The Greenbrier Companies, Inc. (NYSE:GBX) Stock Position Decreased by Central Pacific Bank Trust Division

Central Pacific Bank Trust Division decreased its position in The Greenbrier Companies, Inc. (NYSE:GBX) by 4.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,967 shares of the transportation company’s stock after selling 476 shares during the quarter. Central Pacific Bank Trust Division’s holdings in Greenbrier Companies were worth $608,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in GBX. Barrow Hanley Mewhinney & Strauss LLC grew its position in Greenbrier Companies by 1.2% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,616,767 shares of the transportation company’s stock worth $80,111,000 after acquiring an additional 18,552 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Greenbrier Companies by 1.1% in the third quarter. Geode Capital Management LLC now owns 711,931 shares of the transportation company’s stock worth $36,237,000 after purchasing an additional 7,886 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in 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 worth $32,006,000 after buying an additional 2,536 shares during the last quarter. Victory Capital Management Inc. raised its holdings in Greenbrier Companies by 6.7% during the third quarter. Victory Capital Management Inc. now owns 513,938 shares of the transportation company’s stock valued at $26,154,000 after buying an additional 32,191 shares in the last quarter. Finally, Encompass Capital Advisors LLC acquired a new stake in shares of Greenbrier Companies in the second quarter worth about $19,820,000. Institutional investors and hedge funds own 95.59% of the company’s stock.

Greenbrier Companies Stock Performance

GBX opened at $61.94 on Friday. The Greenbrier Companies, Inc. has a 12-month low of $41.40 and a 12-month high of $69.12. The firm has a market capitalization of $1.94 billion, a P/E ratio of 12.46, a price-to-earnings-growth ratio of 1.97 and a beta of 1.53. The stock’s 50 day moving average price is $64.60 and its two-hundred day moving average price is $54.29. The company has a quick ratio of 0.87, a current ratio of 1.58 and a debt-to-equity ratio of 0.91.

Greenbrier Companies (NYSE:GBX) last announced its earnings results on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.60. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.05 billion. Greenbrier Companies had a net margin of 4.52% and a return on equity of 10.86%. Greenbrier Companies’s revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.92 earnings per share. On average, equities analysts forecast that The Greenbrier Companies, Inc. will post 5.2 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 6th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date was Wednesday, November 6th. Greenbrier Companies’s dividend payout ratio (DPR) is presently 24.14%.

Insider Activity at Greenbrier Companies

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

Analysts Set New Price Targets

GBX has been the topic of a number of recent analyst reports. Susquehanna raised their price objective on Greenbrier Companies from $63.00 to $65.00 and gave the company a “positive” rating in a research note on Monday, October 21st. Bank of America boosted their price objective 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 analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $60.00.

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.