Oliver Luxxe Assets LLC Makes New Investment in Greenbrier Companies, Inc. (The) $GBX

Key Points

• Oliver Luxxe Assets LLC has acquired a new stake in Greenbrier Companies, Inc., purchasing 35,984 shares valued at approximately $1.84 million.
• Insiders at Greenbrier Companies sold significant shares recently, with key sales reflecting a 54.90% and 63.51% decrease in ownership for two directors.
• The company has announced a quarterly dividend of $0.32, representing an annualized dividend yield of 2.7%, with a dividend payout ratio of 18.13%.

Oliver Luxxe Assets LLC bought a new position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 35,984 shares of the transportation company's stock, valued at approximately $1,843,000. Oliver Luxxe Assets LLC owned approximately 0.11% of Greenbrier Companies as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of GBX. Quarry LP increased its stake in Greenbrier Companies by 892.7% during the 4th quarter. Quarry LP now owns 407 shares of the transportation company's stock worth $25,000 after purchasing an additional 366 shares in the last quarter. Versant Capital Management Inc grew its stake in shares of Greenbrier Companies by 44.7% during the 1st quarter. Versant Capital Management Inc now owns 690 shares of the transportation company's stock worth $35,000 after acquiring an additional 213 shares in the last quarter. NBC Securities Inc. grew its stake in shares of Greenbrier Companies by 108,700.0% during the 1st quarter. NBC Securities Inc. now owns 1,088 shares of the transportation company's stock worth $55,000 after acquiring an additional 1,087 shares in the last quarter. Curat Global LLC acquired a new stake in shares of Greenbrier Companies in the first quarter valued at approximately $56,000. Finally, US Bancorp DE lifted 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 purchasing an additional 590 shares in the last quarter. 95.59% of the stock is owned by institutional investors.

Greenbrier Companies Stock Up 0.8%

GBX traded up $0.37 during trading on Wednesday, reaching $47.14. 198,846 shares of the stock were exchanged, compared to its average volume of 460,219. The stock has a market cap of $1.46 billion, a P/E ratio of 6.68, a price-to-earnings-growth ratio of 1.29 and a beta of 1.69. Greenbrier Companies, Inc. has a twelve month low of $37.77 and a twelve month high of $71.06. The stock's 50 day moving average price is $48.18 and its two-hundred day moving average price is $48.58. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.82 and a current ratio of 1.48.

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

Greenbrier Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 7th. Investors of record on Thursday, July 17th were issued a dividend of $0.32 per share. 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%.

Insider Activity

In other Greenbrier Companies news, Director Wanda F. Felton sold 3,652 shares of Greenbrier Companies stock in a transaction on Friday, July 11th. The shares were sold at an average price of $54.31, for a total transaction of $198,340.12. Following the completion of the transaction, the director directly owned 3,000 shares of the company's stock, valued at $162,930. The trade was a 54.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO William J. Krueger sold 4,000 shares of Greenbrier Companies stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $48.00, for a total transaction of $192,000.00. Following the transaction, the chief operating officer directly owned 32,714 shares of the company's stock, valued at approximately $1,570,272. This trade represents a 10.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,379 shares of company stock valued at $595,213 in the last ninety days. Corporate insiders own 1.78% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on GBX shares. Wall Street Zen downgraded shares of Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 9th. Susquehanna raised their price objective on Greenbrier Companies from $52.00 to $57.00 and gave the company a "positive" rating in a report on Wednesday, July 2nd. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price 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.