Dalton Greiner Hartman Maher & Co. Increases Stake in Greenbrier Companies Inc (GBX)

Dalton Greiner Hartman Maher & Co. lifted its holdings in shares of Greenbrier Companies Inc (NYSE:GBX) by 40.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 541,113 shares of the transportation company’s stock after acquiring an additional 156,742 shares during the period. Greenbrier Companies makes up about 1.5% of Dalton Greiner Hartman Maher & Co.’s investment portfolio, making the stock its 8th biggest position. Dalton Greiner Hartman Maher & Co. owned 1.89% of Greenbrier Companies worth $28,841,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in GBX. Legal & General Group Plc increased its position in Greenbrier Companies by 12.9% in the 2nd quarter. Legal & General Group Plc now owns 56,063 shares of the transportation company’s stock valued at $2,596,000 after acquiring an additional 6,415 shares in the last quarter. BNP Paribas Arbitrage SA increased its position in Greenbrier Companies by 33.2% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 14,487 shares of the transportation company’s stock valued at $670,000 after acquiring an additional 3,612 shares in the last quarter. State Board of Administration of Florida Retirement System grew its position in shares of Greenbrier Companies by 17.6% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 23,701 shares of the transportation company’s stock worth $1,096,000 after buying an additional 3,555 shares during the period. Principal Financial Group Inc. grew its position in shares of Greenbrier Companies by 4.5% during the 2nd quarter. Principal Financial Group Inc. now owns 245,908 shares of the transportation company’s stock worth $11,374,000 after buying an additional 10,573 shares during the period. Finally, LSV Asset Management grew its position in shares of Greenbrier Companies by 261.9% during the 2nd quarter. LSV Asset Management now owns 289,900 shares of the transportation company’s stock worth $13,407,000 after buying an additional 209,800 shares during the period.

A number of research analysts have weighed in on the stock. ValuEngine raised shares of Greenbrier Companies from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Seaport Global Securities started coverage on shares of Greenbrier Companies in a research report on Thursday, January 4th. They issued a “buy” rating and a $65.00 price objective on the stock. KeyCorp reissued a “buy” rating and issued a $60.00 price objective on shares of Greenbrier Companies in a research report on Tuesday, October 24th. Zacks Investment Research raised shares of Greenbrier Companies from a “hold” rating to a “strong-buy” rating and set a $58.00 price objective on the stock in a research report on Friday, October 6th. Finally, Buckingham Research boosted their price objective on shares of Greenbrier Companies from $45.00 to $53.00 and gave the stock a “neutral” rating in a research report on Thursday, October 5th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $59.00.

Greenbrier Companies Inc (NYSE:GBX) traded down $0.15 during trading hours on Wednesday, hitting $51.30. 401,500 shares of the company’s stock traded hands, compared to its average volume of 583,120. Greenbrier Companies Inc has a 12-month low of $40.45 and a 12-month high of $54.45. The firm has a market capitalization of $1,490.00, a P/E ratio of 13.90, a P/E/G ratio of 1.33 and a beta of 1.95. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.04 and a current ratio of 2.96.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings results on Friday, January 5th. The transportation company reported $0.90 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.88 by $0.02. Greenbrier Companies had a net margin of 5.39% and a return on equity of 10.71%. The business had revenue of $559.50 million for the quarter, compared to the consensus estimate of $591.05 million. During the same period in the prior year, the company posted $0.79 earnings per share. Greenbrier Companies’s revenue was up 1.3% compared to the same quarter last year. equities research analysts expect that Greenbrier Companies Inc will post 4.07 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, February 16th. Stockholders of record on Friday, January 26th will be issued a $0.23 dividend. The ex-dividend date is Thursday, January 25th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.79%. Greenbrier Companies’s dividend payout ratio (DPR) is currently 24.93%.

In related news, CEO William A. Furman sold 117,652 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $46.91, for a total value of $5,519,055.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Alejandro Centurion sold 5,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $52.21, for a total transaction of $287,155.00. Following the completion of the transaction, the executive vice president now owns 19,593 shares of the company’s stock, valued at approximately $1,022,950.53. The disclosure for this sale can be found here. Insiders sold 284,830 shares of company stock valued at $13,596,712 in the last three months. Company insiders own 2.46% of the company’s stock.

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Greenbrier Companies Profile

The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.

Institutional Ownership by Quarter for Greenbrier Companies (NYSE:GBX)

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