Carolina Wealth Advisors LLC Decreases Stake in Greenbrier Companies, Inc. (The) (NYSE:GBX)

Carolina Wealth Advisors LLC lowered its position in Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 59.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,595 shares of the transportation company's stock after selling 8,264 shares during the period. Carolina Wealth Advisors LLC's holdings in Greenbrier Companies were worth $287,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Quarry LP raised its position in shares of Greenbrier Companies by 892.7% during the fourth quarter. Quarry LP now owns 407 shares of the transportation company's stock worth $25,000 after purchasing an additional 366 shares during the period. 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 valued at $35,000 after purchasing an additional 213 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in Greenbrier Companies by 241.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company's stock worth $56,000 after buying an additional 644 shares during the last quarter. Sterling Capital Management LLC lifted its stake in shares of Greenbrier Companies by 812.3% in the fourth quarter. Sterling Capital Management LLC now owns 967 shares of the transportation company's stock valued at $59,000 after buying an additional 861 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Greenbrier Companies during the fourth quarter valued at about $65,000. Institutional investors own 95.59% of the company's stock.

Greenbrier Companies Stock Up 0.5%

Shares of GBX stock traded up $0.23 during trading hours on Friday, reaching $46.48. The company had a trading volume of 379,667 shares, compared to its average volume of 375,571. The company has a market cap of $1.46 billion, a price-to-earnings ratio of 7.42, a price-to-earnings-growth ratio of 1.87 and a beta of 1.73. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.50 and a quick ratio of 0.83. Greenbrier Companies, Inc. has a 12 month low of $37.77 and a 12 month high of $71.06. The business has a fifty day simple moving average of $44.95 and a 200-day simple moving average of $53.35.

Greenbrier Companies (NYSE:GBX - Get Free Report) last released its quarterly earnings results on Monday, April 7th. The transportation company reported $1.69 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.09). The firm had revenue of $762.10 million for the quarter, compared to analysts' expectations of $898.53 million. Greenbrier Companies had a return on equity of 13.12% and a net margin of 5.77%. The firm's revenue for the quarter was down 11.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.03 earnings per share. On average, research analysts expect that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Tuesday, April 22nd were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.75%. This is a boost from Greenbrier Companies's previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Tuesday, April 22nd. Greenbrier Companies's payout ratio is presently 20.45%.

Insider Buying and Selling

In other news, COO William J. Krueger sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $48.00, for a total transaction of $96,000.00. Following the completion of the sale, the chief operating officer now owns 36,714 shares in the company, valued at $1,762,272. This trade represents a 5.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.78% of the stock is owned by insiders.

Analysts Set New Price Targets

Separately, Susquehanna lowered their target price on shares of Greenbrier Companies from $75.00 to $52.00 and set a "positive" rating on the stock in a report on Tuesday, April 8th.

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.