Jump Financial LLC Makes New $3.07 Million Investment in Greenbrier Companies, Inc. (The) $GBX

Key Points

• Jump Financial LLC invested approximately $3.07 million in Greenbrier Companies, acquiring 59,999 shares during the first quarter, representing about 0.19% of the company.
• Greenbrier Companies recently reported $1.86 earnings per share for the quarter, significantly exceeding expectations, and achieved a revenue of $842.70 million.
• The company has announced a quarterly dividend of $0.32 per share, equating to an annualized dividend yield of 2.7%.

Jump Financial LLC acquired a new stake in Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 59,999 shares of the transportation company's stock, valued at approximately $3,073,000. Jump Financial LLC owned approximately 0.19% of Greenbrier Companies as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in GBX. Versant Capital Management Inc raised 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 during the period. Fox Run Management L.L.C. raised its position in shares of Greenbrier Companies by 2.1% during the first quarter. Fox Run Management L.L.C. now owns 16,271 shares of the transportation company's stock valued at $833,000 after buying an additional 327 shares during the last quarter. Quarry LP lifted its holdings in shares of Greenbrier Companies by 892.7% in the fourth quarter. Quarry LP now owns 407 shares of the transportation company's stock worth $25,000 after buying an additional 366 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Greenbrier Companies by 9.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 6,516 shares of the transportation company's stock worth $397,000 after buying an additional 548 shares in the last quarter. Finally, US Bancorp DE boosted its position in shares of Greenbrier Companies by 111.1% during the first quarter. US Bancorp DE now owns 1,121 shares of the transportation company's stock worth $57,000 after acquiring an additional 590 shares during the last quarter. Institutional investors own 95.59% of the company's stock.

Greenbrier Companies Price Performance

NYSE:GBX opened at $46.82 on Wednesday. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 6.63, a PEG ratio of 1.29 and a beta of 1.69. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 0.82. The business has a 50 day simple moving average of $48.15 and a 200-day simple moving average of $48.59. 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 released its earnings results on Tuesday, July 1st. The transportation company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.87. The firm 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 company's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.06 EPS. Greenbrier Companies has set its FY 2025 guidance at EPS. Equities analysts forecast that Greenbrier Companies, Inc. will post 5.9 EPS 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 issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Thursday, July 17th. Greenbrier Companies's dividend payout ratio (DPR) is 18.13%.

Insider Activity

In other news, Director Wanda F. Felton sold 3,652 shares of the stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $54.31, for a total value of $198,340.12. Following the sale, the director directly owned 3,000 shares in the company, valued at approximately $162,930. This represents a 54.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Thomas B. Fargo sold 3,727 shares of the firm's stock in a transaction that occurred on Wednesday, July 9th. The stock was sold at an average price of $54.97, for a total value of $204,873.19. Following the sale, the director directly owned 2,141 shares of the company's stock, valued at $117,690.77. This represents a 63.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,379 shares of company stock worth $595,213 over the last 90 days. Insiders own 1.78% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on GBX shares. Wall Street Zen cut shares of Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th. Susquehanna raised their price objective 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 given a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $59.50.

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.

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