Jump Financial LLC Takes Position 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 bought 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 Securities & Exchange Commission. The firm bought 59,999 shares of the transportation company's stock, valued at approximately $3,073,000. Jump Financial LLC owned about 0.19% of Greenbrier Companies as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Quarry LP raised its stake in 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 buying an additional 366 shares during the last quarter. Versant Capital Management Inc raised its stake in Greenbrier Companies by 44.7% during the first quarter. Versant Capital Management Inc now owns 690 shares of the transportation company's stock worth $35,000 after buying an additional 213 shares during the last quarter. NBC Securities Inc. raised 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 worth $55,000 after buying an additional 1,087 shares during the last quarter. Curat Global LLC bought a new position in Greenbrier Companies during the first quarter worth $56,000. Finally, US Bancorp DE raised its stake in 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 buying an additional 590 shares during the last quarter. Institutional investors own 95.59% of the company's stock.

Insider Buying and Selling

In other news, COO William J. Krueger sold 4,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $48.00, for a total value of $192,000.00. Following the transaction, the chief operating officer owned 32,714 shares in the company, valued at $1,570,272. This trade represents a 10.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Thomas B. Fargo sold 3,727 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the director owned 2,141 shares in the company, valued at $117,690.77. This represents a 63.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,379 shares of company stock worth $595,213 over the last three months. Company insiders own 1.78% of the company's stock.

Greenbrier Companies Stock Down 0.7%

Shares of NYSE GBX traded down $0.34 during midday trading on Monday, hitting $46.68. 231,206 shares of the stock traded hands, compared to its average volume of 275,950. The company has a market cap of $1.44 billion, a PE ratio of 6.61, a P/E/G ratio of 1.30 and a beta of 1.72. Greenbrier Companies, Inc. has a one year low of $37.77 and a one year high of $71.06. The business has a 50 day moving average price of $48.25 and a two-hundred day moving average price of $48.07. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.82 and a current ratio of 1.48.

Greenbrier Companies (NYSE:GBX - Get Free Report) last released its quarterly earnings data on Tuesday, July 1st. The transportation company reported $1.86 EPS for the quarter, beating the consensus estimate of $0.99 by $0.87. The firm had revenue of $842.70 million during 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 quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.06 earnings per share. Greenbrier Companies has set its FY 2025 guidance at EPS. On average, equities analysts predict that Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 7th. Stockholders of record on Thursday, July 17th were issued a dividend of $0.32 per share. The ex-dividend date was Thursday, July 17th. This represents a $1.28 annualized dividend and a dividend yield of 2.7%. Greenbrier Companies's payout ratio is currently 18.13%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Wall Street Zen cut Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 9th. Susquehanna increased their price target on Greenbrier Companies from $52.00 to $57.00 and gave the stock a "positive" rating in a report on Wednesday, July 2nd. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Greenbrier Companies presently has an average rating of "Hold" and a consensus price target of $59.50.

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.