The Greenbrier Companies, Inc. (NYSE:GBX) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC cut its position in The Greenbrier Companies, Inc. (NYSE:GBX) by 3.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,634 shares of the transportation company’s stock after selling 305 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Greenbrier Companies were worth $588,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Hsbc Holdings PLC grew its position in Greenbrier Companies by 44.6% in the 2nd quarter. Hsbc Holdings PLC now owns 6,075 shares of the transportation company’s stock valued at $300,000 after acquiring an additional 1,875 shares in the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of Greenbrier Companies in the second quarter valued at approximately $25,000. Marshall Wace LLP acquired a new position in shares of Greenbrier Companies in the second quarter valued at approximately $902,000. Squarepoint Ops LLC purchased a new stake in Greenbrier Companies during the 2nd quarter worth approximately $1,555,000. Finally, Millennium Management LLC lifted its holdings in Greenbrier Companies by 77.4% during the 2nd quarter. Millennium Management LLC now owns 144,221 shares of the transportation company’s stock worth $7,146,000 after buying an additional 62,911 shares in the last quarter. Hedge funds and other institutional investors own 95.59% of the company’s stock.

Analyst Upgrades and Downgrades

GBX has been the subject of several research reports. Bank of America boosted their price target on shares of Greenbrier Companies from $60.00 to $62.00 and gave the stock an “underperform” rating in a research note on Thursday, January 9th. Susquehanna boosted their target price on Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a research note on Monday, October 21st. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Greenbrier Companies presently has a consensus rating of “Hold” and an average target price of $63.00.

Insider Buying and Selling

In other Greenbrier Companies news, SVP Ricardo Galvan sold 4,950 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $65.00, for a total transaction of $321,750.00. Following the sale, the senior vice president now owns 27,472 shares of the company’s stock, valued at approximately $1,785,680. This trade represents a 15.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO William J. Krueger sold 2,000 shares of the company’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $58.78, for a total transaction of $117,560.00. Following the completion of the transaction, the chief operating officer now owns 48,714 shares of the company’s stock, valued at approximately $2,863,408.92. The trade was a 3.94 % decrease in their position. The disclosure for this sale can be found here. 1.78% of the stock is owned by company insiders.

Greenbrier Companies Trading Down 2.4 %

Shares of NYSE:GBX opened at $67.14 on Wednesday. The Greenbrier Companies, Inc. has a 52 week low of $41.40 and a 52 week high of $71.06. The company’s 50 day moving average is $65.32 and its two-hundred day moving average is $56.27. The company has a market cap of $2.11 billion, a PE ratio of 11.72, a P/E/G ratio of 0.98 and a beta of 1.54. The company has a current ratio of 1.53, a quick ratio of 0.84 and a debt-to-equity ratio of 0.89.

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

Greenbrier Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.79%. The ex-dividend date of this dividend is Wednesday, January 29th. Greenbrier Companies’s dividend payout ratio (DPR) is presently 20.94%.

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.