128,900 Shares in Greenbrier Companies, Inc. (The) $GBX Acquired by Nuveen LLC

Key Points

• Nuveen LLC has acquired a new stake in Greenbrier Companies, purchasing 128,900 shares valued at approximately $6.6 million, representing about 0.41% of the company's stocks.
• Multiple institutional investors have also increased their holdings in Greenbrier Companies, with significant purchases made by firms like Marshall Wace LLP (up 472.2%) and Hsbc Holdings PLC (up 89.6%) during the fourth quarter.
• Greenbrier Companies recently reported earnings of $1.86 EPS for the last quarter, significantly exceeding estimates and indicating a 2.7% year-over-year revenue growth.

Nuveen LLC purchased a new stake in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 128,900 shares of the transportation company's stock, valued at approximately $6,602,000. Nuveen LLC owned approximately 0.41% of Greenbrier Companies as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in GBX. Vanguard Group Inc. increased its position in Greenbrier Companies by 6.8% during the 1st quarter. Vanguard Group Inc. now owns 3,778,630 shares of the transportation company's stock valued at $193,541,000 after purchasing an additional 242,180 shares during the period. Encompass Capital Advisors LLC grew its stake in shares of Greenbrier Companies by 26.2% in the fourth 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. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Greenbrier Companies during the 4th quarter valued at $6,837,000. Tudor Investment Corp ET AL purchased a new stake in shares of Greenbrier Companies during the 4th quarter valued at about $6,523,000. Finally, Bridgeway Capital Management LLC boosted its stake in shares of Greenbrier Companies by 31.3% in the 4th quarter. Bridgeway Capital Management LLC now owns 398,226 shares of the transportation company's stock worth $24,288,000 after buying an additional 94,912 shares during the last quarter. 95.59% of the stock is owned by hedge funds and other institutional investors.

Greenbrier Companies Stock Performance

NYSE:GBX traded up $0.37 during trading hours on Wednesday, hitting $47.14. 198,846 shares of the company were exchanged, compared to its average volume of 305,758. 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 company's 50 day moving average price is $48.18 and its 200-day moving average price is $48.58. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 6.68, a PEG ratio of 1.31 and a beta of 1.69. 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 earnings results on Tuesday, July 1st. The transportation company reported $1.86 EPS for the quarter, topping 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 the consensus estimate of $785.72 million. During the same quarter in the prior year, the business earned $1.06 earnings per share. The company's revenue was up 2.7% compared to the same quarter last year. Greenbrier Companies has set its FY 2025 guidance at EPS. As a group, research analysts forecast that Greenbrier Companies, Inc. will post 5.9 earnings per share 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 paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Thursday, July 17th. Greenbrier Companies's dividend payout ratio is presently 18.13%.

Analysts Set New Price Targets

Several equities analysts have recently commented on GBX shares. Susquehanna boosted 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. Wall Street Zen downgraded shares of Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $59.50.

Insiders Place Their Bets

In other Greenbrier Companies news, Director Wanda F. Felton sold 3,652 shares of the stock in a transaction on Friday, July 11th. The shares were sold at an average price of $54.31, for a total transaction of $198,340.12. Following the transaction, the director directly owned 3,000 shares of the company's stock, valued at $162,930. This trade represents a 54.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director James R. Huffines bought 2,500 shares of the firm's stock in a transaction dated Friday, August 8th. The stock was purchased at an average price of $44.84 per share, for a total transaction of $112,100.00. Following the transaction, the director owned 13,909 shares of the company's stock, valued at approximately $623,679.56. This represents a 21.91% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders have sold 11,379 shares of company stock worth $595,213. Company insiders own 1.78% of the company's stock.

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.