at $3,191,939.16. This represents a 4.50 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, SVP Ricardo Galvan sold 4,950 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $65.00, for a total value of $321,750.00. Following the transaction, the senior vice president now directly owns 27,472 shares in the company, valued at approximately $1,785,680. This represents a 15.27 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,703 shares of company stock worth $790,338. Company insiders own 1.78% of the company’s stock.

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.