Cubist Systematic Strategies LLC Grows Stock Position in The Greenbrier Companies, Inc. (NYSE:GBX)

Cubist Systematic Strategies LLC increased its stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 59.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 102,845 shares of the transportation company's stock after acquiring an additional 38,491 shares during the quarter. Cubist Systematic Strategies LLC owned approximately 0.33% of Greenbrier Companies worth $6,273,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of GBX. LSV Asset Management grew its position in shares of Greenbrier Companies by 94.3% in the 4th quarter. LSV Asset Management now owns 545,185 shares of the transportation company's stock worth $33,251,000 after buying an additional 264,552 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of Greenbrier Companies by 2.0% in the 4th quarter. Ameriprise Financial Inc. now owns 536,381 shares of the transportation company's stock worth $32,714,000 after buying an additional 10,521 shares during the last quarter. Bridgeway Capital Management LLC lifted its stake in shares of Greenbrier Companies by 31.3% in the 4th quarter. Bridgeway Capital Management LLC now owns 398,226 shares of the transportation company's stock valued at $24,288,000 after purchasing an additional 94,912 shares during the period. Northern Trust Corp grew its stake in Greenbrier Companies by 20.5% in the fourth quarter. Northern Trust Corp now owns 389,406 shares of the transportation company's stock worth $23,750,000 after purchasing an additional 66,185 shares during the period. Finally, Hodges Capital Management Inc. boosted its holdings in shares of Greenbrier Companies by 9.2% during the 4th quarter. Hodges Capital Management Inc. now owns 348,325 shares of the transportation company's stock valued at $21,244,000 after buying an additional 29,231 shares in the last quarter. 95.59% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Susquehanna dropped their target price 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 Stock Down 0.8%

Shares of GBX traded down $0.40 during trading hours on Wednesday, hitting $47.15. The company had a trading volume of 70,722 shares, compared to its average volume of 506,365. The firm has a fifty day moving average price of $47.14 and a 200-day moving average price of $57.76. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.84 and a current ratio of 1.53. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 8.23, a P/E/G ratio of 0.80 and a beta of 1.79. The Greenbrier Companies, Inc. has a 52-week low of $37.77 and a 52-week high of $71.06.

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

Greenbrier Companies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Tuesday, April 22nd were given a dividend of $0.32 per share. The ex-dividend date was Tuesday, April 22nd. This represents a $1.28 annualized dividend and a dividend yield of 2.71%. This is a positive change from Greenbrier Companies's previous quarterly dividend of $0.30. Greenbrier Companies's dividend payout ratio is presently 20.45%.

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.