Petrus Trust Company LTA Buys 10,975 Shares of Greenbrier Companies, Inc. (The) $GBX

Key Points

• Petrus Trust Company LTA increased its stake in Greenbrier Companies by 170.4%, now owning 17,416 shares valued at approximately $892,000.
• Over 95% of Greenbrier's stock is currently owned by institutional investors and hedge funds, highlighting significant institutional interest in the company.
• Analysts upgraded Greenbrier's stock rating to "strong-buy" and raised the price target to $57.00, suggesting positive market sentiment towards its future performance.

Petrus Trust Company LTA raised its position in Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 170.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,416 shares of the transportation company's stock after buying an additional 10,975 shares during the quarter. Petrus Trust Company LTA owned about 0.06% of Greenbrier Companies worth $892,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in Greenbrier Companies by 6.8% in the first quarter. Vanguard Group Inc. now owns 3,778,630 shares of the transportation company's stock valued at $193,541,000 after acquiring an additional 242,180 shares during the last quarter. Encompass Capital Advisors LLC increased its stake in shares of Greenbrier Companies by 26.2% in the 4th quarter. Encompass Capital Advisors LLC now owns 930,236 shares of the transportation company's stock valued at $56,735,000 after purchasing an additional 193,340 shares during the last quarter. Millennium Management LLC raised its holdings in shares of Greenbrier Companies by 260.2% during the 1st quarter. Millennium Management LLC now owns 741,760 shares of the transportation company's stock worth $37,993,000 after buying an additional 535,843 shares in the last quarter. LSV Asset Management boosted its stake in Greenbrier Companies by 9.1% in the first quarter. LSV Asset Management now owns 595,064 shares of the transportation company's stock valued at $30,479,000 after buying an additional 49,879 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC grew its position in Greenbrier Companies by 5.4% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 569,228 shares of the transportation company's stock valued at $29,156,000 after acquiring an additional 29,408 shares during the last quarter. Institutional investors own 95.59% of the company's stock.

Greenbrier Companies Trading Up 2.7%

Shares of Greenbrier Companies stock traded up $1.26 during trading on Thursday, hitting $47.27. The company's stock had a trading volume of 266,833 shares, compared to its average volume of 448,490. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 6.70, a price-to-earnings-growth ratio of 1.53 and a beta of 1.72. The stock has a 50-day moving average price of $48.07 and a two-hundred day moving average price of $47.68. 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, 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 released its earnings results on Tuesday, July 1st. The transportation company reported $1.86 earnings per share (EPS) for the quarter, beating 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 business had revenue of $842.70 million for the quarter, compared to analyst estimates of $785.72 million. During the same quarter in the previous year, the business earned $1.06 earnings per share. 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. Equities research analysts anticipate that Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 7th. Investors of record on Thursday, July 17th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Thursday, July 17th. Greenbrier Companies's payout ratio is presently 18.13%.

Insider Transactions at Greenbrier Companies

In related news, COO William J. Krueger sold 4,000 shares of Greenbrier Companies stock in a transaction 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 completion of the sale, the chief operating officer owned 32,714 shares of the company's stock, valued at approximately $1,570,272. This trade represents a 10.90% decrease in their position. The transaction 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 company's stock in a transaction 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 transaction, 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. Insiders sold a total of 11,379 shares of company stock valued at $595,213 in the last 90 days. Corporate insiders own 1.78% of the company's stock.

Analyst Upgrades and Downgrades

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