11,039 Shares in The Greenbrier Companies, Inc. (NYSE:GBX) Bought by Graham Capital Management L.P.

Graham Capital Management L.P. bought a new position in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 11,039 shares of the transportation company's stock, valued at approximately $673,000.

A number of other hedge funds have also bought and sold shares of the company. Values First Advisors Inc. raised its stake in Greenbrier Companies by 3.8% during the fourth quarter. Values First Advisors Inc. now owns 4,134 shares of the transportation company's stock worth $252,000 after buying an additional 151 shares during the last quarter. Alliancebernstein L.P. raised its stake in Greenbrier Companies by 0.6% during the fourth quarter. Alliancebernstein L.P. now owns 32,993 shares of the transportation company's stock worth $2,012,000 after buying an additional 196 shares during the last quarter. Carolina Wealth Advisors LLC raised its stake in Greenbrier Companies by 2.4% during the fourth quarter. Carolina Wealth Advisors LLC now owns 13,859 shares of the transportation company's stock worth $845,000 after buying an additional 331 shares during the last quarter. Quarry LP raised its stake in Greenbrier Companies by 892.7% during the fourth quarter. Quarry LP now owns 407 shares of the transportation company's stock worth $25,000 after buying an additional 366 shares during the last quarter. Finally, Swiss National Bank increased its stake in Greenbrier Companies by 0.7% in the fourth quarter. Swiss National Bank now owns 61,200 shares of the transportation company's stock valued at $3,733,000 after purchasing an additional 400 shares in the last quarter. Institutional investors own 95.59% of the company's stock.

Insiders Place Their Bets

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of the company's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $48.00, for a total value of $96,000.00. Following the completion of the sale, the chief operating officer now directly owns 36,714 shares of the company's stock, valued at approximately $1,762,272. This represents a 5.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.78% of the stock is currently owned by insiders.

Greenbrier Companies Price Performance

Shares of NYSE GBX opened at $47.02 on Thursday. The firm's 50-day moving average price is $46.97 and its 200-day moving average price is $57.68. The Greenbrier Companies, Inc. has a 1-year low of $37.77 and a 1-year high of $71.06. The firm has a market capitalization of $1.48 billion, a P/E ratio of 8.21, a P/E/G ratio of 0.80 and a beta of 1.79. The company has a current ratio of 1.53, a quick ratio of 0.84 and a debt-to-equity ratio of 0.89.

Greenbrier Companies (NYSE:GBX - Get Free Report) last posted its earnings results on Monday, April 7th. The transportation company reported $1.69 earnings per share for the quarter, missing analysts' consensus estimates of $1.78 by ($0.09). Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The business had revenue of $762.10 million during the quarter, compared to analyst estimates of $898.53 million. During the same quarter in the prior year, the company earned $1.03 EPS. The company's revenue was down 11.7% on a year-over-year basis. Equities research analysts anticipate that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Tuesday, April 22nd were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date of this dividend was Tuesday, April 22nd. This is a positive change from Greenbrier Companies's previous quarterly dividend of $0.30. Greenbrier Companies's dividend payout ratio is currently 20.45%.

Wall Street Analysts Forecast Growth

Separately, Susquehanna dropped their price objective on shares of Greenbrier Companies from $75.00 to $52.00 and set a "positive" rating on the stock in a report on Tuesday, April 8th.

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.

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