Charles Schwab Investment Management Inc. Has $37.47 Million Stock Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

Charles Schwab Investment Management Inc. reduced its stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 2.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 614,322 shares of the transportation company’s stock after selling 14,601 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Greenbrier Companies were worth $37,467,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in GBX. Hodges Capital Management Inc. lifted its position in Greenbrier Companies by 216.6% during the 3rd quarter. Hodges Capital Management Inc. now owns 319,094 shares of the transportation company’s stock worth $16,239,000 after buying an additional 218,294 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of Greenbrier Companies in the fourth quarter valued at about $2,527,000. Victory Capital Management Inc. grew its position 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 worth $26,154,000 after buying an additional 32,191 shares in the last quarter. De Lisle Partners LLP grew its holdings in shares of Greenbrier Companies by 36.3% during the 3rd quarter. De Lisle Partners LLP now owns 93,949 shares of the transportation company’s stock worth $4,777,000 after purchasing an additional 25,000 shares in the last quarter. Finally, Verition Fund Management LLC acquired a new position in shares of Greenbrier Companies in the 3rd quarter valued at approximately $1,210,000. 95.59% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, COO William J. Krueger sold 2,000 shares of the company’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $63.21, for a total transaction of $126,420.00. Following the completion of the sale, the chief operating officer now owns 42,714 shares in the company, valued at approximately $2,699,951.94. This represents a 4.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 1.78% of the company’s stock.

Greenbrier Companies Price Performance

Shares of NYSE:GBX opened at $54.85 on Friday. The firm has a market cap of $1.72 billion, a PE ratio of 9.57, a price-to-earnings-growth ratio of 0.80 and a beta of 1.62. The Greenbrier Companies, Inc. has a 52 week low of $41.40 and a 52 week high of $71.06. The firm’s fifty day moving average is $61.17 and its 200-day moving average is $59.01. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.84 and a current ratio of 1.53.

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

Greenbrier Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.19%. The ex-dividend date was Wednesday, January 29th. Greenbrier Companies’s dividend payout ratio is presently 20.94%.

Wall Street Analysts Forecast Growth

Separately, Bank of America lifted their target price on Greenbrier Companies from $60.00 to $62.00 and gave the company an “underperform” rating in a research report on Thursday, January 9th. Two equities research analysts have rated the stock with a sell rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $63.00.

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.