5,808 Shares in The Greenbrier Companies, Inc. (NYSE:GBX) Acquired by XTX Topco Ltd

XTX Topco Ltd acquired a new position in shares of The Greenbrier Companies, Inc. (NYSE:GBX) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 5,808 shares of the transportation company’s stock, valued at approximately $296,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of Greenbrier Companies by 1.2% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,616,767 shares of the transportation company’s stock worth $80,111,000 after purchasing an additional 18,552 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Greenbrier Companies by 0.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 628,923 shares of the transportation company’s stock worth $32,006,000 after purchasing an additional 2,536 shares during the period. Victory Capital Management Inc. boosted its position in shares of Greenbrier Companies by 6.7% during the 3rd quarter. Victory Capital Management Inc. now owns 513,938 shares of the transportation company’s stock worth $26,154,000 after purchasing an additional 32,191 shares during the period. Encompass Capital Advisors LLC purchased a new position in shares of Greenbrier Companies during the 2nd quarter worth approximately $19,820,000. Finally, LSV Asset Management lifted its holdings in Greenbrier Companies by 12.9% during the 2nd quarter. LSV Asset Management now owns 246,233 shares of the transportation company’s stock worth $12,201,000 after buying an additional 28,100 shares in the last quarter. Hedge funds and other institutional investors own 95.59% of the company’s stock.

Insider Activity at Greenbrier Companies

In related news, COO William J. Krueger sold 2,000 shares of the stock in a transaction on Friday, November 1st. The shares were sold at an average price of $58.78, for a total value of $117,560.00. Following the transaction, the chief operating officer now directly owns 48,714 shares of the company’s stock, valued at $2,863,408.92. This trade represents a 3.94 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Ricardo Galvan sold 4,950 shares of the stock in a transaction 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 completion of the transaction, the senior vice president now directly owns 27,472 shares in the company, valued at $1,785,680. This trade represents a 15.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,703 shares of company stock valued at $790,338 in the last ninety days. Insiders own 1.78% of the company’s stock.

Greenbrier Companies Price Performance

Shares of GBX opened at $65.70 on Wednesday. The Greenbrier Companies, Inc. has a twelve month low of $41.40 and a twelve month high of $69.12. The firm’s fifty day simple moving average is $62.26 and its 200-day simple moving average is $53.36. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of 13.22, a PEG ratio of 1.97 and a beta of 1.53. The company has a current ratio of 1.58, a quick ratio of 0.87 and a debt-to-equity ratio of 0.91.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.60. Greenbrier Companies had a net margin of 4.52% and a return on equity of 10.86%. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same period last year, the business earned $0.92 EPS. The company’s revenue was up 1.4% on a year-over-year basis. Equities analysts forecast that The Greenbrier Companies, Inc. will post 5.2 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 6th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date was Wednesday, November 6th. Greenbrier Companies’s dividend payout ratio (DPR) is 24.14%.

Wall Street Analysts Forecast Growth

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

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.