Versor Investments LP Increases Position in Greenbrier Companies, Inc. (The) $GBX

Key Points

• Versor Investments LP increased its stake in Greenbrier Companies by 113.6%, owning approximately 19,821 shares worth $1,015,000 after acquiring an additional 10,542 shares in the 1st quarter.
• The company reported $1.86 EPS for the last quarter, exceeding estimates of $0.99, and had revenue of $842.70 million, surpassing analyst expectations of $785.72 million.
• Greenbrier recently declared a quarterly dividend of $0.32 per share, representing an annualized dividend yield of 2.8% and a payout ratio of 18.13%.

Versor Investments LP raised its holdings in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 113.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,821 shares of the transportation company's stock after buying an additional 10,542 shares during the quarter. Versor Investments LP owned about 0.06% of Greenbrier Companies worth $1,015,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of GBX. Vanguard Group Inc. grew its holdings in shares of Greenbrier Companies by 6.8% during the first quarter. Vanguard Group Inc. now owns 3,778,630 shares of the transportation company's stock worth $193,541,000 after purchasing an additional 242,180 shares during the last quarter. Encompass Capital Advisors LLC boosted its stake in Greenbrier Companies by 26.2% in the 4th quarter. Encompass Capital Advisors LLC now owns 930,236 shares of the transportation company's stock valued at $56,735,000 after purchasing an additional 193,340 shares during the period. LSV Asset Management raised its holdings in Greenbrier Companies by 9.1% in the 1st quarter. LSV Asset Management now owns 595,064 shares of the transportation company's stock valued at $30,479,000 after acquiring an additional 49,879 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Greenbrier Companies by 2.0% during the 4th quarter. Ameriprise Financial Inc. now owns 536,381 shares of the transportation company's stock worth $32,714,000 after buying an additional 10,521 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of Greenbrier Companies by 4.5% during the 1st quarter. Victory Capital Management Inc. now owns 525,908 shares of the transportation company's stock worth $26,937,000 after buying an additional 22,838 shares during the last quarter. 95.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on GBX. Susquehanna increased their price target 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 downgraded Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a research 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 company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $59.50.

Greenbrier Companies Trading Up 3.5%

Shares of GBX traded up $1.62 during trading hours on Friday, hitting $47.43. The company had a trading volume of 360,234 shares, compared to its average volume of 336,156. The firm has a market cap of $1.46 billion, a P/E ratio of 6.72, a P/E/G ratio of 1.33 and a beta of 1.69. The stock's 50 day moving average price is $48.10 and its 200 day moving average price is $48.73. 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 52-week low of $37.77 and a 52-week high of $71.06.

Greenbrier Companies (NYSE:GBX - Get Free Report) last posted its earnings results on Tuesday, July 1st. The transportation company reported $1.86 earnings per share for the quarter, topping analysts' consensus estimates of $0.99 by $0.87. The firm had revenue of $842.70 million for the quarter, compared to the consensus estimate of $785.72 million. Greenbrier Companies had a return on equity of 14.56% and a net margin of 6.48%.The business's revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.06 EPS. Greenbrier Companies has set its FY 2025 guidance at EPS. On average, research analysts predict 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. Shareholders of record on Thursday, July 17th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Thursday, July 17th. Greenbrier Companies's dividend payout ratio is presently 18.13%.

Insiders Place Their Bets

In other Greenbrier Companies news, COO William J. Krueger sold 4,000 shares of the firm's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $48.00, for a total value of $192,000.00. Following the completion of the sale, the chief operating officer owned 32,714 shares of the company's stock, valued at $1,570,272. This trade represents a 10.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director James R. Huffines bought 2,500 shares of Greenbrier Companies stock in a transaction dated Friday, August 8th. The shares were bought at an average cost of $44.84 per share, for a total transaction of $112,100.00. Following the completion of the transaction, the director owned 13,909 shares of the company's stock, valued at approximately $623,679.56. This trade represents a 21.91% increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 11,379 shares of company stock worth $595,213. 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.