Edgestream Partners L.P. Invests $1.31 Million in Greenbrier Companies, Inc. (The) (NYSE:GBX)

Edgestream Partners L.P. purchased a new position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 25,601 shares of the transportation company's stock, valued at approximately $1,311,000. Edgestream Partners L.P. owned about 0.08% of Greenbrier Companies as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Quarry LP boosted its holdings in shares of Greenbrier Companies by 892.7% in the fourth quarter. Quarry LP now owns 407 shares of the transportation company's stock valued at $25,000 after acquiring an additional 366 shares during the period. F M Investments LLC acquired a new stake in shares of Greenbrier Companies in the fourth quarter valued at approximately $35,000. Versant Capital Management Inc boosted its holdings 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 valued at $35,000 after acquiring an additional 213 shares during the period. NBC Securities Inc. boosted its holdings 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 valued at $55,000 after acquiring an additional 1,087 shares during the period. Finally, Curat Global LLC acquired a new stake in shares of Greenbrier Companies in the first quarter valued at approximately $56,000. Institutional investors and hedge funds own 95.59% of the company's stock.

Insider Buying and Selling

In other news, Director Wanda F. Felton sold 3,652 shares of the business's stock in a transaction 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 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 legal filing with the SEC, which is available through the SEC website. Also, COO William J. Krueger sold 4,000 shares of the business's stock in a transaction on Tuesday, July 1st. The stock was 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 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. Over the last ninety days, insiders sold 13,379 shares of company stock valued at $691,213. 1.78% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages have weighed in on GBX. Susquehanna lifted their target price 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 Stock Performance

Shares of GBX stock traded down $1.41 during midday trading on Friday, hitting $48.64. The company had a trading volume of 1,492,002 shares, compared to its average volume of 391,227. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 0.82. The company's 50 day simple moving average is $47.87 and its 200 day simple moving average is $52.14. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 6.89, a PEG ratio of 1.36 and a beta of 1.71. Greenbrier Companies, Inc. has a 52-week low of $37.77 and a 52-week high of $71.06.

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

Greenbrier Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 7th. Investors of record on Thursday, July 17th will be issued a dividend of $0.32 per share. The ex-dividend date is Thursday, July 17th. This represents a $1.28 annualized dividend and a yield of 2.63%. Greenbrier Companies's dividend payout ratio is presently 18.13%.

Greenbrier Companies Company 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.