De Lisle Partners LLP Invests $4.92 Million in Greenbrier Companies, Inc. (The) $GBX

Key Points

• De Lisle Partners LLP acquired 100,336 shares of Greenbrier Companies valued at approximately $4.92 million, representing about 0.32% of the company. Institutional investors and hedge funds collectively own 95.59% of GBX.
• Greenbrier exceeded quarterly earnings expectations with EPS of $0.60 versus the $0.57 consensus, but revenue fell 31.6% year over year to $576.5 million, below estimates of $612.69 million.
• The company maintains a quarterly dividend of $0.34 per share, equivalent to an annualized $1.36 payout and a 3.0% yield. Analysts remain cautious, with an average rating of “Reduce” and a $45 price target, below the stock’s $46.05 opening price.

De Lisle Partners LLP acquired a new stake in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 100,336 shares of the transportation company's stock, valued at approximately $4,916,000. De Lisle Partners LLP owned about 0.32% of Greenbrier Companies as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GBX. Oregon Public Employees Retirement Fund grew its holdings in Greenbrier Companies by 2.9% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 7,114 shares of the transportation company's stock valued at $333,000 after purchasing an additional 200 shares during the last quarter. Austin Asset Management Co Inc lifted its stake in shares of Greenbrier Companies by 0.9% in the fourth quarter. Austin Asset Management Co Inc now owns 21,403 shares of the transportation company's stock worth $1,000,000 after buying an additional 200 shares during the last quarter. California State Teachers Retirement System boosted its holdings in shares of Greenbrier Companies by 1.6% during the 2nd quarter. California State Teachers Retirement System now owns 28,747 shares of the transportation company's stock worth $1,324,000 after buying an additional 454 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of Greenbrier Companies by 3.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,229 shares of the transportation company's stock worth $747,000 after buying an additional 470 shares during the period. Finally, CANADA LIFE ASSURANCE Co grew its stake in Greenbrier Companies by 1.9% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 27,809 shares of the transportation company's stock valued at $1,280,000 after buying an additional 526 shares during the last quarter. 95.59% of the stock is currently owned by institutional investors and hedge funds.

Greenbrier Companies Trading Up 0.5%

GBX opened at $46.05 on Friday. Greenbrier Companies, Inc. has a 1-year low of $38.23 and a 1-year high of $59.19. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of 13.66 and a beta of 1.43. The business has a 50 day moving average of $48.53 and a 200-day moving average of $50.49.

Greenbrier Companies (NYSE:GBX - Get Free Report) last announced its earnings results on Wednesday, July 1st. The transportation company reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.03. The business had revenue of $576.50 million for the quarter, compared to analyst estimates of $612.69 million. Greenbrier Companies had a net margin of 4.07% and a return on equity of 6.49%. Greenbrier Companies's revenue was down 31.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.86 earnings per share. Equities analysts predict that Greenbrier Companies, Inc. will post 3.1 EPS for the current year.

Greenbrier Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 6th. Stockholders of record on Thursday, July 16th were issued a dividend of $0.34 per share. The ex-dividend date was Thursday, July 16th. This represents a $1.36 annualized dividend and a dividend yield of 3.0%. Greenbrier Companies's payout ratio is presently 40.36%.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Zacks Research upgraded shares of Greenbrier Companies from a "strong sell" rating to a "hold" rating in a report on Monday, June 8th. Susquehanna cut shares of Greenbrier Companies from a "positive" rating to a "neutral" rating and set a $52.00 price target for the company. in a report on Thursday, July 2nd. Wall Street Zen raised Greenbrier Companies from a "sell" rating to a "hold" rating in a research report on Saturday, August 1st. Finally, Weiss Ratings lowered Greenbrier Companies from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, June 5th. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Reduce" and an average price target of $45.00.

About Greenbrier Companies

The Greenbrier Companies, headquartered in Lake Oswego, Oregon, is a leading supplier of freight transportation equipment and services. The company designs, engineers and manufactures railroad freight cars—such as intermodal well cars, covered hoppers, tank cars and double-stack cars—as well as marine barges for domestic and international customers. Beyond original equipment production, Greenbrier provides aftermarket services including maintenance, repair, refurbishment and mechanical overhauls under long-term service agreements.

Greenbrier's operations are organized into OEM and aftermarket segments, with manufacturing facilities and engineering centers across North America, Europe and Russia.

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