Encompass Capital Advisors LLC Grows Stock Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

Encompass Capital Advisors LLC increased its stake in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 26.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 930,236 shares of the transportation company's stock after purchasing an additional 193,340 shares during the quarter. Greenbrier Companies accounts for 2.2% of Encompass Capital Advisors LLC's portfolio, making the stock its 12th largest position. Encompass Capital Advisors LLC owned about 2.97% of Greenbrier Companies worth $56,735,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. LSV Asset Management boosted its holdings in Greenbrier Companies by 94.3% in the fourth quarter. LSV Asset Management now owns 545,185 shares of the transportation company's stock worth $33,251,000 after purchasing an additional 264,552 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Greenbrier Companies by 2.0% in the fourth quarter. Ameriprise Financial Inc. now owns 536,381 shares of the transportation company's stock worth $32,714,000 after purchasing an additional 10,521 shares during the last quarter. Bridgeway Capital Management LLC boosted its holdings in Greenbrier Companies by 31.3% in the fourth quarter. Bridgeway Capital Management LLC now owns 398,226 shares of the transportation company's stock worth $24,288,000 after purchasing an additional 94,912 shares during the last quarter. Northern Trust Corp boosted its holdings 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 last quarter. Finally, Hodges Capital Management Inc. boosted its holdings in Greenbrier Companies by 9.2% in the fourth quarter. Hodges Capital Management Inc. now owns 348,325 shares of the transportation company's stock worth $21,244,000 after purchasing an additional 29,231 shares during the last quarter. Hedge funds and other institutional investors own 95.59% of the company's stock.

Wall Street Analysts Forecast Growth

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

Greenbrier Companies Price Performance

NYSE GBX traded down $0.37 on Wednesday, reaching $47.18. The company had a trading volume of 90,009 shares, compared to its average volume of 385,015. The company has a quick ratio of 0.84, a current ratio of 1.53 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $1.48 billion, a PE ratio of 8.23, a price-to-earnings-growth ratio of 0.80 and a beta of 1.79. The firm's 50 day moving average price is $47.14 and its 200 day moving average price is $57.76. The Greenbrier Companies, Inc. has a 12 month low of $37.77 and a 12 month high of $71.06.

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 the consensus estimate of $898.53 million. During the same quarter last year, the firm earned $1.03 earnings per share. The business's quarterly revenue was down 11.7% on a year-over-year basis. As a group, equities analysts predict that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Tuesday, April 22nd were given a $0.32 dividend. This is a positive change from Greenbrier Companies's previous quarterly dividend of $0.30. This represents a $1.28 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date of this dividend was Tuesday, April 22nd. Greenbrier Companies's dividend payout ratio is 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.