Greenbrier Companies, Inc. (The) $GBX Shares Sold by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. cut its holdings in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 18.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 420,626 shares of the transportation company's stock after selling 98,193 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 1.34% of Greenbrier Companies worth $21,545,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. acquired a new stake in Greenbrier Companies during the 1st quarter worth approximately $586,000. New York State Teachers Retirement System lifted its holdings in Greenbrier Companies by 27.2% during the 1st quarter. New York State Teachers Retirement System now owns 13,848 shares of the transportation company's stock worth $709,000 after buying an additional 2,960 shares in the last quarter. Northern Trust Corp lifted its holdings in Greenbrier Companies by 20.5% during the 4th quarter. Northern Trust Corp now owns 389,406 shares of the transportation company's stock worth $23,750,000 after buying an additional 66,185 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Greenbrier Companies by 6,100.3% in the 1st quarter. GAMMA Investing LLC now owns 38,876 shares of the transportation company's stock valued at $1,991,000 after purchasing an additional 38,249 shares during the last quarter. Finally, NBC Securities Inc. increased its position in shares of Greenbrier Companies by 108,700.0% in the 1st quarter. NBC Securities Inc. now owns 1,088 shares of the transportation company's stock valued at $55,000 after purchasing an additional 1,087 shares during the last quarter. 95.59% of the stock is currently owned by institutional investors and hedge funds.

Greenbrier Companies Stock Down 2.1%

Shares of NYSE GBX traded down $0.97 during mid-day trading on Friday, reaching $46.22. The company had a trading volume of 226,678 shares, compared to its average volume of 245,248. The company has a current ratio of 1.48, a quick ratio of 0.82 and a debt-to-equity ratio of 0.83. The firm has a 50 day simple moving average of $47.68 and a two-hundred day simple moving average of $47.51. The stock has a market cap of $1.43 billion, a P/E ratio of 6.55, a PEG ratio of 1.57 and a beta of 1.72. Greenbrier Companies, Inc. has a 52-week low of $37.77 and a 52-week high of $71.06.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its quarterly earnings data on Tuesday, July 1st. The transportation company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.87. Greenbrier Companies had a net margin of 6.48% and a return on equity of 14.56%. The company had revenue of $842.70 million for the quarter, compared to the consensus estimate of $785.72 million. During the same period last year, the firm posted $1.06 EPS. Greenbrier Companies's revenue for the quarter was up 2.7% on a year-over-year basis. Greenbrier Companies has set its FY 2025 guidance at EPS. Sell-side analysts predict that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 7th. Shareholders of record on Thursday, July 17th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Thursday, July 17th. Greenbrier Companies's dividend payout ratio (DPR) is presently 18.13%.

Insider Activity

In other news, Director Thomas B. Fargo sold 3,727 shares of Greenbrier Companies stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $54.97, for a total value of $204,873.19. Following the sale, the director owned 2,141 shares of the company's stock, valued at $117,690.77. The trade was a 63.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO William J. Krueger sold 4,000 shares of Greenbrier Companies stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $48.00, for a total transaction of $192,000.00. Following the completion of the sale, the chief operating officer directly owned 32,714 shares in the company, valued at approximately $1,570,272. The trade was a 10.90% decrease in their position. The disclosure for this sale can be found here. Insiders sold 11,379 shares of company stock worth $595,213 in the last ninety days. 1.78% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have commented on GBX. Susquehanna increased their price objective on shares of Greenbrier Companies from $52.00 to $57.00 and gave the company a "positive" rating in a research report on Wednesday, July 2nd. Wall Street Zen raised shares of Greenbrier Companies from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 5th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, Greenbrier Companies presently has a consensus rating of "Hold" and a consensus price target of $59.50.

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.