De Lisle Partners LLP Grows Stock Position in Greenbrier Companies, Inc. (The) (NYSE:GBX)

Key Points

• De Lisle Partners LLP increased its holdings in Greenbrier Companies by 29.5%, adding 27,726 shares to own a total of 121,675 shares, which now constitutes approximately 1.0% of their portfolio.
• Greenbrier Companies reported earnings of $1.86 per share, significantly exceeding analysts' expectations of $0.99, along with a revenue of $842.70 million for the quarter.
• The company announced a quarterly dividend of $0.32 per share, with an ex-dividend date of July 17th, representing an annual yield of 2.73%.

De Lisle Partners LLP raised its position in Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 29.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 121,675 shares of the transportation company's stock after acquiring an additional 27,726 shares during the quarter. Greenbrier Companies makes up approximately 1.0% of De Lisle Partners LLP's portfolio, making the stock its 24th biggest position. De Lisle Partners LLP owned 0.39% of Greenbrier Companies worth $6,229,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Quarry LP boosted its stake in shares of Greenbrier Companies by 892.7% in the 4th quarter. Quarry LP now owns 407 shares of the transportation company's stock valued at $25,000 after buying an additional 366 shares during the period. F M Investments LLC purchased a new position in shares of Greenbrier Companies in the 4th quarter valued at about $35,000. Versant Capital Management Inc boosted its stake in shares of Greenbrier Companies by 44.7% in the 1st quarter. Versant Capital Management Inc now owns 690 shares of the transportation company's stock valued at $35,000 after buying an additional 213 shares during the period. NBC Securities Inc. boosted its stake in shares of Greenbrier Companies by 108,700.0% in the 1st quarter. NBC Securities Inc. now owns 1,088 shares of the transportation company's stock valued at $55,000 after buying an additional 1,087 shares during the period. Finally, Curat Global LLC purchased a new position in shares of Greenbrier Companies in the 1st quarter valued at about $56,000. 95.59% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Greenbrier Companies

In other Greenbrier Companies news, Director Wanda F. Felton sold 3,652 shares of the business's stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $54.31, for a total value of $198,340.12. Following the completion of the sale, the director owned 3,000 shares in the company, valued at approximately $162,930. The trade was a 54.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Thomas B. Fargo sold 3,727 shares of the business's stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $54.97, for a total value of $204,873.19. Following the completion of the sale, the director owned 2,141 shares of the company's stock, valued at approximately $117,690.77. This represents a 63.51% decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,379 shares of company stock valued at $691,213 over the last three months. 1.78% of the stock is owned by corporate insiders.

Greenbrier Companies Stock Down 3.3%

GBX traded down $1.49 on Friday, reaching $44.01. The company's stock had a trading volume of 348,230 shares, compared to its average volume of 481,715. The stock has a 50 day moving average of $47.99 and a two-hundred day moving average of $51.32. The company has a quick ratio of 0.82, a current ratio of 1.48 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of 6.23, a P/E/G ratio of 1.28 and a beta of 1.71. Greenbrier Companies, Inc. has a fifty-two week low of $37.77 and a fifty-two week high of $71.06.

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

Greenbrier Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 7th. Investors of record on Thursday, July 17th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Thursday, July 17th. Greenbrier Companies's dividend payout ratio is 18.13%.

Analyst Upgrades and Downgrades

GBX has been the subject of several recent research reports. Susquehanna lifted their price objective on Greenbrier Companies from $52.00 to $57.00 and gave the company a "positive" rating in a research note on Wednesday, July 2nd. Wall Street Zen upgraded Greenbrier Companies from a "hold" rating to a "strong-buy" rating in a research note on Saturday, July 5th.

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.