The Greenbrier Companies, Inc. (NYSE:GBX) Shares Purchased by Amundi

Amundi increased its holdings in The Greenbrier Companies, Inc. (NYSE:GBX) by 184.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,740 shares of the transportation company’s stock after purchasing an additional 10,197 shares during the quarter. Amundi’s holdings in Greenbrier Companies were worth $951,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. R Squared Ltd purchased a new stake in shares of Greenbrier Companies in the fourth quarter valued at approximately $26,000. Smartleaf Asset Management LLC increased its holdings in Greenbrier Companies by 241.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company’s stock worth $56,000 after acquiring an additional 644 shares in the last quarter. KBC Group NV raised its position in Greenbrier Companies by 57.8% during the fourth quarter. KBC Group NV now owns 1,466 shares of the transportation company’s stock worth $89,000 after acquiring an additional 537 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new position in Greenbrier Companies during the third quarter valued at $107,000. Finally, Westhampton Capital LLC acquired a new stake in shares of Greenbrier Companies in the fourth quarter valued at about $207,000. Hedge funds and other institutional investors own 95.59% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other 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 value of $126,420.00. Following the transaction, the chief operating officer now owns 42,714 shares of the company’s stock, valued at $2,699,951.94. This represents a 4.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.78% of the stock is owned by insiders.

Greenbrier Companies Price Performance

Greenbrier Companies stock opened at $55.01 on Thursday. The company has a fifty day simple moving average of $60.80 and a 200-day simple moving average of $59.15. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of 9.60, a PEG ratio of 0.80 and a beta of 1.62. The company has a quick ratio of 0.84, a current ratio of 1.53 and a debt-to-equity ratio of 0.89. The Greenbrier Companies, Inc. has a 52-week low of $41.40 and a 52-week high of $71.06.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings data on Wednesday, January 8th. The transportation company reported $1.72 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.56. The company had revenue of $875.90 million during the quarter, compared to the consensus estimate of $849.51 million. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. Greenbrier Companies’s quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.96 EPS. On average, equities analysts anticipate that The Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.18%. The ex-dividend date of this dividend was Wednesday, January 29th. Greenbrier Companies’s payout ratio is currently 20.94%.

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.