Algert Global LLC Purchases 86,900 Shares of 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 boosted its position in Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 153.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 143,604 shares of the transportation company's stock after buying an additional 86,900 shares during the quarter. Algert Global LLC owned approximately 0.46% of Greenbrier Companies worth $7,355,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. bought a new position in Greenbrier Companies during the 1st quarter valued at about $586,000. New York State Teachers Retirement System grew its holdings in Greenbrier Companies by 27.2% during 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 purchasing an additional 2,960 shares during the period. Northern Trust Corp lifted its stake in Greenbrier Companies by 20.5% in the fourth quarter. Northern Trust Corp now owns 389,406 shares of the transportation company's stock valued at $23,750,000 after buying an additional 66,185 shares in the last quarter. GAMMA Investing LLC lifted its stake in Greenbrier Companies by 6,100.3% in the first quarter. GAMMA Investing LLC now owns 38,876 shares of the transportation company's stock valued at $1,991,000 after buying an additional 38,249 shares in the last quarter. Finally, NBC Securities Inc. lifted its stake in 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 buying an additional 1,087 shares in the last quarter. 95.59% of the stock is owned by institutional investors.

Insider Buying and Selling at Greenbrier Companies

In other Greenbrier Companies news, Director James R. Huffines purchased 2,500 shares of the firm's stock in a transaction that occurred on Friday, August 8th. The shares were acquired at an average cost of $44.84 per share, for a total transaction of $112,100.00. Following the completion of the purchase, the director owned 13,909 shares of the company's stock, valued at approximately $623,679.56. The trade was a 21.91% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas B. Fargo sold 3,727 shares of the company's stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $54.97, for a total transaction of $204,873.19. Following the completion of the transaction, the director owned 2,141 shares in the company, valued at $117,690.77. This trade represents a 63.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,379 shares of company stock valued at $595,213. 1.78% of the stock is currently owned by insiders.

Greenbrier Companies Stock Performance

Shares of NYSE:GBX traded up $1.62 on Friday, hitting $47.43. The company had a trading volume of 360,091 shares, compared to its average volume of 463,649. Greenbrier Companies, Inc. has a 1-year low of $37.77 and a 1-year high of $71.06. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 6.72, a P/E/G ratio of 1.30 and a beta of 1.69. The stock has a 50 day moving average price of $48.06 and a 200 day moving average price of $49.08. The company has a current ratio of 1.48, a quick ratio of 0.82 and a debt-to-equity ratio of 0.83.

Greenbrier Companies (NYSE:GBX - Get Free Report) last released its quarterly earnings data on Tuesday, July 1st. The transportation company reported $1.86 EPS for the quarter, beating the consensus estimate of $0.99 by $0.87. Greenbrier Companies had a net margin of 6.48% and a return on equity of 14.56%. The firm had revenue of $842.70 million for the quarter, compared to the consensus estimate of $785.72 million. During the same period in the previous year, the company earned $1.06 earnings per share. The company's quarterly revenue was up 2.7% on a year-over-year basis. Greenbrier Companies has set its FY 2025 guidance at EPS. Analysts expect that Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Announces Dividend

The firm 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. 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%.

Wall Street Analyst Weigh In

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

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.