Intech Investment Management LLC Has $754,000 Stake in The Greenbrier Companies, Inc. (NYSE:GBX)

Intech Investment Management LLC grew its stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 51.7% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 14,819 shares of the transportation company’s stock after buying an additional 5,050 shares during the period. Intech Investment Management LLC’s holdings in Greenbrier Companies were worth $754,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Moors & Cabot Inc. raised its holdings in Greenbrier Companies by 2.0% in the 3rd quarter. Moors & Cabot Inc. now owns 24,950 shares of the transportation company’s stock valued at $1,270,000 after acquiring an additional 500 shares in the last quarter. Segall Bryant & Hamill LLC increased its position in shares of Greenbrier Companies by 1.5% during the third quarter. Segall Bryant & Hamill LLC now owns 104,368 shares of the transportation company’s stock valued at $5,311,000 after purchasing an additional 1,498 shares during the period. Chesapeake Capital Corp IL increased its position in shares of Greenbrier Companies by 27.9% during the third quarter. Chesapeake Capital Corp IL now owns 5,454 shares of the transportation company’s stock valued at $273,000 after purchasing an additional 1,190 shares during the period. Gladius Capital Management LP acquired a new position in shares of Greenbrier Companies in the third quarter valued at $32,000. Finally, Empowered Funds LLC lifted its position in Greenbrier Companies by 5.3% in the third quarter. Empowered Funds LLC now owns 151,814 shares of the transportation company’s stock worth $7,726,000 after purchasing an additional 7,638 shares during the period. Institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Stock Up 0.0 %

GBX opened at $68.12 on Friday. The firm has a market cap of $2.14 billion, a price-to-earnings ratio of 13.71, a PEG ratio of 1.98 and a beta of 1.51. 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 firm’s 50-day simple moving average is $58.04 and its 200-day simple moving average is $52.08. The Greenbrier Companies, Inc. has a twelve month low of $36.97 and a twelve month high of $68.90.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.60. The firm had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.05 billion. Greenbrier Companies had a net margin of 4.52% and a return on equity of 10.86%. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.92 earnings per share. Equities research analysts anticipate that The Greenbrier Companies, Inc. will post 5.2 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

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

Insider Transactions at Greenbrier Companies

In other Greenbrier Companies news, COO William J. Krueger sold 2,389 shares of the business’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 completion of the transaction, the chief operating officer now directly owns 50,714 shares of the company’s stock, valued at approximately $3,191,939.16. The trade was a 4.50 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Ricardo Galvan sold 1,976 shares of the stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $58.00, for a total transaction of $114,608.00. Following the sale, the senior vice president now directly owns 33,776 shares in the company, valued at $1,959,008. This trade represents a 5.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,703 shares of company stock worth $790,338. Insiders own 1.78% of the company’s stock.

Analysts Set New Price Targets

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

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.