Greenbrier Companies, Inc. (The) $GBX Shares Bought by Quantinno Capital Management LP

Key Points

• Quantinno Capital Management increased its Greenbrier Companies stake by 359.1% in the first quarter, bringing its holdings to 39,563 shares valued at approximately $2.08 million. Institutional investors collectively own 95.59% of the company.
• Analyst sentiment remains cautious: Susquehanna downgraded the stock to neutral with a $52 price target, while the overall consensus rating is “Reduce” with an average target of $45.
• Greenbrier beat quarterly EPS expectations, reporting $0.60 versus $0.57 expected, but revenue fell 31.6% year over year to $576.5 million. The company continues to pay a quarterly dividend of $0.34 per share, yielding about 2.9% annually.

Quantinno Capital Management LP increased its position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 359.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 39,563 shares of the transportation company's stock after buying an additional 30,945 shares during the period. Quantinno Capital Management LP owned about 0.13% of Greenbrier Companies worth $2,083,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Gen Wealth Partners Inc purchased a new stake in shares of Greenbrier Companies during the 4th quarter worth $38,000. Quarry LP raised its position in shares of Greenbrier Companies by 6,900.0% during the 3rd quarter. Quarry LP now owns 1,120 shares of the transportation company's stock worth $52,000 after acquiring an additional 1,104 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in Greenbrier Companies during the first quarter worth approximately $54,000. Danske Bank A S purchased a new stake in Greenbrier Companies in the fourth quarter valued at $61,000. Finally, Tower Research Capital LLC TRC boosted its position in shares of Greenbrier Companies by 282.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,040 shares of the transportation company's stock valued at $140,000 after purchasing an additional 2,245 shares during the period. Institutional investors and hedge funds own 95.59% of the company's stock.

Analysts Set New Price Targets

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

Greenbrier Companies Price Performance

GBX opened at $46.13 on Tuesday. The company has a market capitalization of $1.43 billion, a price-to-earnings ratio of 13.69 and a beta of 1.43. Greenbrier Companies, Inc. has a 1-year low of $38.23 and a 1-year high of $59.19. The business has a 50 day moving average price of $48.82 and a two-hundred day moving average price of $50.78.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its quarterly earnings results on Wednesday, July 1st. The transportation company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.03. The company had revenue of $576.50 million for the quarter, compared to analysts' expectations of $612.69 million. Greenbrier Companies had a return on equity of 6.49% and a net margin of 4.07%.The firm's revenue for the quarter was down 31.6% on a year-over-year basis. During the same period last year, the firm earned $1.86 EPS. Equities analysts expect that Greenbrier Companies, Inc. will post 3.1 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 6th. Stockholders of record on Thursday, July 16th were paid a dividend of $0.34 per share. The ex-dividend date of this dividend was Thursday, July 16th. This represents a $1.36 annualized dividend and a dividend yield of 2.9%. Greenbrier Companies's dividend payout ratio (DPR) is currently 40.36%.

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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