Versor Investments LP Raises Stock Holdings 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 grew its stake in Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 113.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,821 shares of the transportation company's stock after buying an additional 10,542 shares during the period. Versor Investments LP owned 0.06% of Greenbrier Companies worth $1,015,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the business. Algert Global LLC grew its stake in Greenbrier Companies by 153.3% during the first quarter. Algert Global LLC now owns 143,604 shares of the transportation company's stock worth $7,355,000 after purchasing an additional 86,900 shares during the period. Brandywine Global Investment Management LLC grew its stake in Greenbrier Companies by 20.4% during the first quarter. Brandywine Global Investment Management LLC now owns 114,353 shares of the transportation company's stock worth $5,857,000 after purchasing an additional 19,348 shares during the period. Fox Run Management L.L.C. grew its stake in Greenbrier Companies by 2.1% during the first quarter. Fox Run Management L.L.C. now owns 16,271 shares of the transportation company's stock worth $833,000 after purchasing an additional 327 shares during the period. Kovitz Investment Group Partners LLC grew its stake in Greenbrier Companies by 514.1% during the first quarter. Kovitz Investment Group Partners LLC now owns 116,144 shares of the transportation company's stock worth $5,949,000 after purchasing an additional 97,231 shares during the period. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in Greenbrier Companies during the first quarter worth approximately $86,000. Institutional investors and hedge funds own 95.59% of the company's stock.

Insider Buying and Selling

In other news, Director Thomas B. Fargo sold 3,727 shares of the firm's stock in a transaction that occurred on Wednesday, July 9th. The stock was sold at an average price of $54.97, for a total value of $204,873.19. Following 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO William J. Krueger sold 4,000 shares of the firm's stock in a transaction that occurred on 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 transaction, the chief operating officer owned 32,714 shares in the company, valued at $1,570,272. This represents a 10.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,379 shares of company stock worth $595,213 over the last three months. Company insiders own 1.78% of the company's stock.

Greenbrier Companies Stock Down 1.3%

NYSE:GBX traded down $0.6040 on Thursday, hitting $45.7260. The stock had a trading volume of 290,710 shares, compared to its average volume of 344,257. The business's fifty day moving average is $48.06 and its 200 day moving average is $49.08. The company has a market cap of $1.41 billion, a PE ratio of 6.48, a P/E/G ratio of 1.30 and a beta of 1.69. 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 announced its quarterly earnings results on Tuesday, July 1st. The transportation company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.87. The business had revenue of $842.70 million for 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 company's quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.06 earnings per share. Greenbrier Companies has set its FY 2025 guidance at EPS. On average, equities research analysts expect that Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 7th. Stockholders of record on Thursday, July 17th were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Thursday, July 17th. Greenbrier Companies's dividend payout ratio (DPR) is currently 18.13%.

Analyst Ratings Changes

Several research firms recently commented on GBX. Wall Street Zen cut Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th. Susquehanna raised their target price on Greenbrier Companies from $52.00 to $57.00 and gave the stock a "positive" rating in a research note on Wednesday, July 2nd. 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 stock presently has an average rating of "Hold" and a consensus target price of $59.50.

Greenbrier Companies Profile

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.