57,460 Shares in The Greenbrier Companies, Inc. (NYSE:GBX) Purchased by EAM Investors LLC

EAM Investors LLC 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 filing with the Securities and Exchange Commission (SEC). The fund bought 57,460 shares of the transportation company's stock, valued at approximately $3,504,000. EAM Investors LLC owned approximately 0.18% of Greenbrier Companies at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in GBX. R Squared Ltd acquired a new position in shares of Greenbrier Companies during the 4th quarter worth $26,000. F M Investments LLC purchased a new stake in shares of Greenbrier Companies during the 4th quarter worth approximately $35,000. Smartleaf Asset Management LLC boosted its stake in shares of Greenbrier Companies by 241.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company's stock worth $56,000 after acquiring an additional 644 shares in the last quarter. Sterling Capital Management LLC grew its holdings in shares of Greenbrier Companies by 812.3% in the 4th quarter. Sterling Capital Management LLC now owns 967 shares of the transportation company's stock worth $59,000 after acquiring an additional 861 shares during the period. Finally, KBC Group NV increased its stake in Greenbrier Companies by 57.8% in the 4th quarter. KBC Group NV now owns 1,466 shares of the transportation company's stock valued at $89,000 after purchasing an additional 537 shares in the last quarter. 95.59% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, COO William J. Krueger sold 2,000 shares of the firm's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $63.21, for a total value of $126,420.00. Following the transaction, the chief operating officer now owns 42,714 shares of the company's stock, valued at approximately $2,699,951.94. This trade represents a 4.47 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 1.78% of the company's stock.

Greenbrier Companies Trading Down 4.2 %

Shares of GBX stock traded down $1.82 during mid-day trading on Monday, hitting $41.04. 83,881 shares of the company's stock were exchanged, compared to its average volume of 376,710. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 7.16, a PEG ratio of 0.80 and a beta of 1.56. The stock has a 50-day simple moving average of $51.59 and a two-hundred day simple moving average of $58.85. The Greenbrier Companies, Inc. has a fifty-two week low of $37.77 and a fifty-two week high of $71.06. The company has a quick ratio of 0.84, a current ratio of 1.53 and a debt-to-equity ratio of 0.89.

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

Greenbrier Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 13th. Stockholders of record on Tuesday, April 22nd will be paid a $0.32 dividend. This is a positive change from Greenbrier Companies's previous quarterly dividend of $0.30. This represents a $1.28 annualized dividend and a dividend yield of 3.12%. The ex-dividend date is Tuesday, April 22nd. Greenbrier Companies's payout ratio is currently 20.45%.

Wall Street Analysts Forecast Growth

GBX has been the topic of a number of research reports. Bank of America increased their price objective on shares of Greenbrier Companies from $60.00 to $62.00 and gave the company an "underperform" rating in a research note on Thursday, January 9th. Susquehanna dropped their price objective on Greenbrier Companies from $75.00 to $52.00 and set a "positive" rating for the company in a research 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.