30,847 Shares in Greenbrier Companies, Inc. (The) (NYSE:GBX) Acquired by GSA Capital Partners LLP

Key Points

• GSA Capital Partners LLP acquired a new position in Greenbrier Companies, purchasing 30,847 shares valued at approximately $1,580,000, representing 0.10% ownership as of the latest SEC filing.
• Greenbrier Companies reported $1.86 earnings per share for the last quarter, significantly exceeding the consensus estimate of $0.99, with revenue reaching $842.70 million, surpassing expectations.
• The firm announced a quarterly dividend of $0.32 per share, to be paid on August 7th, resulting in an annual yield of 2.74%.

GSA Capital Partners LLP purchased a new position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 30,847 shares of the transportation company's stock, valued at approximately $1,580,000. GSA Capital Partners LLP owned approximately 0.10% of Greenbrier Companies as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of GBX. LSV Asset Management grew its position in Greenbrier Companies by 94.3% during the 4th quarter. LSV Asset Management now owns 545,185 shares of the transportation company's stock worth $33,251,000 after acquiring an additional 264,552 shares during the last quarter. Norges Bank bought a new stake in Greenbrier Companies during the 4th quarter worth $14,257,000. Encompass Capital Advisors LLC grew its position in Greenbrier Companies by 26.2% during the 4th quarter. Encompass Capital Advisors LLC now owns 930,236 shares of the transportation company's stock worth $56,735,000 after acquiring an additional 193,340 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in Greenbrier Companies during the 4th quarter worth $9,671,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Greenbrier Companies during the 4th quarter worth $6,837,000. Institutional investors and hedge funds own 95.59% of the company's stock.

Insider Activity at Greenbrier Companies

In related news, Director Thomas B. Fargo sold 3,727 shares of the company's 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 owned 2,141 shares in the company, valued at $117,690.77. This represents a 63.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Wanda F. Felton sold 3,652 shares of the company's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $54.31, for a total value of $198,340.12. Following the sale, the director owned 3,000 shares in the company, valued at approximately $162,930. The trade was a 54.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,379 shares of company stock worth $691,213 in the last 90 days. Corporate insiders own 1.78% of the company's stock.

Greenbrier Companies Trading Down 3.3%

Shares of NYSE GBX traded down $1.49 during trading on Friday, reaching $44.01. The company had a trading volume of 348,230 shares, compared to its average volume of 570,873. The company's fifty day moving average price is $47.98 and its 200-day moving average price is $51.17. Greenbrier Companies, Inc. has a 12 month low of $37.77 and a 12 month high of $71.06. The stock has a market cap of $1.36 billion, a P/E ratio of 6.23, a PEG ratio of 1.27 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 (NYSE:GBX - Get Free Report) last released its quarterly earnings results 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 analyst estimates of $785.72 million. During the same quarter in the previous year, the company posted $1.06 EPS. The business's revenue was up 2.7% on a year-over-year basis. As a group, research analysts expect that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 7th. Investors of record on Thursday, July 17th will be given a dividend of $0.32 per share. The ex-dividend date is Thursday, July 17th. This represents a $1.28 annualized dividend and a dividend yield of 2.9%. Greenbrier Companies's dividend payout ratio is presently 18.13%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on GBX. Wall Street Zen upgraded Greenbrier Companies from a "hold" rating to a "strong-buy" rating in a research report on Saturday, July 5th. 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.

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.