Barrow Hanley Mewhinney & Strauss LLC Sells 136,424 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

Barrow Hanley Mewhinney & Strauss LLC reduced its stake in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 8.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,469,306 shares of the transportation company's stock after selling 136,424 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned approximately 4.69% of Greenbrier Companies worth $89,613,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Encompass Capital Advisors LLC boosted its holdings in shares of Greenbrier Companies by 26.2% in the fourth quarter. Encompass Capital Advisors LLC now owns 930,236 shares of the transportation company's stock worth $56,735,000 after acquiring an additional 193,340 shares during the period. LSV Asset Management boosted its holdings 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 period. Ameriprise Financial Inc. boosted its stake in Greenbrier Companies by 2.0% during the fourth quarter. Ameriprise Financial Inc. now owns 536,381 shares of the transportation company's stock valued at $32,714,000 after buying an additional 10,521 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Greenbrier Companies by 5.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 518,819 shares of the transportation company's stock valued at $31,643,000 after buying an additional 27,683 shares during the period. Finally, Bridgeway Capital Management LLC boosted its stake in Greenbrier Companies by 31.3% during the fourth quarter. Bridgeway Capital Management LLC now owns 398,226 shares of the transportation company's stock valued at $24,288,000 after buying an additional 94,912 shares during the period. 95.59% of the stock is owned by institutional investors.

Insider Buying and Selling at Greenbrier Companies

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of the firm's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $48.00, for a total transaction of $96,000.00. Following the sale, the chief operating officer now owns 36,714 shares in the company, valued at $1,762,272. This trade represents a 5.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.78% of the company's stock.

Greenbrier Companies Price Performance

NYSE:GBX opened at $44.84 on Friday. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 7.83, 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 fifty day moving average of $45.95 and a 200 day moving average of $57.10. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.84 and a current ratio of 1.53.

Greenbrier Companies (NYSE:GBX - Get Free Report) last posted its quarterly earnings data on Monday, April 7th. The transportation company reported $1.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by ($0.09). The business had revenue of $762.10 million for the quarter, compared to the consensus estimate of $898.53 million. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. Greenbrier Companies's quarterly revenue was down 11.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.03 EPS. On average, research analysts expect that The Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Tuesday, April 22nd were given a dividend of $0.32 per share. This is an increase from Greenbrier Companies's previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Tuesday, April 22nd. This represents a $1.28 dividend on an annualized basis and a yield of 2.85%. Greenbrier Companies's dividend payout ratio (DPR) is presently 20.45%.

Wall Street Analysts Forecast Growth

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

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.

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