Deutsche Bank AG Decreases Position in Greenbrier Companies, Inc. (The) $GBX

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

Several other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Greenbrier Companies by 6.8% in the 1st quarter. Vanguard Group Inc. now owns 3,778,630 shares of the transportation company's stock valued at $193,541,000 after acquiring an additional 242,180 shares during the period. Encompass Capital Advisors LLC increased its position in shares of 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 acquiring an additional 193,340 shares during the period. LSV Asset Management increased its position in shares of 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 during the period. Ameriprise Financial Inc. increased its position in shares of Greenbrier Companies by 2.0% in the 4th quarter. Ameriprise Financial Inc. now owns 536,381 shares of the transportation company's stock valued at $32,714,000 after acquiring an additional 10,521 shares during the period. Finally, Victory Capital Management Inc. increased its position in shares of Greenbrier Companies by 4.5% in the 1st quarter. Victory Capital Management Inc. now owns 525,908 shares of the transportation company's stock valued at $26,937,000 after acquiring an additional 22,838 shares during the period. 95.59% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Wall Street Zen downgraded Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 9th. Susquehanna upped their target price on Greenbrier Companies from $52.00 to $57.00 and gave the company a "positive" rating in a research report on Wednesday, July 2nd. One 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, the stock has an average rating of "Hold" and an average price target of $59.50.

Insider Activity

In other news, COO William J. Krueger sold 4,000 shares of the stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $48.00, for a total transaction of $192,000.00. Following the sale, the chief operating officer directly owned 32,714 shares of the company's stock, valued at $1,570,272. This represents a 10.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Thomas B. Fargo sold 3,727 shares of the stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $54.97, for a total transaction of $204,873.19. Following the sale, the director directly owned 2,141 shares in the company, valued at approximately $117,690.77. The trade was a 63.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,379 shares of company stock valued at $595,213. Insiders own 1.78% of the company's stock.

Greenbrier Companies Stock Performance

GBX traded down $1.2380 during midday trading on Monday, hitting $46.2520. 218,716 shares of the company were exchanged, compared to its average volume of 336,156. The company's 50 day simple moving average is $48.11 and its 200 day simple moving average is $48.60. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of 6.55, a price-to-earnings-growth ratio of 1.33 and a beta of 1.69. 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, Inc. has a 1-year low of $37.77 and a 1-year 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 for the quarter, topping the consensus estimate of $0.99 by $0.87. The company 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 firm's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the firm earned $1.06 EPS. Greenbrier Companies has set its FY 2025 guidance at EPS. As a group, sell-side analysts predict that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Announces Dividend

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