14,541 Shares in The Greenbrier Companies, Inc. (NYSE:GBX) Bought by Range Financial Group LLC

Range Financial Group LLC bought a new position in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,541 shares of the transportation company's stock, valued at approximately $745,000.

Several other large investors have also added to or reduced their stakes in GBX. KBC Group NV boosted its holdings in Greenbrier Companies by 57.8% during the fourth quarter. KBC Group NV now owns 1,466 shares of the transportation company's stock worth $89,000 after purchasing an additional 537 shares during the last quarter. Empowered Funds LLC boosted its holdings in Greenbrier Companies by 9.8% during the fourth quarter. Empowered Funds LLC now owns 166,726 shares of the transportation company's stock worth $10,169,000 after purchasing an additional 14,912 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in Greenbrier Companies in the fourth quarter valued at $2,527,000. Values First Advisors Inc. lifted its stake in Greenbrier Companies by 3.8% in the fourth quarter. Values First Advisors Inc. now owns 4,134 shares of the transportation company's stock valued at $252,000 after acquiring an additional 151 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in Greenbrier Companies by 3.6% in the fourth quarter. Principal Financial Group Inc. now owns 152,029 shares of the transportation company's stock valued at $9,272,000 after acquiring an additional 5,289 shares during the last quarter. Institutional investors and hedge funds own 95.59% of the company's stock.

Greenbrier Companies Stock Performance

Shares of GBX stock opened at $45.74 on Monday. The stock has a market cap of $1.44 billion, a P/E ratio of 7.98, a P/E/G ratio of 0.80 and a beta of 1.73. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.53 and a quick ratio of 0.84. The company has a fifty day moving average price of $44.14 and a two-hundred day moving average price of $55.45. The Greenbrier Companies, Inc. has a one year low of $37.77 and a one year high of $71.06.

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

Greenbrier Companies Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Tuesday, April 22nd were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date was Tuesday, April 22nd. This is a boost from Greenbrier Companies's previous quarterly dividend of $0.30. Greenbrier Companies's dividend payout ratio (DPR) is currently 20.45%.

Analysts Set New Price Targets

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

Insider Transactions at Greenbrier Companies

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

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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