Encompass Capital Advisors LLC Buys 193,340 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

Encompass Capital Advisors LLC raised its stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 26.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 930,236 shares of the transportation company's stock after purchasing an additional 193,340 shares during the period. Greenbrier Companies accounts for 2.2% of Encompass Capital Advisors LLC's portfolio, making the stock its 12th largest holding. Encompass Capital Advisors LLC owned 2.97% of Greenbrier Companies worth $56,735,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LSV Asset Management grew its stake in shares of 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 acquiring an additional 264,552 shares during the last quarter. Norges Bank acquired a new stake in shares of Greenbrier Companies in the fourth quarter worth $14,257,000. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Greenbrier Companies in the fourth quarter worth $9,671,000. Tudor Investment Corp ET AL acquired a new stake in shares of Greenbrier Companies in the fourth quarter worth $6,523,000. Finally, Beacon Harbor Wealth Advisors Inc. acquired a new stake in shares of Greenbrier Companies in the fourth quarter worth $6,274,000. Institutional investors and hedge funds own 95.59% of the company's stock.

Wall Street Analyst Weigh In

Separately, Susquehanna lowered their price objective 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 Stock Performance

GBX stock traded down $0.29 during midday trading on Friday, hitting $44.42. The stock had a trading volume of 296,489 shares, compared to its average volume of 384,960. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 7.75, 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. The stock has a 50-day simple moving average of $47.45 and a 200 day simple moving average of $57.92. 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 issued its 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 firm had revenue of $762.10 million during the quarter, compared to the consensus estimate of $898.53 million. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The firm's revenue for the quarter was down 11.7% compared to the same quarter last year. During the same period last year, the business earned $1.03 earnings per share. As a group, equities research analysts anticipate that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 13th. Investors of record on Tuesday, April 22nd will be given a $0.32 dividend. This is a boost from Greenbrier Companies's previous quarterly dividend of $0.30. This represents a $1.28 annualized dividend and a yield of 2.88%. The ex-dividend date is Tuesday, April 22nd. Greenbrier Companies's dividend payout ratio (DPR) 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.