Greenbrier Companies, Inc. (The) $GBX Shares Sold by Deutsche Bank AG

Key Points

• Deutsche Bank AG sold 39.9% of its shares in Greenbrier Companies, reducing its holdings to 60,277 shares valued at approximately $3.1 million.
• Greenbrier Companies received mixed analyst ratings, with Susquehanna raising its price target to $57.00, while MarketBeat reports a consensus rating of "Hold" with a target price of $59.50.
• The company declared a quarterly dividend of $0.32 per share, resulting in an annualized dividend yield of 2.8%, with a low payout ratio of 18.13%.

Deutsche Bank AG lessened its holdings in Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 39.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,277 shares of the transportation company's stock after selling 39,937 shares during the period. Deutsche Bank AG owned about 0.19% of Greenbrier Companies worth $3,087,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the company. Versant Capital Management Inc increased its stake in Greenbrier Companies by 44.7% during the 1st quarter. Versant Capital Management Inc now owns 690 shares of the transportation company's stock worth $35,000 after buying an additional 213 shares in the last quarter. Quarry LP increased its stake in Greenbrier Companies by 892.7% during the 4th quarter. Quarry LP now owns 407 shares of the transportation company's stock worth $25,000 after buying an additional 366 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Greenbrier Companies by 9.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 6,516 shares of the transportation company's stock worth $397,000 after buying an additional 548 shares in the last quarter. LPL Financial LLC increased its stake in Greenbrier Companies by 4.5% during the 4th quarter. LPL Financial LLC now owns 12,728 shares of the transportation company's stock worth $776,000 after buying an additional 550 shares in the last quarter. Finally, US Bancorp DE increased its stake in Greenbrier Companies by 111.1% during the 1st quarter. US Bancorp DE now owns 1,121 shares of the transportation company's stock worth $57,000 after buying an additional 590 shares in the last quarter. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

GBX has been the subject of a number of analyst reports. Susquehanna upped their price target on Greenbrier Companies from $52.00 to $57.00 and gave the company a "positive" rating in a research 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 equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, Greenbrier Companies presently has a consensus rating of "Hold" and a consensus target price of $59.50.

Insider Buying and Selling

In related news, Director James R. Huffines acquired 2,500 shares of the business's stock in a transaction dated Friday, August 8th. The shares were acquired at an average price of $44.84 per share, with a total value of $112,100.00. Following the completion of the transaction, the director owned 13,909 shares of the company's stock, valued at $623,679.56. The trade was a 21.91% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Thomas B. Fargo sold 3,727 shares of the company's stock in a transaction 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 sale, the director directly owned 2,141 shares in the company, valued at $117,690.77. This represents a 63.51% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 11,379 shares of company stock worth $595,213 over the last ninety days. Insiders own 1.78% of the company's stock.

Greenbrier Companies Trading Up 1.2%

GBX opened at $46.4590 on Wednesday. Greenbrier Companies, Inc. has a one year low of $37.77 and a one year high of $71.06. The stock has a market capitalization of $1.43 billion, a PE ratio of 6.58, a P/E/G ratio of 1.28 and a beta of 1.69. The business's 50 day moving average price is $48.07 and its 200 day moving average price is $49.22. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.82 and a current ratio of 1.48.

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 analysts' consensus estimates of $0.99 by $0.87. Greenbrier Companies had a return on equity of 14.56% and a net margin of 6.48%.The firm had revenue of $842.70 million for the quarter, compared to analysts' expectations of $785.72 million. During the same period in the prior year, the firm posted $1.06 earnings per share. The firm's quarterly revenue was up 2.7% on a year-over-year basis. Greenbrier Companies has set its FY 2025 guidance at EPS. As a group, equities research analysts expect that Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Dividend Announcement

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

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