Greenbrier Companies, Inc. (The) $GBX Shares Sold by Gamco Investors INC. ET AL

Key Points

• Gamco Investors INC. ET AL reduced its holdings in Greenbrier Companies by 5.2%, owning 112,100 shares after selling 6,200 shares during the first quarter.
• Vanguard Group Inc. increased its holdings in Greenbrier Companies by 6.8%, now owning nearly 3.8 million shares valued at around $193.5 million.
• Greenbrier recently announced a quarterly dividend of $0.32, translating to an annual yield of 2.7%, reflecting a payout ratio of 18.13%.

Gamco Investors INC. ET AL reduced its position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 5.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 112,100 shares of the transportation company's stock after selling 6,200 shares during the period. Gamco Investors INC. ET AL owned 0.36% of Greenbrier Companies worth $5,742,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of GBX. Quarry LP boosted its stake in shares of 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 during the last quarter. Versant Capital Management Inc boosted its position 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 worth $35,000 after acquiring an additional 213 shares during the last quarter. NBC Securities Inc. boosted its position 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 worth $55,000 after acquiring an additional 1,087 shares during the last quarter. Curat Global LLC acquired a new stake in shares of Greenbrier Companies in the first quarter worth approximately $56,000. Finally, US Bancorp DE boosted 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 acquiring an additional 590 shares during the last quarter. 95.59% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Susquehanna raised their target price on shares of Greenbrier Companies from $52.00 to $57.00 and gave the stock a "positive" rating in a research report on Wednesday, July 2nd. Wall Street Zen lowered shares of Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 9th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Greenbrier Companies presently has an average rating of "Hold" and a consensus target price of $59.50.

Greenbrier Companies Stock Down 0.7%

Shares of GBX traded down $0.34 during mid-day trading on Monday, reaching $46.68. 231,206 shares of the stock traded hands, compared to its average volume of 275,950. The firm has a market cap of $1.44 billion, a price-to-earnings ratio of 6.61, a P/E/G ratio of 1.30 and a beta of 1.72. The stock has a fifty day simple moving average of $48.23 and a 200 day simple moving average of $48.16. Greenbrier Companies, Inc. has a 12-month low of $37.77 and a 12-month high of $71.06. The company has a quick ratio of 0.82, a current ratio of 1.48 and a debt-to-equity ratio of 0.83.

Greenbrier Companies (NYSE:GBX - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $842.70 million for the quarter, compared to analyst estimates of $785.72 million. Greenbrier Companies had a net margin of 6.48% and a return on equity of 14.56%. The business's quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.06 earnings per share. Greenbrier Companies has set its FY 2025 guidance at EPS. Sell-side analysts expect that Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 7th. Investors of record on Thursday, July 17th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Thursday, July 17th. Greenbrier Companies's payout ratio is 18.13%.

Insider Activity at Greenbrier Companies

In related 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 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 is accessible through this link. Also, Director Thomas B. Fargo sold 3,727 shares of Greenbrier Companies stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of $54.97, for a total transaction 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 trade represents a 63.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,379 shares of company stock worth $595,213 in the last ninety days. 1.78% of the stock is currently owned by corporate insiders.

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.