Petrus Trust Company LTA Has $892,000 Position in 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 holdings in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 170.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of GBX. Price T Rowe Associates Inc. MD lifted its holdings in shares of Greenbrier Companies by 11.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 18,844 shares of the transportation company's stock worth $1,150,000 after buying an additional 2,008 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Greenbrier Companies by 47.5% during the fourth quarter. The Manufacturers Life Insurance Company now owns 22,482 shares of the transportation company's stock valued at $1,371,000 after purchasing an additional 7,239 shares during the period. Northern Trust Corp increased its position in shares of Greenbrier Companies by 20.5% during the fourth quarter. Northern Trust Corp now owns 389,406 shares of the transportation company's stock valued at $23,750,000 after purchasing an additional 66,185 shares during the period. Ameriprise Financial Inc. increased its position in shares of Greenbrier Companies by 2.0% during the fourth quarter. Ameriprise Financial Inc. now owns 536,381 shares of the transportation company's stock valued at $32,714,000 after purchasing an additional 10,521 shares during the period. Finally, Bayesian Capital Management LP bought a new stake in shares of Greenbrier Companies during the fourth quarter valued at approximately $256,000. 95.59% of the stock is currently owned by institutional investors and hedge funds.

Greenbrier Companies Price Performance

NYSE:GBX traded down $0.58 during trading hours on Tuesday, reaching $45.88. The company had a trading volume of 177,775 shares, compared to its average volume of 254,609. The stock has a 50-day moving average of $48.29 and a two-hundred day moving average of $47.69. Greenbrier Companies, Inc. has a one year low of $37.77 and a one year high of $71.06. The firm has a market capitalization of $1.42 billion, a PE ratio of 6.50, a PEG ratio of 1.54 and a beta of 1.72. The company has a quick ratio of 0.82, a current ratio of 1.48 and a debt-to-equity ratio of 0.83.

Greenbrier Companies (NYSE:GBX - Get Free Report) last announced its quarterly earnings results on Tuesday, July 1st. The transportation company reported $1.86 earnings per share for the quarter, beating 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 analysts' expectations of $785.72 million. During the same period in the prior year, the business posted $1.06 earnings per share. The business's revenue was up 2.7% compared to the same quarter last year. Greenbrier Companies has set its FY 2025 guidance at EPS. Analysts forecast that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Announces Dividend

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

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. 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 upgraded shares of Greenbrier Companies from a "buy" rating to a "strong-buy" rating in a research report on Friday. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Greenbrier Companies has an average rating of "Hold" and a consensus target price of $59.50.

Insiders Place Their Bets

In other Greenbrier Companies news, Director Wanda F. Felton sold 3,652 shares of the business's stock in a transaction 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 transaction, the director owned 3,000 shares of the company's stock, valued at approximately $162,930. The trade was a 54.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Thomas B. Fargo sold 3,727 shares of the business's stock in a transaction 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 completion of the transaction, the director directly owned 2,141 shares in the company, valued at approximately $117,690.77. This represents a 63.51% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 11,379 shares of company stock worth $595,213 in the last three months. Company insiders own 1.78% of the company's stock.

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.