Caxton Associates LLP Buys New Shares in Greenbrier Companies, Inc. (The) $GBX

Key Points

• Caxton Associates LLP has acquired a new position in Greenbrier Companies, purchasing 27,973 shares valued at approximately $1.43 million, owning 0.09% of the company post-acquisition.
• Greenbrier Companies reported $1.86 earnings per share for the last quarter, which significantly exceeded analysts' expectations of $0.99, indicating strong financial performance.
• The company recently declared a quarterly dividend of $0.32 per share, representing an annualized dividend yield of 2.8%.

Caxton Associates LLP bought a new position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 27,973 shares of the transportation company's stock, valued at approximately $1,433,000. Caxton Associates LLP owned approximately 0.09% of Greenbrier Companies at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Versant Capital Management Inc raised its position in shares of Greenbrier Companies by 44.7% in the first quarter. Versant Capital Management Inc now owns 690 shares of the transportation company's stock worth $35,000 after buying an additional 213 shares in the last quarter. NBC Securities Inc. raised its position in shares of Greenbrier Companies by 108,700.0% in the first quarter. NBC Securities Inc. now owns 1,088 shares of the transportation company's stock worth $55,000 after buying an additional 1,087 shares in the last quarter. Curat Global LLC purchased a new stake in shares of Greenbrier Companies in the first quarter worth $56,000. US Bancorp DE raised its position in shares of Greenbrier Companies by 111.1% in the first quarter. US Bancorp DE now owns 1,121 shares of the transportation company's stock worth $57,000 after buying an additional 590 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Greenbrier Companies in the fourth quarter worth $65,000. Hedge funds and other institutional investors own 95.59% of the company's stock.

Insider Activity

In related news, COO William J. Krueger sold 4,000 shares of the business's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $48.00, for a total value of $192,000.00. Following the completion of the transaction, the chief operating officer directly owned 32,714 shares in the company, valued at $1,570,272. The trade was a 10.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James R. Huffines bought 2,500 shares of the business's stock in a transaction on Friday, August 8th. The stock was bought at an average cost of $44.84 per share, with a total value of $112,100.00. Following the transaction, the director owned 13,909 shares in the company, valued at $623,679.56. This trade represents a 21.91% increase in their position. The disclosure for this purchase can be found here. Insiders have sold 11,379 shares of company stock valued at $595,213 in the last quarter. Insiders own 1.78% of the company's stock.

Greenbrier Companies Stock Up 1.1%

GBX traded up $0.49 on Monday, hitting $46.63. The company had a trading volume of 36,580 shares, compared to its average volume of 444,850. The stock has a fifty day simple moving average of $47.68 and a 200-day simple moving average of $47.45. Greenbrier Companies, Inc. has a 52-week low of $37.77 and a 52-week high of $71.06. The firm has a market capitalization of $1.44 billion, a P/E ratio of 6.60, a P/E/G ratio of 1.53 and a beta of 1.72. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 0.82.

Greenbrier Companies (NYSE:GBX - Get Free Report) last released its earnings results on Tuesday, July 1st. The transportation company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.87. Greenbrier Companies had a net margin of 6.48% and a return on equity of 14.56%. The firm had revenue of $842.70 million during the quarter, compared to analyst estimates of $785.72 million. During the same period last year, the business earned $1.06 earnings per share. The business's revenue was up 2.7% on a year-over-year basis. Greenbrier Companies has set its FY 2025 guidance at EPS. As a group, equities analysts expect that Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 7th. Investors of record on Thursday, July 17th were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Thursday, July 17th. Greenbrier Companies's payout ratio is presently 18.13%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Susquehanna increased their price objective on Greenbrier Companies from $52.00 to $57.00 and gave the stock a "positive" rating in a research report on Wednesday, July 2nd. Wall Street Zen raised Greenbrier Companies from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $59.50.

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.