The Greenbrier Companies, Inc. (NYSE:GBX) Stake Trimmed by Victory Capital Management Inc.

Victory Capital Management Inc. lowered its stake in The Greenbrier Companies, Inc. (NYSE:GBX) by 2.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 503,070 shares of the transportation company’s stock after selling 10,868 shares during the quarter. Victory Capital Management Inc. owned approximately 1.60% of Greenbrier Companies worth $30,682,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. R Squared Ltd purchased a new position in Greenbrier Companies during the 4th quarter valued at about $26,000. Gladius Capital Management LP purchased a new position in Greenbrier Companies during the 3rd quarter valued at about $32,000. Smartleaf Asset Management LLC grew its stake in Greenbrier Companies by 241.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company’s stock valued at $56,000 after acquiring an additional 644 shares in the last quarter. KBC Group NV grew its stake in Greenbrier Companies by 57.8% during the 4th quarter. KBC Group NV now owns 1,466 shares of the transportation company’s stock valued at $89,000 after acquiring an additional 537 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in Greenbrier Companies during the 3rd quarter valued at about $107,000. 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 business’s stock in a transaction that occurred 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 completion of the sale, the chief operating officer now directly owns 42,714 shares in the company, valued at approximately $2,699,951.94. The trade was a 4.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.78% of the stock is currently owned by company insiders.

Greenbrier Companies Trading Up 0.5 %

Shares of NYSE GBX opened at $55.62 on Monday. The stock has a market cap of $1.74 billion, a price-to-earnings ratio of 9.71, a PEG ratio of 0.80 and a beta of 1.62. The business has a 50 day simple moving average of $61.84 and a 200 day simple moving average of $58.83. The Greenbrier Companies, Inc. has a 52 week low of $41.40 and a 52 week high of $71.06. 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 announced its quarterly 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. The business had revenue of $875.90 million during the quarter, compared to analysts’ expectations of $849.51 million. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.96 EPS. On average, research analysts predict that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were paid a $0.30 dividend. The ex-dividend date was Wednesday, January 29th. This represents a $1.20 annualized dividend and a dividend yield of 2.16%. Greenbrier Companies’s payout ratio is 20.94%.

Wall Street Analyst Weigh In

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 note on Thursday, January 9th. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus 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.