GSA Capital Partners LLP Takes $1.58 Million Position in Greenbrier Companies, Inc. (The) (NYSE:GBX)

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 acquired a new position in Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) during the first quarter, according to the company in its most recent filing with the SEC. The fund acquired 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 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Quarry LP boosted its stake in Greenbrier Companies by 892.7% during the fourth quarter. Quarry LP now owns 407 shares of the transportation company's stock valued at $25,000 after buying an additional 366 shares in the last quarter. F M Investments LLC bought a new stake in shares of Greenbrier Companies during the 4th quarter worth $35,000. Versant Capital Management Inc grew 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 worth $35,000 after acquiring an additional 213 shares during the last quarter. NBC Securities Inc. increased its stake in Greenbrier Companies by 108,700.0% during the first quarter. NBC Securities Inc. now owns 1,088 shares of the transportation company's stock valued at $55,000 after acquiring an additional 1,087 shares during the period. Finally, Curat Global LLC bought a new stake in Greenbrier Companies in the 1st quarter valued at $56,000. Hedge funds and other institutional investors own 95.59% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports 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 boosted their price target on Greenbrier Companies from $52.00 to $57.00 and gave the company a "positive" rating in a report on Wednesday, July 2nd.

Greenbrier Companies Price Performance

NYSE:GBX traded down $0.86 during mid-day trading on Wednesday, reaching $45.83. The stock had a trading volume of 413,972 shares, compared to its average volume of 676,865. The stock has a 50-day simple moving average of $47.95 and a two-hundred day simple moving average of $51.48. The stock has a market capitalization of $1.42 billion, a PE ratio of 6.49, a P/E/G ratio of 1.31 and a beta of 1.71. Greenbrier Companies, Inc. has a 12 month low of $37.77 and a 12 month high of $71.06. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 0.82.

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

Greenbrier Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 7th. Stockholders of record on Thursday, July 17th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date is Thursday, July 17th. Greenbrier Companies's payout ratio is currently 18.13%.

Insider Activity

In related news, COO William J. Krueger sold 4,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $48.00, for a total value of $192,000.00. Following the sale, the chief operating officer owned 32,714 shares in the company, valued at approximately $1,570,272. This trade represents a 10.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Wanda F. Felton sold 3,652 shares of the firm's stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $54.31, for a total transaction 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. In the last 90 days, insiders sold 13,379 shares of company stock valued at $691,213. Corporate insiders own 1.78% of the company's stock.

Greenbrier Companies 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.