Amundi Boosts Stock Position in Greenbrier Companies, Inc. (The) $GBX

Key Points

• Amundi significantly increased its stake in Greenbrier Companies by 141.0% during the first quarter, raising its holdings to 37,934 shares, valued at approximately $1.79 million.
• Greenbrier's stock saw insider sales, including Director Wanda F. Felton selling 3,652 shares for approximately $198,340, decreasing her holdings by 54.90%.
• The company recently declared a quarterly dividend of $0.32, with a dividend yield of 2.8% and a payout ratio of 18.13%.

Amundi raised its position in Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 141.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,934 shares of the transportation company's stock after purchasing an additional 22,194 shares during the quarter. Amundi owned 0.12% of Greenbrier Companies worth $1,787,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Versant Capital Management Inc increased its stake in shares of Greenbrier Companies by 44.7% in the first quarter. Versant Capital Management Inc now owns 690 shares of the transportation company's stock valued at $35,000 after buying an additional 213 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in shares of Greenbrier Companies in the fourth quarter valued at about $65,000. NBC Securities Inc. increased its stake in shares of Greenbrier Companies by 108,700.0% in the first quarter. NBC Securities Inc. now owns 1,088 shares of the transportation company's stock valued at $55,000 after buying an additional 1,087 shares during the period. Curat Global LLC acquired a new stake in shares of Greenbrier Companies in the first quarter valued at about $56,000. Finally, US Bancorp DE increased its stake in shares of Greenbrier Companies by 111.1% in the first quarter. US Bancorp DE now owns 1,121 shares of the transportation company's stock valued at $57,000 after buying an additional 590 shares during the period. Institutional investors and hedge funds own 95.59% of the company's stock.

Insiders Place Their Bets

In related news, Director James R. Huffines acquired 2,500 shares of the firm's stock in a transaction that occurred on 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 purchase, the director owned 13,909 shares in the company, valued at $623,679.56. This trade represents a 21.91% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas B. Fargo sold 3,727 shares of the business's stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of $54.97, for a total value of $204,873.19. Following the sale, the director 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. Over the last three months, insiders have sold 11,379 shares of company stock valued at $595,213. 1.78% of the stock is owned by insiders.

Greenbrier Companies Stock Down 0.5%

Shares of NYSE:GBX traded down $0.24 during mid-day trading on Tuesday, hitting $46.27. 287,852 shares of the company traded hands, compared to its average volume of 444,861. The stock has a market cap of $1.43 billion, a P/E ratio of 6.55, a P/E/G ratio of 1.53 and a beta of 1.72. 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 12-month low of $37.77 and a 12-month high of $71.06. The stock has a 50-day moving average price of $47.49 and a two-hundred day moving average price of $47.39.

Greenbrier Companies (NYSE:GBX - Get Free Report) last announced its earnings results on Tuesday, July 1st. The transportation company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.87. The company had revenue of $842.70 million for the quarter, compared to analysts' expectations of $785.72 million. Greenbrier Companies had a return on equity of 14.56% and a net margin of 6.48%.Greenbrier Companies's quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.06 earnings per share. Greenbrier Companies has set its FY 2025 guidance at EPS. On average, equities research analysts forecast that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Dividend Announcement

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

Wall Street Analyst Weigh In

GBX has been the subject of several recent research reports. 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 raised Greenbrier Companies from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $59.50.

Greenbrier Companies Company 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.