Algert Global LLC Has $7.36 Million Stock Position in Greenbrier Companies, Inc. (The) $GBX

Key Points

• Algert Global LLC increased its stake in Greenbrier Companies by 153.3% in the first quarter, now owning approximately 0.46% of the company, valued at $7.35 million.
• Insider trading reports revealed that COO William J. Krueger sold 4,000 shares at $48.00 each, reducing his ownership by 10.90%, while Director Thomas B. Fargo sold 3,727 shares at about $54.97, marking a substantial 63.51% decrease in position.
• Greenbrier recently announced a quarterly dividend of $0.32 per share, reflecting an annualized yield of 2.8% and exerting a payout ratio of 18.13%.

Algert Global LLC increased its stake in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 153.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 143,604 shares of the transportation company's stock after purchasing an additional 86,900 shares during the quarter. Algert Global LLC owned 0.46% of Greenbrier Companies worth $7,355,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. acquired a new stake in Greenbrier Companies in the first quarter valued at $586,000. New York State Teachers Retirement System increased its position in shares of Greenbrier Companies by 27.2% in the first quarter. New York State Teachers Retirement System now owns 13,848 shares of the transportation company's stock valued at $709,000 after buying an additional 2,960 shares in the last quarter. Northern Trust Corp increased its position in Greenbrier Companies by 20.5% during the 4th quarter. Northern Trust Corp now owns 389,406 shares of the transportation company's stock worth $23,750,000 after purchasing an additional 66,185 shares in the last quarter. GAMMA Investing LLC increased its position in Greenbrier Companies by 6,100.3% during the 1st quarter. GAMMA Investing LLC now owns 38,876 shares of the transportation company's stock worth $1,991,000 after purchasing an additional 38,249 shares in the last quarter. Finally, NBC Securities Inc. grew its holdings in 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. 95.59% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Greenbrier Companies

In other news, Director Wanda F. Felton sold 3,652 shares of the company'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 sale, the director owned 3,000 shares in the company, valued at $162,930. This represents a 54.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Thomas B. Fargo sold 3,727 shares of the company's stock in a transaction 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 trade represents a 63.51% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,379 shares of company stock worth $595,213. Corporate insiders own 1.78% of the company's stock.

Analysts Set New Price Targets

Several research firms have commented on GBX. Susquehanna lifted their price target on Greenbrier Companies from $52.00 to $57.00 and gave the company a "positive" rating in a report on Wednesday, July 2nd. Wall Street Zen lowered Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 9th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $59.50.

Greenbrier Companies Stock Performance

GBX stock traded up $1.62 during trading on Friday, reaching $47.43. 360,234 shares of the company's stock were exchanged, compared to its average volume of 340,341. 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, Inc. has a 1-year low of $37.77 and a 1-year high of $71.06. The company's fifty day moving average price is $48.10 and its 200-day moving average price is $48.96. The firm has a market cap of $1.46 billion, a PE ratio of 6.72, a P/E/G ratio of 1.28 and a beta of 1.69.

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, topping analysts' consensus estimates of $0.99 by $0.87. The company had revenue of $842.70 million during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.06 EPS. Greenbrier Companies has set its FY 2025 guidance at EPS. On average, research analysts expect that Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

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

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.